3408 Monica Drive Unit Bsmt, Mississauga

Price: $1,600

2 bedrooms, 1 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W14095618

Welcome to this bright and spacious LEGAL 2-bedroom basement apartment in the heart of Malton, Mississauga! Featuring large windows that fill the space with natural light, this apartment offers an open, airy feel that doesn't feel like a typical basement. Enjoy a functional open-concept kitchen and living area, two comfortable bedrooms, a 3-piece bathroom with a stand-up shower, and a completely separate private entrance. Includes one driveway parking space, access to a fully fenced backyard, and in-unit laundry to be installed. Located in a great, established neighbourhood just a 2-minute walk to public transit and minutes from Westwood Square, schools, parks, shopping, restaurants, and Highway 427. Additional free street parking available on Brandon Gate, approximately a 5-minute walk away, subject to municipal parking regulations. A fantastic opportunity to enjoy comfortable, affordable living in a convenient location! Available November 1, 2026, for $1,600/month plus utilities.

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active
New Listing
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$1,600/mo - 3408 Monica Drive Unit Bsmt, Mississauga

Detached for Rent in Mississauga

New — Listed today

Neighbourhood: Malton

2Beds
1Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
W14095618
Property Type
Detached
Status
active
Days on Site
0
Bedrooms
2
Bathrooms
1
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
PONTIS REALTY INC.
Description

Welcome to this bright and spacious LEGAL 2-bedroom basement apartment in the heart of Malton, Mississauga! Featuring large windows that fill the space with natural light, this apartment offers an open, airy feel that doesn't feel like a typical basement. Enjoy a functional open-concept kitchen and living area, two comfortable bedrooms, a 3-piece bathroom with a stand-up shower, and a completely separate private entrance. Includes one driveway parking space, access to a fully fenced backyard, and in-unit laundry to be installed. Located in a great, established neighbourhood just a 2-minute walk to public transit and minutes from Westwood Square, schools, parks, shopping, restaurants, and Highway 427. Additional free street parking available on Brandon Gate, approximately a 5-minute walk away, subject to municipal parking regulations. A fantastic opportunity to enjoy comfortable, affordable living in a convenient location! Available November 1, 2026, for $1,600/month plus utilities.

Neighbourhood Guide: Malton

Discover Malton

Malton 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 Malton

  • •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

Malton 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

3408 Monica Drive Unit Bsmt, Mississauga

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$1,600/mo
↓ Below typical 2-bed market rent
Annual Rent Cost
$19,200
12 × monthly rent

Estimated Monthly Budget

Asking Rent$1,600/mo
Utilities (est.)~$180/mo
Est. Total Monthly Cost~$1,780/mo

Things to Confirm Before Signing

· Are utilities included, or separate?

· How many parking spots are included?

· Is the landlord open to a 1-year or 2-year lease?

· Are pets and small renovations (paint, hooks) allowed?

· When was the last rent increase, if there is a prior tenant?

Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

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

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Rent

At $1,600/mo, this is priced below the typical 2-bedroom rent of ~$2,900/mo in Mississauga. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.

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.

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.

About Malton

I know Malton well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Lease Terms to Negotiate

Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.

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    3408 Monica Drive Unit Bsmt, Mississauga | $1,600 | Battaglia Team