3367 The Credit Woodlands Road, Mississauga

Price: $899,900

6 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W13665214

Exceptional Investment & Multi-Generational Opportunity in Prime Erindale! Welcome to this beautifully updated semi-detached bungalow offering outstanding versatility and high-yield income potential directly adjacent to the University of Toronto Mississauga (UTM). The main level features a bright, functional layout with three spacious bedrooms, two fully renovated brand-new full bathrooms, fresh paint throughout, and updated electrical outlets and light switches. The fully self-contained basement apartment boasts a separate private entrance, three bedrooms, a full kitchen, a full bathroom, and dedicated in-suite laundry-ideal for living upstairs while generating $2,500 to $3,000/month in basement rent, or leveraging UTM proximity for room-by-room student leasing yielding up to $6,000/month gross income. Step outside to a generous private backyard and a massive detached garage featuring a brand-new garage door and fresh paint. Complete with driveway parking for up to six vehicles, this turn-key property is steps from MiWay bus routes, minutes to Erindale GO Station, and offers fast connectivity to Highways 403, 401, and the QEW. Unbeatable location close to Westdale Mall, Square One Shopping Centre, local grocery stores, top-rated schools, and scenic trails along the Credit River! Some photos in this listing have been virtually staged

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New Listing
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$899,900 - 3367 The Credit Woodlands Road, Mississauga

Semi-Detached for Sale in Mississauga

New — Listed 7 days ago

Neighbourhood: Erindale

6Beds
3Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W13665214
Property Type
Semi-Detached
Status
active
Days on Site
7
Bedrooms
6
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

Exceptional Investment & Multi-Generational Opportunity in Prime Erindale! Welcome to this beautifully updated semi-detached bungalow offering outstanding versatility and high-yield income potential directly adjacent to the University of Toronto Mississauga (UTM). The main level features a bright, functional layout with three spacious bedrooms, two fully renovated brand-new full bathrooms, fresh paint throughout, and updated electrical outlets and light switches. The fully self-contained basement apartment boasts a separate private entrance, three bedrooms, a full kitchen, a full bathroom, and dedicated in-suite laundry-ideal for living upstairs while generating $2,500 to $3,000/month in basement rent, or leveraging UTM proximity for room-by-room student leasing yielding up to $6,000/month gross income. Step outside to a generous private backyard and a massive detached garage featuring a brand-new garage door and fresh paint. Complete with driveway parking for up to six vehicles, this turn-key property is steps from MiWay bus routes, minutes to Erindale GO Station, and offers fast connectivity to Highways 403, 401, and the QEW. Unbeatable location close to Westdale Mall, Square One Shopping Centre, local grocery stores, top-rated schools, and scenic trails along the Credit River! Some photos in this listing have been virtually staged

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: Erindale

Nature and University Town Living

Erindale is a mature neighbourhood centered around the University of Toronto Mississauga campus and the scenic Credit River valley. The area offers a unique combination of natural beauty, academic culture, and established residential streets. Erindale Park, one of Mississauga's largest and most beautiful parks, anchors the community.

Why Live in Erindale

  • Adjacent to UTM campus
  • Credit River valley and trails
  • Erindale Park - one of Mississauga's finest
  • Mature trees and established streets
  • Strong rental market near university

Nearby Schools

Erindale Secondary SchoolPublic High School
University of Toronto MississaugaUniversity
Credit Woodlands Secondary SchoolPublic High School
Erindale Public SchoolPublic Elementary

Transit & Commuting

  • MiWay Route 110 to UTM
  • Easy access to Highway 403
  • Erindale GO Station (planned)
  • 25-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Erindale Park
  • Credit River trails
  • Erindale Community Centre
  • UTM campus amenities
  • Riverwood Conservancy (nearby)

Lifestyle & Community

Erindale combines the serenity of nature with the vibrancy of a university community. Residents enjoy beautiful parks, academic culture, and a diverse, welcoming atmosphere.

48
Walk Score
$650K - $1.3M
Price Range

3367 The Credit Woodlands Road, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$3,176

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.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.

Bathroom Count Matters

With 3 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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    3367 The Credit Woodlands Road | $899,900 | Battaglia Team