3518 The Credit Woodlands N/A, Mississauga

Price: $999,000

5 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13667482

Beautiful Brick Bungalow nestled in Erindale, one of Mississauga's most desirable, established and family-friendly neighborhoods. Nicely maintained and exceptionally well cared-for. Large bright inviting living room open to dining room with bay windows, hardwood floors, crown molding. Renovated eat-in kitchen. Updated bathroom. 3 bedrooms with laminate floors and closets. The third bedroom features a sliding door to a three season sunroom. A separate entrance leads to the mostly finished basement, which was previously used as a basement apartment. There is a kitchen, nice renovated 3pc bathroom with a walk-in shower, and a large bright great room, plus two bedrooms. The basement has several oversized egress windows. Outside... lush mature trees lend privacy to a large backyard. The backyard is fully fenced + a separate fenced garden for growing vegetables + an Oversized Gardener's Shed. Large Pie-Shaped lot : 47 x 159 foot lot which pies out to 62 ft across the back ( east side is 147 ft ). The garage features a garage door opener & remote, handy mezzanine for storage + a walkout to a bonus atrium style workshop. Huge driveway fits 6 cars plus+. Excellent mechanical condition...High efficiency gas furnace & A/C in 2013, Vinyl Windows, Roof shingles approx 10yrs, updated Soffits & Fascia, updated garage door, updated front door. Great location close to good schools, places of worship, GO Train station, bus stop nearby, shopping, Credit River & Erindale Park, QEW, 407, 403. Fantastic value and huge opportunity !

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$999,000 - 3518 The Credit Woodlands N/A, Mississauga

Detached for Sale in Mississauga

Popular Listing

Neighbourhood: Erindale

5Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W13667482
Property Type
Detached
Status
active
Days on Site
11
Bedrooms
5
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Beautiful Brick Bungalow nestled in Erindale, one of Mississauga's most desirable, established and family-friendly neighborhoods. Nicely maintained and exceptionally well cared-for. Large bright inviting living room open to dining room with bay windows, hardwood floors, crown molding. Renovated eat-in kitchen. Updated bathroom. 3 bedrooms with laminate floors and closets. The third bedroom features a sliding door to a three season sunroom. A separate entrance leads to the mostly finished basement, which was previously used as a basement apartment. There is a kitchen, nice renovated 3pc bathroom with a walk-in shower, and a large bright great room, plus two bedrooms. The basement has several oversized egress windows. Outside... lush mature trees lend privacy to a large backyard. The backyard is fully fenced + a separate fenced garden for growing vegetables + an Oversized Gardener's Shed. Large Pie-Shaped lot : 47 x 159 foot lot which pies out to 62 ft across the back ( east side is 147 ft ). The garage features a garage door opener & remote, handy mezzanine for storage + a walkout to a bonus atrium style workshop. Huge driveway fits 6 cars plus+. Excellent mechanical condition...High efficiency gas furnace & A/C in 2013, Vinyl Windows, Roof shingles approx 10yrs, updated Soffits & Fascia, updated garage door, updated front door. Great location close to good schools, places of worship, GO Train station, bus stop nearby, shopping, Credit River & Erindale Park, QEW, 407, 403. Fantastic value and huge opportunity !

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,125.39/mo

Includes CMHC insurance ($27,872)

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5%10%50%

5-yr fixed avg.

Principal: $899,100Interest: $610,644
Mortgage Amount$926,972
Total Interest$610,644
Est. Property Tax$708/mo
Total Cost$1,537,616

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: Erindale

Nature and University Town Living

Erindale is a mature neighbourhood centered around the University of Toronto Mississauga campus and the scenic Credit River valley. The area offers a unique combination of natural beauty, academic culture, and established residential streets. Erindale Park, one of Mississauga's largest and most beautiful parks, anchors the community.

Why Live in Erindale

  • Adjacent to UTM campus
  • Credit River valley and trails
  • Erindale Park - one of Mississauga's finest
  • Mature trees and established streets
  • Strong rental market near university

Nearby Schools

Erindale Secondary SchoolPublic High School
University of Toronto MississaugaUniversity
Credit Woodlands Secondary SchoolPublic High School
Erindale Public SchoolPublic Elementary

Transit & Commuting

  • MiWay Route 110 to UTM
  • Easy access to Highway 403
  • Erindale GO Station (planned)
  • 25-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Erindale Park
  • Credit River trails
  • Erindale Community Centre
  • UTM campus amenities
  • Riverwood Conservancy (nearby)

Lifestyle & Community

Erindale combines the serenity of nature with the vibrancy of a university community. Residents enjoy beautiful parks, academic culture, and a diverse, welcoming atmosphere.

48
Walk Score
$650K - $1.3M
Price Range

3518 The Credit Woodlands N/A, 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)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,684

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 $908/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.

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.

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 Erindale

I know Erindale 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.

Investment Perspective

Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    3518 The Credit Woodlands N/A, Mississauga | $999,000 | Battaglia Team