3478 Monica Drive, Mississauga

Price: $885,000

4 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13848068

Welcome to 3478 Monica Dr, a beautifully updated detached sidesplit on a generous corner lot in the heart of Malton. Offering 3+1 bedrooms, 3 bathrooms and a surprising amount of functional living space, this is a home designed to grow and adapt with your family. The main floor has been thoughtfully refreshed with a brand-new kitchen featuring white cabinetry, quartz counters and backsplash, a large centre island, new stainless steel appliances and under-cabinet lighting. The bright, spacious family room flows naturally into the dining area with a walkout to the backyard. A large mudroom with direct access to the garage and a dedicated laundry room with extensive storage add the kind of everyday practicality families will appreciate. Upstairs you'll find 3 generously sized bedrooms, excellent closet space and an updated 4-piece family bathroom. The lower level adds another dimension, with its own separate entrance, kitchen, bedroom, bathroom and living space, offering excellent flexibility for extended or multi-generational families, or the opportunity to explore additional income potential. Outside, enjoy a large backyard with plenty of room to entertain, a storage shed and apple, cherry and pear trees. Recent improvements include a new roof (2025), updated flooring and lighting, fresh paint throughout and a 200 AMP electrical service. Conveniently located close to Malton GO, public transit, Pearson Airport, Highways 401, 409 & 427, schools, parks, shopping and everyday amenities. There's a lot more to this home than meets the eye. Come see just how much space and flexibility it has to offer.

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active
New Listing

$885,000 - 3478 Monica Drive, Mississauga

Detached for Sale in Mississauga

New — Listed 6 days ago

Neighbourhood: Malton

4Beds
3Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
W13848068
Property Type
Detached
Status
active
Days on Site
6
Bedrooms
4
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Taxes (2026)
$5,276
Listing Brokerage
RE/MAX ULTIMATE REALTY INC.
Description

Welcome to 3478 Monica Dr, a beautifully updated detached sidesplit on a generous corner lot in the heart of Malton. Offering 3+1 bedrooms, 3 bathrooms and a surprising amount of functional living space, this is a home designed to grow and adapt with your family. The main floor has been thoughtfully refreshed with a brand-new kitchen featuring white cabinetry, quartz counters and backsplash, a large centre island, new stainless steel appliances and under-cabinet lighting. The bright, spacious family room flows naturally into the dining area with a walkout to the backyard. A large mudroom with direct access to the garage and a dedicated laundry room with extensive storage add the kind of everyday practicality families will appreciate. Upstairs you'll find 3 generously sized bedrooms, excellent closet space and an updated 4-piece family bathroom. The lower level adds another dimension, with its own separate entrance, kitchen, bedroom, bathroom and living space, offering excellent flexibility for extended or multi-generational families, or the opportunity to explore additional income potential. Outside, enjoy a large backyard with plenty of room to entertain, a storage shed and apple, cherry and pear trees. Recent improvements include a new roof (2025), updated flooring and lighting, fresh paint throughout and a 200 AMP electrical service. Conveniently located close to Malton GO, public transit, Pearson Airport, Highways 401, 409 & 427, schools, parks, shopping and everyday amenities. There's a lot more to this home than meets the eye. Come see just how much space and flexibility it has to offer.

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Estimate your monthly payments for this property

Estimated Payment

$4,540.51/mo

Includes CMHC insurance ($24,692)

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5-yr fixed avg.

Principal: $796,500Interest: $540,961
Mortgage Amount$821,192
Total Interest$540,961
Est. Property Tax$627/mo
Total Cost$1,362,153

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: 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

3478 Monica Drive, 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.)-$627
Insurance (est.)-$184
Net Cash Flow+$2,389

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 $805/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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    3478 Monica Drive, Mississauga | $885,000 | Battaglia Team