$1,649,000 - 5851 Cornell Crescent, Mississauga
Detached for Sale in Mississauga
40 days on marketNeighbourhood: Central Erin Mills
- MLS Number
- W13563004
- Property Type
- Detached
- Status
- active
- Days on Site
- 40
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Nestled on a quiet cul-de-sac in the highly sought-after John Fraser Public School district, this exceptional home presents a rare opportunity to own a premium pie-shaped lot that widens to 91 feet at the rear, creating an incredible backyard oasis rarely found today. Surrounded by mature trees and lush landscaping, the expansive yard offers an abundance of green space with endless possibilities. Whether you're hosting family gatherings, watching the kids play, or envisioning a future pool, this backyard delivers. With over $100,000 invested in professionally designed outdoor upgrades, you'll enjoy a spacious stone patio, a premium upgraded $25,000 hot tub, and a stunning screened-in gazebo complete with a wood-burning fireplace, creating the perfect space to entertain or unwind in every season. Offering approximately 4,688 sq. ft. of total finished living space, not including the attached garage, the thoughtfully designed interior features spacious principal rooms filled with natural light, creating an inviting atmosphere for both everyday living and entertaining. The kitchen overlooks the breakfast area and family room, while the formal living and dining rooms provide an elegant setting for holidays and special occasions.The upper level features four generously sized bedrooms, including a spacious primary retreat with a walk-in closet and private ensuite. The finished lower level expands the home's versatility with a large recreation room, fifth bedroom, dedicated office, and abundant storage, making it ideal for guests, a growing family, or multi-generational living.Lovingly maintained over the years, this home offers the perfect opportunity to move in and enjoy today while adding your own personal style over time. Combining a rare widening pie-shaped lot, exceptional outdoor living, generous interior space, and an unbeatable location close to top-rated schools, parks, shopping, transit, and major highways, this is a truly special offering that checks every box.
Estimate your monthly payments for this property
Estimated Payment
$7,294.08/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.
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
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.
5851 Cornell Crescent, 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 $550/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 40 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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.