$1,299,000 - 3906 Passway Road, Mississauga
Detached for Sale in Mississauga
Neighbourhood: Lisgar
- MLS Number
- W13635214
- Property Type
- Detached
- Status
- active
- Days on Site
- 19
- Bedrooms
- 7
- Bathrooms
- 6
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RE/MAX GOLD REALTY INC.
Welcome to this absolutely stunning, fully upgraded detached corner home in the highly sought-after Lisgar community! Featuring a bright open-concept layout with separate living and formal dining areas, this beautifully maintained home offers 4 spacious bedrooms and 3.5bathrooms on the upper level. The main floor boasts 9-ft ceilings, elegant hardwood flooring, quartz countertops, a stylish kitchen backsplash, and extensive top-to-bottom upgrades throughout. Freshly painted with modern finishes, this home is truly move-in ready. The basement offers excellent income potential with the potential for two separate units-one featuring 2 bedrooms and 1 bathroom, and the other offering 1 bedroom and 1 bathroom (buyer to verify compliance and approvals). Perfectly situated just minutes from Lisgar GO Station, Highways 401, 403 & 407, highly regarded schools, Meadowvale Town Centre, Lake Aquitaine Park, Osprey Marsh, Meadowvale Conservation Area, scenic walking trails, parks, and a wide range of everyday amenities. An exceptional opportunity for families, multi-generational living, or investors seeking a turnkey home in one of Mississauga's most desirable neighborhoods.
Estimate your monthly payments for this property
Estimated Payment
$5,745.92/mo
5-yr fixed avg.
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.
Modern Living in Nature's Embrace
Lisgar is a newer, master-planned community in northwest Mississauga, developed primarily in the 1990s and 2000s. The neighbourhood features modern homes, extensive parks, and excellent schools. Lisgar offers a suburban lifestyle with convenient access to highways and the new developments along the 401 corridor.
Why Live in Lisgar
- •Newer homes in modern designs
- •Extensive parks and green spaces
- •Top-rated schools
- •Highway 401 and 407 access
- •Growing retail and services
Nearby Schools
Transit & Commuting
- •MiWay bus connections
- •Close to Highway 401 and 407 ETR
- •Lisgar GO Station (proposed)
- •10-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Lisgar Park
- •Churchill Meadows Community Centre
- •Multiple sports fields and playgrounds
- •Retail plazas along Britannia Road
- •Proximity to outlet malls
Lifestyle & Community
Lisgar offers modern suburban living with excellent amenities. The neighbourhood is perfect for families seeking newer homes and easy highway access.
3906 Passway Road, Mississauga
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $650/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.
Market Position
At 19 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 7 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 6 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.