5849 Chorley Place, Mississauga

Price: $1,158,000

5 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13238084

See Virtual Tour. Welcome To This Beautifully Maintained Home In The Highly Sought-After Erin Mills Community. Situated On A Premium Corner Lot With Sunny South-Facing Backyard Exposure And Exceptional Privacy. This Home Features Parking For Up to 7 Vehicles, Freshly Painted Throughout, Main Floor Laundry, Hardwood Floors, Upgraded Bathrooms And Spacious Principal Rooms. The Professionally Finished Basement Offers 2 Additional Bedrooms, While The Second-Floor Family Room With Fireplace Could Be Easily Be Converted Into A 4th Bedroom. Located Within One Of Mississauga's Most Prestigious School Districts, Including John Fraser Secondary School, St. Aloysius Gonzaga Secondary School And Thomas Street Middle. Conveniently Close To Shopping, Park, Public Transit Highways 403 & 401 And All Major Amenities. A Wonderful Opportunity For Families Seeking Space, Comfort And An Exceptional Location.

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$1,158,000 - 5849 Chorley Place, Mississauga

Detached for Sale in Mississauga

33 days on market

Neighbourhood: Central Erin Mills

5Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W13238084
Property Type
Detached
Status
active
Days on Site
33
Bedrooms
5
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
REAL ONE REALTY INC.
Description

See Virtual Tour. Welcome To This Beautifully Maintained Home In The Highly Sought-After Erin Mills Community. Situated On A Premium Corner Lot With Sunny South-Facing Backyard Exposure And Exceptional Privacy. This Home Features Parking For Up to 7 Vehicles, Freshly Painted Throughout, Main Floor Laundry, Hardwood Floors, Upgraded Bathrooms And Spacious Principal Rooms. The Professionally Finished Basement Offers 2 Additional Bedrooms, While The Second-Floor Family Room With Fireplace Could Be Easily Be Converted Into A 4th Bedroom. Located Within One Of Mississauga's Most Prestigious School Districts, Including John Fraser Secondary School, St. Aloysius Gonzaga Secondary School And Thomas Street Middle. Conveniently Close To Shopping, Park, Public Transit Highways 403 & 401 And All Major Amenities. A Wonderful Opportunity For Families Seeking Space, Comfort And An Exceptional Location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,122.22/mo

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5%20%50%

5-yr fixed avg.

Principal: $926,400Interest: $610,267
Mortgage Amount$926,400
Total Interest$610,267
Est. Property Tax$820/mo
Total Cost$1,536,667

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

5849 Chorley Place, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$820
Insurance (est.)-$241
Net Cash Flow+$2,539

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 $772/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 33 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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    5849 Chorley Place, Mississauga | $1,158,000 | Battaglia Team