$3,500/mo - 3538 Bannerhill Avenue, Mississauga
Detached for Rent in Mississauga
Popular ListingNeighbourhood: Applewood
- MLS Number
- W13490150
- Property Type
- Detached
- Status
- active
- Days on Site
- 12
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- HOMELIFE FRONTIER REALTY INC.
Move in- August 15th. No pets please. Exceptional 4-bedroom detached home offering a finished basement, stunning curb appeal, and a remarkable backyard oasis with mature landscaping and gardens. Gleaming strip oak hardwood flooring adds warmth and character throughout. Ideally situated within walking distance to schools, parks, and community amenities, making it a perfect choice for growing families. The legal rent is $3,775.51/month, a 2% discount is available for timely rent payments. Additionally, tenants who agree to handle lawn care and snow removal will receive a $200 monthly rebate. With both discount and rebate applied, the effective rent is reduced to the asking price $3,500/month.
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
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.
3538 Bannerhill Avenue, Mississauga
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $3,500/mo, this is priced below the typical 4-bedroom rent of ~$4,200/mo in Mississauga. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
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.
About Applewood
I know Applewood 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.