4345 ROMFIELD Crescent, Mississauga

Price: $1,399,000

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13544692

Location, Location, Location! Welcome to this beautifully maintained detached family home in the heart of highly sought-after Central Erin Mills, one of Mississauga's most desirable communities. Ideally situated near Glen Erin Dr. and Credit Valley Rd., this exceptional residence offers a total of 3,500 of total living space, the perfect blend of space, comfort, and functionality across 2 well-designed levels plus a finished basement, making it an outstanding opportunity for families and discerning buyers alike.This spacious home features 3+2 generously sized bedrooms, 4 bathrooms, and a thoughtfully designed layout ideal for both everyday living and entertaining. The main level offers a bright and inviting open-concept feel with a formal dining room, a welcoming living room with a fireplace, and a walkout to a beautifully landscaped, fully fenced backyard. The modern kitchen is equipped with a centre island, ample cabinetry, and practical finishes designed for both style and everyday function, as well as the kitchen floors can be heated and cooled on demand for added comfort.The home also offers spacious principal rooms, an oversized laundry room, a built-in bar, and abundant storage throughout. Approximately $80,000 in renovations have been invested into this beautiful property, further enhancing both its comfort and appeal. The finished lower level adds exceptional versatility and functionality, offering excellent potential for extended family living, guest space, a home office, gym, or future customization to suit your needs with the option for a separate entrance basement.The spacious primary retreat is complemented by a spa-inspired ensuite featuring an upgraded shower system with rain shower, massage settings, and a spa-style shower head, creating a relaxing and luxurious escape within the home. A secondary washroom features a jacuzzi tub, while the living room is enhanced by a surround sound system, adding to the home's comfort and entertainment value.

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$1,399,000 - 4345 ROMFIELD Crescent, Mississauga

Detached for Sale in Mississauga

Neighbourhood: Central Erin Mills

5Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W13544692
Property Type
Detached
Status
active
Days on Site
16
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
RIGHT AT HOME REALTY
Description

Location, Location, Location! Welcome to this beautifully maintained detached family home in the heart of highly sought-after Central Erin Mills, one of Mississauga's most desirable communities. Ideally situated near Glen Erin Dr. and Credit Valley Rd., this exceptional residence offers a total of 3,500 of total living space, the perfect blend of space, comfort, and functionality across 2 well-designed levels plus a finished basement, making it an outstanding opportunity for families and discerning buyers alike.This spacious home features 3+2 generously sized bedrooms, 4 bathrooms, and a thoughtfully designed layout ideal for both everyday living and entertaining. The main level offers a bright and inviting open-concept feel with a formal dining room, a welcoming living room with a fireplace, and a walkout to a beautifully landscaped, fully fenced backyard. The modern kitchen is equipped with a centre island, ample cabinetry, and practical finishes designed for both style and everyday function, as well as the kitchen floors can be heated and cooled on demand for added comfort.The home also offers spacious principal rooms, an oversized laundry room, a built-in bar, and abundant storage throughout. Approximately $80,000 in renovations have been invested into this beautiful property, further enhancing both its comfort and appeal. The finished lower level adds exceptional versatility and functionality, offering excellent potential for extended family living, guest space, a home office, gym, or future customization to suit your needs with the option for a separate entrance basement.The spacious primary retreat is complemented by a spa-inspired ensuite featuring an upgraded shower system with rain shower, massage settings, and a spa-style shower head, creating a relaxing and luxurious escape within the home. A secondary washroom features a jacuzzi tub, while the living room is enhanced by a surround sound system, adding to the home's comfort and entertainment value.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,188.25/mo

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5-yr fixed avg.

Principal: $1,119,200Interest: $737,275
Mortgage Amount$1,119,200
Total Interest$737,275
Est. Property Tax$991/mo
Total Cost$1,856,475

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: Central Erin Mills

Discover Central Erin Mills

Central Erin Mills is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Central Erin Mills

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Central Erin Mills offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

4345 ROMFIELD Crescent, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$991
Insurance (est.)-$291
Net Cash Flow+$2,418

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 $700/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 16 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 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 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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    4345 ROMFIELD Crescent, Mississauga | $1,399,000 | Battaglia Team