88 Central Parkway, Mississauga

Price: $949,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W13831072

Highly Coveted Larger Raised Bungalow Model in Prime Fairview!!! Great Affordable Starter or Investment Opportunity! Ideal for a Large or Multi-Generational Family, Investor, or Buyer Looking for Flexible Living Arrangements with Income Potential. Three Separate Entrances Offer Excellent Functionality for Multi-Family Living, Live-In/Rent Potential, or use as a Spacious Single-Family Home. Fully Above-Ground Legal Basement Apartment with Direct Ground Level Walk/Out to Massively Long Backyard Ideal for Large Family BBQs and Entertainment. Features Newer Carpeting and Offers Excellent Additional Living Space and/or Rental Potential. Both Upper and Lower Level have own Designated Laundry. Main Floor Tenant is Willing to Remain, Providing Potential Immediate Rental Income for the New Owner. Situated on a Large 155.56 ft Deep Lot with Fully Fenced Yard, Perfect for Family Gatherings and Outdoor Enjoyment. Conveniently located within walking distance to schools, just minutes to Square One, Celebration Square, YMCA, Kariya Park, Sheridan College, Parks, Recreation Facilities, Restaurants, Shopping, Transit, Major Highways and all Amenities.

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active
New Listing

$949,900 - 88 Central Parkway, Mississauga

Semi-Detached for Sale in Mississauga

New — Listed 4 days ago

Neighbourhood: Fairview

4Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached

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Property Details
MLS Number
W13831072
Property Type
Semi-Detached
Status
active
Days on Site
4
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
ROYAL LEPAGE TERREQUITY REALTY
Description

Highly Coveted Larger Raised Bungalow Model in Prime Fairview!!! Great Affordable Starter or Investment Opportunity! Ideal for a Large or Multi-Generational Family, Investor, or Buyer Looking for Flexible Living Arrangements with Income Potential. Three Separate Entrances Offer Excellent Functionality for Multi-Family Living, Live-In/Rent Potential, or use as a Spacious Single-Family Home. Fully Above-Ground Legal Basement Apartment with Direct Ground Level Walk/Out to Massively Long Backyard Ideal for Large Family BBQs and Entertainment. Features Newer Carpeting and Offers Excellent Additional Living Space and/or Rental Potential. Both Upper and Lower Level have own Designated Laundry. Main Floor Tenant is Willing to Remain, Providing Potential Immediate Rental Income for the New Owner. Situated on a Large 155.56 ft Deep Lot with Fully Fenced Yard, Perfect for Family Gatherings and Outdoor Enjoyment. Conveniently located within walking distance to schools, just minutes to Square One, Celebration Square, YMCA, Kariya Park, Sheridan College, Parks, Recreation Facilities, Restaurants, Shopping, Transit, Major Highways and all Amenities.

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Estimated Payment

$4,873.48/mo

Includes CMHC insurance ($26,502)

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5-yr fixed avg.

Principal: $854,910Interest: $580,632
Mortgage Amount$881,412
Total Interest$580,632
Est. Property Tax$673/mo
Total Cost$1,462,044

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: Fairview

Discover Fairview

Fairview 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 Fairview

  • •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

Fairview 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

88 Central Parkway, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$673
Insurance (est.)-$198
Net Cash Flow+$2,329

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 $864/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 Fairview

I know Fairview 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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    88 Central Parkway, Mississauga | $949,900 | Battaglia Team