7305 Redstone Road, Mississauga

Price: $1,199,000

5 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13546628

RARE 70 X 121 FT LOT ON ONE OF MALTON'S MOST PRESTIGIOUS STREETS! A Fantastic Opportunity For End-Users, Investors & Builders Alike! This Detached Raised Bungalow Offers 3+2 Bedrooms, A Finished Basement Apartment & Endless Future Potential. Move In & Enjoy, Generate Rental Income, Renovate, Or Build Your Custom Dream Home Surrounded By Multi-Million-Dollar Residences. Bright & Spacious Layout With Plenty Of Natural Light. Beautifully Maintained Backyard-Perfect For Summer Gatherings With Family & Friends. Ideally Located Minutes From Schools, Parks, Shopping, Public Transit, Malton GO Station, Pearson International Airport & Major Highways. Live In It Today, Invest For Tomorrow, Or Build Your Million-Dollar Dream Home!

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$1,199,000 - 7305 Redstone Road, Mississauga

Detached for Sale in Mississauga

45 days on market

Neighbourhood: Malton

5Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W13546628
Property Type
Detached
Status
active
Days on Site
45
Bedrooms
5
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX GOLD REALTY INC.
Description

RARE 70 X 121 FT LOT ON ONE OF MALTON'S MOST PRESTIGIOUS STREETS! A Fantastic Opportunity For End-Users, Investors & Builders Alike! This Detached Raised Bungalow Offers 3+2 Bedrooms, A Finished Basement Apartment & Endless Future Potential. Move In & Enjoy, Generate Rental Income, Renovate, Or Build Your Custom Dream Home Surrounded By Multi-Million-Dollar Residences. Bright & Spacious Layout With Plenty Of Natural Light. Beautifully Maintained Backyard-Perfect For Summer Gatherings With Family & Friends. Ideally Located Minutes From Schools, Parks, Shopping, Public Transit, Malton GO Station, Pearson International Airport & Major Highways. Live In It Today, Invest For Tomorrow, Or Build Your Million-Dollar Dream Home!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,303.58/mo

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5%20%50%

5-yr fixed avg.

Principal: $959,200Interest: $631,874
Mortgage Amount$959,200
Total Interest$631,874
Est. Property Tax$849/mo
Total Cost$1,591,074

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: Malton

Discover Malton

Malton 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 Malton

  • 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

Malton 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

7305 Redstone Road, 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)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$849
Insurance (est.)-$250
Net Cash Flow+$2,501

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 $1090/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 45 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.

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.

About Malton

I know Malton well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    7305 Redstone Road, Mississauga | $1,199,000 | Battaglia Team