987 Sierra Boulevard, Mississauga

Price: $1,259,800

5 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13417914

This sundrenched, renovated, upgraded and meticulously maintained 4-bedroom 3-bath gem, with distinctive curb appeal, is situated on a 47.24ft. x 149.21ft. pool sized pie lot on a quiet family tree-linedstreet in the demand Applewood district. With over 2100 Sq Ft. of living space, special features include a "Vassa" stone coated metal roof (2019),a 21ft x 11ft rooftop terrace with glass railings, a basement inlaw or income suite, granite counters,stainless steel appliances, upgraded cabinetry, wood floors, and much more. This home is a must see.Don't miss out!

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$1,259,800 - 987 Sierra Boulevard, Mississauga

Detached for Sale in Mississauga

Neighbourhood: Applewood

5Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W13417914
Property Type
Detached
Status
active
Days on Site
28
Bedrooms
5
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

This sundrenched, renovated, upgraded and meticulously maintained 4-bedroom 3-bath gem, with distinctive curb appeal, is situated on a 47.24ft. x 149.21ft. pool sized pie lot on a quiet family tree-linedstreet in the demand Applewood district. With over 2100 Sq Ft. of living space, special features include a "Vassa" stone coated metal roof (2019),a 21ft x 11ft rooftop terrace with glass railings, a basement inlaw or income suite, granite counters,stainless steel appliances, upgraded cabinetry, wood floors, and much more. This home is a must see.Don't miss out!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,572.52/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $1,007,840Interest: $663,916
Mortgage Amount$1,007,840
Total Interest$663,916
Est. Property Tax$892/mo
Total Cost$1,671,756

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: Applewood

Established Character and Convenience

Applewood is one of Mississauga's earliest suburbs, known for its mid-century homes, mature landscaping, and convenient central location. The neighbourhood offers excellent value with proximity to shopping, transit, and major employers. Applewood has maintained its character while benefiting from ongoing renovations and updates.

Why Live in Applewood

  • Central location with excellent access
  • Mature trees and established gardens
  • Strong community identity
  • Close to Dixie and Bloor shopping
  • Good value for the location

Nearby Schools

Applewood Heights Secondary SchoolPublic High School
Father Michael Goetz CSSCatholic High School
Applewood Public SchoolPublic Elementary
St. Alfred Catholic SchoolCatholic Elementary

Transit & Commuting

  • Multiple MiWay bus routes
  • Dixie GO Station nearby
  • Easy access to Highway 401 and QEW
  • 10-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Applewood Hills Park
  • Burnhamthorpe Community Centre (nearby)
  • Dixie Outlet Mall
  • Local shopping plazas
  • Community library

Lifestyle & Community

Applewood offers practical, comfortable living with excellent connectivity. The neighbourhood appeals to those seeking value in a central location with good transit access.

65
Walk Score
$600K - $1.2M
Price Range

987 Sierra Boulevard, 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)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$892
Insurance (est.)-$262
Net Cash Flow+$2,446

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

Premium Pricing

At $1145/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 28 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.

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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    987 Sierra Boulevard, Mississauga | $1,259,800 | Battaglia Team