3668 Colonial Drive, Mississauga

Price: $1,178,800

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13873418

Gorgeous detached with double car garage located on large private lot in desirable Erin Mills!! This home features 3 bedrooms, 3.1 baths & partially finished basement ready for your final touches! The main level with hardwood floor throughout has Living/Dining Room, Kitchen & cozy Family Room with woodburning fireplace & walk out to oversized backyard. The modern Kitchen comes complete with good quality appliances, pot lights. Convenient main floor laundry/mud room with direct access to double car garage. A 2 pc powder room completes the main floor. The upper level features 3 generous sized bedrooms, with the primary Bedroom offering a walk-in closet & luxurious 5-piece ensuite with double sink. All 3 bedrooms have been recently renovated. The partially finished lower level includes a recently added 3pc bath & is framed ready for your personal choices. The double car garage & private double drive offers parking for 4 cars.Minutes to Shopping Malls, Costco, Restaurants, Schools, Parks/Playground, Community Centre, Public Transit. Easy access to QEW & 403.

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active
New Listing

$1,178,800 - 3668 Colonial Drive, Mississauga

Detached for Sale in Mississauga

New — Listed today

Neighbourhood: Erin Mills

3Beds
4Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
W13873418
Property Type
Detached
Status
active
Days on Site
0
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Taxes (2026)
$6,756
Listing Brokerage
RE/MAX ABOUTOWNE REALTY CORP.
Description

Gorgeous detached with double car garage located on large private lot in desirable Erin Mills!! This home features 3 bedrooms, 3.1 baths & partially finished basement ready for your final touches! The main level with hardwood floor throughout has Living/Dining Room, Kitchen & cozy Family Room with woodburning fireplace & walk out to oversized backyard. The modern Kitchen comes complete with good quality appliances, pot lights. Convenient main floor laundry/mud room with direct access to double car garage. A 2 pc powder room completes the main floor. The upper level features 3 generous sized bedrooms, with the primary Bedroom offering a walk-in closet & luxurious 5-piece ensuite with double sink. All 3 bedrooms have been recently renovated. The partially finished lower level includes a recently added 3pc bath & is framed ready for your personal choices. The double car garage & private double drive offers parking for 4 cars.Minutes to Shopping Malls, Costco, Restaurants, Schools, Parks/Playground, Community Centre, Public Transit. Easy access to QEW & 403.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,214.23/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $943,040Interest: $621,229
Mortgage Amount$943,040
Total Interest$621,229
Est. Property Tax$835/mo
Total Cost$1,564,269

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: Erin Mills

Master-Planned Excellence

Erin Mills is one of Mississauga's most successful master-planned communities, developed by the Cadillac Fairview Corporation starting in the 1970s. The neighbourhood is renowned for its excellent schools, abundant green spaces, and well-designed street layouts. Erin Mills offers a complete suburban lifestyle with top-tier amenities, making it one of the most sought-after areas in the GTA.

Why Live in Erin Mills

  • •Award-winning master-planned community
  • •Excellent schools including top-ranked John Fraser SS
  • •Erin Mills Town Centre shopping
  • •Extensive parks and trail systems
  • •Mix of housing from condos to executive homes

Nearby Schools

John Fraser Secondary SchoolPublic High School
St. Aloysius Gonzaga Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School
Sawmill Valley Public SchoolPublic Elementary

Transit & Commuting

  • •Erin Mills Transitway
  • •MiWay bus network
  • •Highway 403 access
  • •Close to Highway 401 and 407

Parks & Amenities

  • •Erin Mills Town Centre
  • •Credit Valley Conservation Areas
  • •Erin Meadows Community Centre
  • •Multiple golf courses nearby
  • •Extensive trail systems

Lifestyle & Community

Erin Mills epitomizes successful suburban planning. Residents enjoy excellent schools, convenient shopping at Erin Mills Town Centre, and beautiful natural areas. The community attracts families seeking top-tier education and a safe, well-maintained environment.

58
Walk Score
$750K - $2M
Price Range

3668 Colonial Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$835
Insurance (est.)-$246
Net Cash Flow+$1,719

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 $786/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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 4 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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    3668 Colonial Drive, Mississauga | $1,178,800 | Battaglia Team