3278 Credit Heights Drive, Mississauga

Price: $2,750,000

4 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W12748130

Grandly renovated 4-bedroom detached home with walkout basement on a rare 75' x 229' ravine lot in Mississauga's prestigious Credit Woodlands, featuring a saltwater pool, pond, and gazebo backing directly onto the Credit River. This luxury family home is within walking distance to 222-acre Erindale Park and the scenic Culham Trail, minutes from Mississauga Golf and Country Club, and offers quick access to major highways and GO Transit for easy commuting to Toronto and Hamilton. A mature, tree-lined street leads to a deep double driveway accommodating 8 cars plus a 2-car garage. An interlocking stone walkway and covered front veranda overlook perennial gardens with sprinkler system. The backyard is a private oasis with a massive deck, covered terrace, terraced gardens, custom saltwater pool with waterfall, serene pond with sheer descent waterfall, private gazebo, and expansive green space framed by ravine views. Recent upgrades include freshly painted interior, deck and gazebo, new furnace, air conditioner, pool heater and cover, some updated main floor windows and new backyard fencing (2025), plus a newer roof. Inside, hardwood flooring, crown mouldings, pot lighting, upgraded trims, two fireplaces, and three walkouts enhance sophistication. The skylit oak staircase opens to elegant living and dining rooms, a family room with fireplace, and a chef's kitchen with custom cabinetry, stone counters, stainless steel appliances, large island, and oversized breakfast room with walkout to deck. Upstairs, a sitting room, 2 bathrooms, and 4 spacious bedrooms are available, including a refined primary suite with a spa-like 5-piece ensuite featuring a claw-foot tub and a glass shower. The finished walkout lower level includes a recreation room with fireplace, coffered ceiling and built-ins, media/entertainment area, modern 3-piece bath, and 2 walkouts to the terrace overlooking the Credit River ravine.

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$2,750,000 - 3278 Credit Heights Drive, Mississauga

Detached for Sale in Mississauga

126 days on market
4Beds
4Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
W12748130
Property Type
Detached
Status
active
Days on Site
126
Bedrooms
4
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Mississauga
Lot Size
16,553 sqft
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

Grandly renovated 4-bedroom detached home with walkout basement on a rare 75' x 229' ravine lot in Mississauga's prestigious Credit Woodlands, featuring a saltwater pool, pond, and gazebo backing directly onto the Credit River. This luxury family home is within walking distance to 222-acre Erindale Park and the scenic Culham Trail, minutes from Mississauga Golf and Country Club, and offers quick access to major highways and GO Transit for easy commuting to Toronto and Hamilton. A mature, tree-lined street leads to a deep double driveway accommodating 8 cars plus a 2-car garage. An interlocking stone walkway and covered front veranda overlook perennial gardens with sprinkler system. The backyard is a private oasis with a massive deck, covered terrace, terraced gardens, custom saltwater pool with waterfall, serene pond with sheer descent waterfall, private gazebo, and expansive green space framed by ravine views. Recent upgrades include freshly painted interior, deck and gazebo, new furnace, air conditioner, pool heater and cover, some updated main floor windows and new backyard fencing (2025), plus a newer roof. Inside, hardwood flooring, crown mouldings, pot lighting, upgraded trims, two fireplaces, and three walkouts enhance sophistication. The skylit oak staircase opens to elegant living and dining rooms, a family room with fireplace, and a chef's kitchen with custom cabinetry, stone counters, stainless steel appliances, large island, and oversized breakfast room with walkout to deck. Upstairs, a sitting room, 2 bathrooms, and 4 spacious bedrooms are available, including a refined primary suite with a spa-like 5-piece ensuite featuring a claw-foot tub and a glass shower. The finished walkout lower level includes a recreation room with fireplace, coffered ceiling and built-ins, media/entertainment area, modern 3-piece bath, and 2 walkouts to the terrace overlooking the Credit River ravine.

Mortgage Calculator

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Estimated Payment

$12,164.18/mo

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5-yr fixed avg.

Principal: $2,200,000Interest: $1,449,253
Mortgage Amount$2,200,000
Total Interest$1,449,253
Est. Property Tax$1,948/mo
Total Cost$3,649,253

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Mississauga

Discover Mississauga

Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Mississauga

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

3278 Credit Heights Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$0
Property Tax (est.)-$1,948
Insurance (est.)-$573
Net Cash Flow+$1,279

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $917/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 126 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    MLS# W12748130 — 3278 Credit Heights Drive | Battaglia Team