3321 Raindance Crescent, Mississauga

Price: $899,900

4 bedrooms, 4 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W13585380

Welcome to a well-maintained 3+1 bedroom semi-detached home in the sought-after family-friendly Winston Churchill & Hwy 401 area. Over $60,000 invested in new basement and other renovations, which translates to a $5000 monthly Income Potential. The main home features a bright living and dining area with a walkout to the fenced backyard, an updated kitchen, private laundry, multiple access to garage, a spacious primary bedroom with ensuite, plus two additional bedrooms with another full bathroom. The entire home boasts 4 well sized bedrooms with 4 washrooms, 2 private laundry, 2 kitchens, 2 separate entrances, storage, and much more.The finished basement has a separate entrance and includes a one-bedroom apartment with its own kitchen, living room, full bathroom, private laundry, and storage. Ideal for extended family or rental income. The Basement kitchen is professionally completed and ready for the purchaser to install cabinetry of their choice. This high demand neighborhood is close to lots of Tech companies, Top ranking schools, The biggest Business centre, Toronto premium outlets, lots of five-star hotels, high demand for AirBnB, 8 mins walk to Lisgar GO train station, easy access to Highways 407 & 401, and much more.Bring your vision! With a strong offer, the motivated Seller is willing to customize the basement kitchen to suit the Buyer's taste. *Certain images have been virtually staged for illustrative purposes only. Freshly painted with smooth ceiling throughout the house. Garage with 2 car parking in the driveway. This home offers an estimated rental potential of up to $5,000/month (The Main Floor recently rented for $3250, and Basement projected for $1750). Conveniently located close to shopping, schools, parks, restaurants, library, community centre, GO Transit, and Hwy 401.

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$899,900 - 3321 Raindance Crescent, Mississauga

Semi-Detached for Sale in Mississauga

34 days on market

Neighbourhood: Lisgar

4Beds
4Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W13585380
Property Type
Semi-Detached
Status
active
Days on Site
34
Bedrooms
4
Bathrooms
4
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Welcome to a well-maintained 3+1 bedroom semi-detached home in the sought-after family-friendly Winston Churchill & Hwy 401 area. Over $60,000 invested in new basement and other renovations, which translates to a $5000 monthly Income Potential. The main home features a bright living and dining area with a walkout to the fenced backyard, an updated kitchen, private laundry, multiple access to garage, a spacious primary bedroom with ensuite, plus two additional bedrooms with another full bathroom. The entire home boasts 4 well sized bedrooms with 4 washrooms, 2 private laundry, 2 kitchens, 2 separate entrances, storage, and much more.The finished basement has a separate entrance and includes a one-bedroom apartment with its own kitchen, living room, full bathroom, private laundry, and storage. Ideal for extended family or rental income. The Basement kitchen is professionally completed and ready for the purchaser to install cabinetry of their choice. This high demand neighborhood is close to lots of Tech companies, Top ranking schools, The biggest Business centre, Toronto premium outlets, lots of five-star hotels, high demand for AirBnB, 8 mins walk to Lisgar GO train station, easy access to Highways 407 & 401, and much more.Bring your vision! With a strong offer, the motivated Seller is willing to customize the basement kitchen to suit the Buyer's taste. *Certain images have been virtually staged for illustrative purposes only. Freshly painted with smooth ceiling throughout the house. Garage with 2 car parking in the driveway. This home offers an estimated rental potential of up to $5,000/month (The Main Floor recently rented for $3250, and Basement projected for $1750). Conveniently located close to shopping, schools, parks, restaurants, library, community centre, GO Transit, and Hwy 401.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,616.95/mo

Includes CMHC insurance ($25,107)

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5-yr fixed avg.

Principal: $809,910Interest: $550,069
Mortgage Amount$835,017
Total Interest$550,069
Est. Property Tax$637/mo
Total Cost$1,385,086

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: Lisgar

Modern Living in Nature's Embrace

Lisgar is a newer, master-planned community in northwest Mississauga, developed primarily in the 1990s and 2000s. The neighbourhood features modern homes, extensive parks, and excellent schools. Lisgar offers a suburban lifestyle with convenient access to highways and the new developments along the 401 corridor.

Why Live in Lisgar

  • Newer homes in modern designs
  • Extensive parks and green spaces
  • Top-rated schools
  • Highway 401 and 407 access
  • Growing retail and services

Nearby Schools

Lisgar Middle SchoolPublic Middle School
Meadowvale Secondary SchoolPublic High School
St. Joan of Arc CSSCatholic High School
Lisgar Public SchoolPublic Elementary

Transit & Commuting

  • MiWay bus connections
  • Close to Highway 401 and 407 ETR
  • Lisgar GO Station (proposed)
  • 10-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Lisgar Park
  • Churchill Meadows Community Centre
  • Multiple sports fields and playgrounds
  • Retail plazas along Britannia Road
  • Proximity to outlet malls

Lifestyle & Community

Lisgar offers modern suburban living with excellent amenities. The neighbourhood is perfect for families seeking newer homes and easy highway access.

42
Walk Score
$800K - $1.5M
Price Range

3321 Raindance Crescent, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$2,376

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 $818/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.

Market Position

At 34 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

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    3321 Raindance Crescent, Mississauga | $899,900 | Battaglia Team