625 Sir Richards Road, Mississauga

Price: $2,149,850

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13199878

Tucked Within The Mature, Tree-Lined Streets Of One Of Mississauga's Most Established, Upscale And Sought-After Communities. 625 Sir Richards Road Is A Beautifully Appointed, Fully Renovated California Ranch-Style Bungalow Offering 3+1 Bedrooms And 3 Baths, Blending Warmth, Character, And Effortless Family Living. Set Among Multimillion-Dollar Residences And Introduced By A Stately Circular Driveway, The Home's Timeless Curb Appeal Is Immediately Apparent. A Full Three-Car Attached Garage, Built-In Front And Rear Irrigation, And Thoughtfully Designed Outdoor Spaces Complete A Property That Is As Practical As It Is Refined. Approx 3,614 Square Feet Of Living Space Unfolds Across Two Levels, Featuring An Open Concept Layout, A Walk-Out Lower Level That Adds Meaningful Volume And Flexibility To The Home. Expansive Principal Rooms, Oak Hardwood Flooring Throughout The Main Level, And A Seamless Connection Between Indoors And Out Define The Interior Experience. Three Wood-Burning Fireplaces - Each Anchored By A Striking Ledgestone Hearth - Add Warmth And Character Across Both Levels, While Wall-To-Wall, Floor-To-Ceiling Windows And Multiple Walkouts Ensure Natural Light And The Surrounding Landscape Are Always Present. Residents Enjoy Close Proximity To The Riverwood Conservancy, Scenic Credit River Trails, Golf Courses, Shopping, And Community Amenities, With Convenient Access To The 403, 407, And Qew. Go Transit And Mi Way Routes Connect Easily Throughout The GTA, And The Nearby University Of Toronto Mississauga Campus Adds To The Area's Strong Sense Of Vibrancy. For Families Who Value Privacy, Excellent Schools, And The Balance Of Peaceful Surroundings With Urban Convenience, This Is A Neighbourhood That Consistently Delivers.

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$2,149,850 - 625 Sir Richards Road, Mississauga

Detached for Sale in Mississauga

41 days on market

Neighbourhood: Erindale

4Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W13199878
Property Type
Detached
Status
active
Days on Site
41
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX REALTY ENTERPRISES INC.
Description

Tucked Within The Mature, Tree-Lined Streets Of One Of Mississauga's Most Established, Upscale And Sought-After Communities. 625 Sir Richards Road Is A Beautifully Appointed, Fully Renovated California Ranch-Style Bungalow Offering 3+1 Bedrooms And 3 Baths, Blending Warmth, Character, And Effortless Family Living. Set Among Multimillion-Dollar Residences And Introduced By A Stately Circular Driveway, The Home's Timeless Curb Appeal Is Immediately Apparent. A Full Three-Car Attached Garage, Built-In Front And Rear Irrigation, And Thoughtfully Designed Outdoor Spaces Complete A Property That Is As Practical As It Is Refined. Approx 3,614 Square Feet Of Living Space Unfolds Across Two Levels, Featuring An Open Concept Layout, A Walk-Out Lower Level That Adds Meaningful Volume And Flexibility To The Home. Expansive Principal Rooms, Oak Hardwood Flooring Throughout The Main Level, And A Seamless Connection Between Indoors And Out Define The Interior Experience. Three Wood-Burning Fireplaces - Each Anchored By A Striking Ledgestone Hearth - Add Warmth And Character Across Both Levels, While Wall-To-Wall, Floor-To-Ceiling Windows And Multiple Walkouts Ensure Natural Light And The Surrounding Landscape Are Always Present. Residents Enjoy Close Proximity To The Riverwood Conservancy, Scenic Credit River Trails, Golf Courses, Shopping, And Community Amenities, With Convenient Access To The 403, 407, And Qew. Go Transit And Mi Way Routes Connect Easily Throughout The GTA, And The Nearby University Of Toronto Mississauga Campus Adds To The Area's Strong Sense Of Vibrancy. For Families Who Value Privacy, Excellent Schools, And The Balance Of Peaceful Surroundings With Urban Convenience, This Is A Neighbourhood That Consistently Delivers.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$9,509.51/mo

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5-yr fixed avg.

Principal: $1,719,880Interest: $1,132,974
Mortgage Amount$1,719,880
Total Interest$1,132,974
Est. Property Tax$1,523/mo
Total Cost$2,852,854

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: Erindale

Nature and University Town Living

Erindale is a mature neighbourhood centered around the University of Toronto Mississauga campus and the scenic Credit River valley. The area offers a unique combination of natural beauty, academic culture, and established residential streets. Erindale Park, one of Mississauga's largest and most beautiful parks, anchors the community.

Why Live in Erindale

  • Adjacent to UTM campus
  • Credit River valley and trails
  • Erindale Park - one of Mississauga's finest
  • Mature trees and established streets
  • Strong rental market near university

Nearby Schools

Erindale Secondary SchoolPublic High School
University of Toronto MississaugaUniversity
Credit Woodlands Secondary SchoolPublic High School
Erindale Public SchoolPublic Elementary

Transit & Commuting

  • MiWay Route 110 to UTM
  • Easy access to Highway 403
  • Erindale GO Station (planned)
  • 25-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Erindale Park
  • Credit River trails
  • Erindale Community Centre
  • UTM campus amenities
  • Riverwood Conservancy (nearby)

Lifestyle & Community

Erindale combines the serenity of nature with the vibrancy of a university community. Residents enjoy beautiful parks, academic culture, and a diverse, welcoming atmosphere.

48
Walk Score
$650K - $1.3M
Price Range

625 Sir Richards Road, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$1,523
Insurance (est.)-$448
Net Cash Flow+$1,329

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

Fair Market Value

At $1075/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 41 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

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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    625 Sir Richards Road, Mississauga | $2,149,850 | Battaglia Team