3937 Stoneham Way, Mississauga

Price: $847,000

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W13643062

Meticulously kept semi-detached home on a quiet, family-friendly road in the highly sought-after Lisgar community. This beautifully updated property features hardwood floors, open-concept living and dining, granite counters, smooth ceilings, LED pot lights, reverse-osmosis water system, and convenient garage access. Driveway offers true side-by-side parking for two cars. The large primary bedroom includes an updated semi-ensuite and a spacious walk-in closet. Walk-out from the kitchen to a fantastic deck with a private hot-tub enclosure and a mature, serene backyard-perfect for relaxing or entertaining. The professionally finished basement offers a cozy recreation area with a small kitchenette, a modern 3-piece bathroom, pot lights, cold cellar, and a dedicated laundry room. A well-maintained home in a fabulous location, close to parks, schools, shopping, and transit-ideal for families and commuters alike.

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$847,000 - 3937 Stoneham Way, Mississauga

Semi-Detached for Sale in Mississauga

Neighbourhood: Lisgar

3Beds
3Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W13643062
Property Type
Semi-Detached
Status
active
Days on Site
18
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
LUXE DREAM HOME REALTY LTD.
Description

Meticulously kept semi-detached home on a quiet, family-friendly road in the highly sought-after Lisgar community. This beautifully updated property features hardwood floors, open-concept living and dining, granite counters, smooth ceilings, LED pot lights, reverse-osmosis water system, and convenient garage access. Driveway offers true side-by-side parking for two cars. The large primary bedroom includes an updated semi-ensuite and a spacious walk-in closet. Walk-out from the kitchen to a fantastic deck with a private hot-tub enclosure and a mature, serene backyard-perfect for relaxing or entertaining. The professionally finished basement offers a cozy recreation area with a small kitchenette, a modern 3-piece bathroom, pot lights, cold cellar, and a dedicated laundry room. A well-maintained home in a fabulous location, close to parks, schools, shopping, and transit-ideal for families and commuters alike.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,345.55/mo

Includes CMHC insurance ($23,631)

$
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5%10%50%

5-yr fixed avg.

Principal: $762,300Interest: $517,733
Mortgage Amount$785,931
Total Interest$517,733
Est. Property Tax$600/mo
Total Cost$1,303,665

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: Lisgar

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

Lisgar Middle SchoolPublic Middle School
Meadowvale Secondary SchoolPublic High School
St. Joan of Arc CSSCatholic High School
Lisgar Public SchoolPublic Elementary

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.

42
Walk Score
$800K - $1.5M
Price Range

3937 Stoneham Way, 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)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$600
Insurance (est.)-$176
Net Cash Flow+$2,024

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 $770/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 18 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.

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 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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    3937 Stoneham Way, Mississauga | $847,000 | Battaglia Team