3500 Silverplains Drive, Mississauga

Price: $1,250,000

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13424542

Welcome to 3500 Silverplains Drive, a rare offering on a spacious corner lot in Mississauga's coveted Applewood community. Located in a quiet pocket originally built by the renowned G.S. Ship & Sons in the 1960s, this established neighbourhood is known for its mature trees, strong sense of community, and exceptional schools. This well-maintained home features 3 bedrooms, 2 spacious living areas, a formal dining room, kitchenette, and charming original details including a laundry chute. Outside, enjoy an inground pool, extensive hardscaping, and a durable Marley tile roof. Steps to walking trails, Garnetwood Park, and top-rated public and Catholic schools, with easy access to major highways and downtown Toronto. A wonderful opportunity to become part of one of Mississauga's most desirable communities.

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$1,250,000 - 3500 Silverplains Drive, Mississauga

Detached for Sale in Mississauga

Neighbourhood: Applewood

5Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W13424542
Property Type
Detached
Status
active
Days on Site
27
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
CENTURY 21 PERCY FULTON LTD.
Description

Welcome to 3500 Silverplains Drive, a rare offering on a spacious corner lot in Mississauga's coveted Applewood community. Located in a quiet pocket originally built by the renowned G.S. Ship & Sons in the 1960s, this established neighbourhood is known for its mature trees, strong sense of community, and exceptional schools. This well-maintained home features 3 bedrooms, 2 spacious living areas, a formal dining room, kitchenette, and charming original details including a laundry chute. Outside, enjoy an inground pool, extensive hardscaping, and a durable Marley tile roof. Steps to walking trails, Garnetwood Park, and top-rated public and Catholic schools, with easy access to major highways and downtown Toronto. A wonderful opportunity to become part of one of Mississauga's most desirable communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,529.17/mo

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5-yr fixed avg.

Principal: $1,000,000Interest: $658,751
Mortgage Amount$1,000,000
Total Interest$658,751
Est. Property Tax$885/mo
Total Cost$1,658,751

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

3500 Silverplains Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$885
Insurance (est.)-$260
Net Cash Flow+$2,455

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 $833/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 27 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.

Excellent Flexibility

With 5 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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    3500 Silverplains Drive, Mississauga | $1,250,000 | Battaglia Team