3500 Silverplains Drive, Mississauga

Price: $1,099,999

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13860902

Welcome to 3500 Silverplains Drive, a distinctive Applewood home set on a spacious corner lot in one of Mississauga's most established communities. This well-maintained home offers 3 bedrooms, multiple living areas and an impressive 250+ sq. ft. lower-level flex space with above-grade windows and a fireplace. Currently styled as an additional sleeping area, this expansive room offers exceptional versatility for guests, a home office, media room, playroom or private family space. Enjoy hardwood flooring, a bright formal living room, separate dining area, functional kitchen and charming original details. Outside, the property features an inground concrete pool, extensive hardscaping, mature landscaping, a double-car garage and a distinctive Marley tile roof. Steps to Garnetwood Park, walking trails and excellent schools, with convenient access to shopping, highways and Toronto. A rare opportunity to own a spacious, versatile home in sought-after Applewood.

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$1,099,999 - 3500 Silverplains Drive, Mississauga

Detached for Sale in Mississauga

New — Listed 2 days ago

Neighbourhood: Applewood

5Beds
3Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
W13860902
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Taxes (2025)
$7,785
Listing Brokerage
CENTURY 21 PERCY FULTON LTD.
Description

Welcome to 3500 Silverplains Drive, a distinctive Applewood home set on a spacious corner lot in one of Mississauga's most established communities. This well-maintained home offers 3 bedrooms, multiple living areas and an impressive 250+ sq. ft. lower-level flex space with above-grade windows and a fireplace. Currently styled as an additional sleeping area, this expansive room offers exceptional versatility for guests, a home office, media room, playroom or private family space. Enjoy hardwood flooring, a bright formal living room, separate dining area, functional kitchen and charming original details. Outside, the property features an inground concrete pool, extensive hardscaping, mature landscaping, a double-car garage and a distinctive Marley tile roof. Steps to Garnetwood Park, walking trails and excellent schools, with convenient access to shopping, highways and Toronto. A rare opportunity to own a spacious, versatile home in sought-after Applewood.

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Estimated Payment

$4,865.67/mo

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5-yr fixed avg.

Principal: $879,999Interest: $579,701
Mortgage Amount$879,999
Total Interest$579,701
Est. Property Tax$779/mo
Total Cost$1,459,700

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)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$779
Insurance (est.)-$229
Net Cash Flow+$2,592

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 $733/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.

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 | $1,099,999 | Battaglia Team