7 Merrydrew Court, Mississauga

Price: $825,000

5 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W12941074

Welcome to 7 Merrydrew Crt, Mississauga - a beautifully renovated home offering a modern, functional layout and stylish finishes throughout. The main living space features an updated kitchen with contemporary cabinetry, sleek countertops, and stainless steel appliances, seamlessly flowing into the living and dining areas - ideal for everyday living and entertaining.The second floor offers three well-sized bedrooms, while the finished basement includes two additional bedrooms, providing excellent flexibility for larger families, guests, home office use, or potential income opportunities. Recent upgrades include new flooring, updated lighting, refreshed bathrooms, and tasteful accent details that add character and warmth to the home.Situated on a quiet court in a family-friendly neighbourhood, close to schools, parks, shopping, transit, and major highways. A move-in-ready opportunity in a desirable Streetsville Mississauga location.

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$825,000 - 7 Merrydrew Court, Mississauga

Semi-Detached for Sale in Mississauga

98 days on market

Neighbourhood: Streetsville

5Beds
3Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W12941074
Property Type
Semi-Detached
Status
active
Days on Site
98
Bedrooms
5
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
GET HOME REALTY INC.
Description

Welcome to 7 Merrydrew Crt, Mississauga - a beautifully renovated home offering a modern, functional layout and stylish finishes throughout. The main living space features an updated kitchen with contemporary cabinetry, sleek countertops, and stainless steel appliances, seamlessly flowing into the living and dining areas - ideal for everyday living and entertaining.The second floor offers three well-sized bedrooms, while the finished basement includes two additional bedrooms, providing excellent flexibility for larger families, guests, home office use, or potential income opportunities. Recent upgrades include new flooring, updated lighting, refreshed bathrooms, and tasteful accent details that add character and warmth to the home.Situated on a quiet court in a family-friendly neighbourhood, close to schools, parks, shopping, transit, and major highways. A move-in-ready opportunity in a desirable Streetsville Mississauga location.

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Estimated Payment

$4,232.68/mo

Includes CMHC insurance ($23,018)

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5-yr fixed avg.

Principal: $742,500Interest: $504,286
Mortgage Amount$765,518
Total Interest$504,286
Est. Property Tax$584/mo
Total Cost$1,269,803

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: Streetsville

The Village in the City

Streetsville is one of Mississauga's most charming and historic neighbourhoods, known for its village-like atmosphere and vibrant main street. Originally a separate village founded in 1858, Streetsville has maintained its small-town character while benefiting from modern amenities. The area features tree-lined streets, heritage homes, and a strong sense of community pride.

Why Live in Streetsville

  • Historic main street with boutique shops and restaurants
  • Annual Bread and Honey Festival draws thousands of visitors
  • Mix of heritage homes and newer developments
  • Strong sense of community with active residents' association
  • Excellent schools and family-friendly environment

Nearby Schools

Streetsville Secondary SchoolPublic High School
St. Joseph Secondary SchoolCatholic High School
Queen of Heaven Catholic SchoolCatholic Elementary
Streetsville Public SchoolPublic Elementary

Transit & Commuting

  • MiWay bus routes along Queen Street
  • Close proximity to Highway 401 and 403
  • Streetsville GO Station for commuting to Toronto
  • 20-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Streetsville Village Square
  • Vic Johnston Community Centre
  • Credit River trails and parks
  • Local farmers' market (seasonal)
  • Historic Streetsville Cemetery

Lifestyle & Community

Streetsville offers a perfect blend of heritage charm and modern convenience. Residents enjoy walkable streets with local shops, cafes, and restaurants. The community is known for its family-friendly atmosphere, excellent schools, and active social calendar including festivals and community events.

72
Walk Score
$800K - $1.8M
Price Range

7 Merrydrew Court, 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)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$584
Insurance (est.)-$172
Net Cash Flow+$2,844

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 $750/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.

Negotiation Opportunity

At 98 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 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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    7 Merrydrew Court, Mississauga | $825,000 | Battaglia Team