3465 Lincove Terrace, Mississauga

Price: $1,200,000

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13520196

Welcome to this well-maintained 4-bedroom detached home in the sought-after Applewood neighbourhood, proudly cared for by the same owners for 40 years. Set on a generous 46 x 155ft. mature lot on a quiet, low-traffic street, this spacious 4-level backsplit offers approximately 2,500 sq. ft. of living space with exceptional privacy, surrounded by established trees and gardens.The home features a bright, family-friendly layout with comfortable bedroom space and hardwood floors under the existing carpet, offering great potential for future updates. A large family room with a beautiful stone fireplace and walk-out to the fully fenced backyard creates the perfect setting for relaxing, entertaining, or enjoying the peaceful outdoor surroundings.The finished lower level adds valuable living space, including a recreation area, cold cellar, crawl space, and a large laundry room with plenty of storage. A separate side entrance provides added convenience and flexibility, with access to the backyard and patio area. Ideally located close to parks, schools, shopping, and family-friendly amenities, this is awonderful opportunity to own a spacious detached home on a mature lot in one of Applewood's most desirable neighbourhoods.

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$1,200,000 - 3465 Lincove Terrace, Mississauga

Detached for Sale in Mississauga

New — Listed 3 days ago

Neighbourhood: Applewood

4Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W13520196
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

Welcome to this well-maintained 4-bedroom detached home in the sought-after Applewood neighbourhood, proudly cared for by the same owners for 40 years. Set on a generous 46 x 155ft. mature lot on a quiet, low-traffic street, this spacious 4-level backsplit offers approximately 2,500 sq. ft. of living space with exceptional privacy, surrounded by established trees and gardens.The home features a bright, family-friendly layout with comfortable bedroom space and hardwood floors under the existing carpet, offering great potential for future updates. A large family room with a beautiful stone fireplace and walk-out to the fully fenced backyard creates the perfect setting for relaxing, entertaining, or enjoying the peaceful outdoor surroundings.The finished lower level adds valuable living space, including a recreation area, cold cellar, crawl space, and a large laundry room with plenty of storage. A separate side entrance provides added convenience and flexibility, with access to the backyard and patio area. Ideally located close to parks, schools, shopping, and family-friendly amenities, this is awonderful opportunity to own a spacious detached home on a mature lot in one of Applewood's most desirable neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,308.00/mo

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5-yr fixed avg.

Principal: $960,000Interest: $632,401
Mortgage Amount$960,000
Total Interest$632,401
Est. Property Tax$850/mo
Total Cost$1,592,401

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: Applewood

Established Character and Convenience

Applewood is one of Mississauga's earliest suburbs, known for its mid-century homes, mature landscaping, and convenient central location. The neighbourhood offers excellent value with proximity to shopping, transit, and major employers. Applewood has maintained its character while benefiting from ongoing renovations and updates.

Why Live in Applewood

  • Central location with excellent access
  • Mature trees and established gardens
  • Strong community identity
  • Close to Dixie and Bloor shopping
  • Good value for the location

Nearby Schools

Applewood Heights Secondary SchoolPublic High School
Father Michael Goetz CSSCatholic High School
Applewood Public SchoolPublic Elementary
St. Alfred Catholic SchoolCatholic Elementary

Transit & Commuting

  • Multiple MiWay bus routes
  • Dixie GO Station nearby
  • Easy access to Highway 401 and QEW
  • 10-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Applewood Hills Park
  • Burnhamthorpe Community Centre (nearby)
  • Dixie Outlet Mall
  • Local shopping plazas
  • Community library

Lifestyle & Community

Applewood offers practical, comfortable living with excellent connectivity. The neighbourhood appeals to those seeking value in a central location with good transit access.

65
Walk Score
$600K - $1.2M
Price Range

3465 Lincove Terrace, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$850
Insurance (est.)-$250
Net Cash Flow+$2,200

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

Competitive Pricing

At $600/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

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.

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 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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    3465 Lincove Terrace, Mississauga | $1,200,000 | Battaglia Team