7089 Second Line, Mississauga

Price: $3,150,000

5 bedrooms, 6 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W13144124

Beautiful custom-built executive home in Old Meadowvale Village, set on a rare 109' x 139' lot and move-in ready. Designed by David Small of Oakville, this 4+1 bedroom, 6-bath residence offers 3,775 sq ft above grade plus 2,000 sq ft of finished lower level, with high-end finishes throughout. The main floor features a chef's kitchen with island seating, a dramatic great room with a two-storey cathedral ceiling, elegant dining room, private office, and multiple walkouts to the covered deck and resort-style backyard. Outside, enjoy a saltwater pool, waterfall, cabana, mature landscaping, and a large covered deck with outdoor fireplace and BBQ rough-in. The lower level includes a cinema room, games room, family room, and bowling alley rough-in, while smart-home automation, radiant heat, and a detached two-door garage complete the package. Close to GO Transit, Pearson Airport, Heartland, and top schools, this is one of Mississauga's finest luxury homes.

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$3,150,000 - 7089 Second Line, Mississauga

Detached for Sale in Mississauga

49 days on market

Neighbourhood: Meadowvale Village

5Beds
6Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W13144124
Property Type
Detached
Status
active
Days on Site
49
Bedrooms
5
Bathrooms
6
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Beautiful custom-built executive home in Old Meadowvale Village, set on a rare 109' x 139' lot and move-in ready. Designed by David Small of Oakville, this 4+1 bedroom, 6-bath residence offers 3,775 sq ft above grade plus 2,000 sq ft of finished lower level, with high-end finishes throughout. The main floor features a chef's kitchen with island seating, a dramatic great room with a two-storey cathedral ceiling, elegant dining room, private office, and multiple walkouts to the covered deck and resort-style backyard. Outside, enjoy a saltwater pool, waterfall, cabana, mature landscaping, and a large covered deck with outdoor fireplace and BBQ rough-in. The lower level includes a cinema room, games room, family room, and bowling alley rough-in, while smart-home automation, radiant heat, and a detached two-door garage complete the package. Close to GO Transit, Pearson Airport, Heartland, and top schools, this is one of Mississauga's finest luxury homes.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$13,933.51/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $2,520,000Interest: $1,660,054
Mortgage Amount$2,520,000
Total Interest$1,660,054
Est. Property Tax$2,231/mo
Total Cost$4,180,054

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: Meadowvale Village

Discover Meadowvale Village

Meadowvale Village 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 Meadowvale Village

  • 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

Meadowvale Village 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

7089 Second Line, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$2,231
Insurance (est.)-$656
Net Cash Flow+$1,563

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 $900/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.

Negotiation Opportunity

At 49 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.

Larger Home Realities

At 3,500 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 6 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.

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    7089 Second Line, Mississauga | $3,150,000 | Battaglia Team