1527 Princelea Place, Mississauga, ON

$1,499,000
MLS#:W12705044
9 beds
6 baths
3000-3500 sqft
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of East Credit. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 9 Bedrooms and 6 Bathrooms with 3 functional kitchens
  • Generous living space spanning 3000-3500 sqft on a premium 45.01 x 111.55 ft lot
  • Features a ["separate entrance", "apartment"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: In-Law Suite
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Exceptionally spacious and versatile 5-bedroom detached home with incredible income potential! This well maintained property features two self-contained basement units, each with 2 bedrooms, private entrances, and full kitchens-ideal for extended family, rental income, or mortgage support. Live comfortably in the main home while the basement units generate a significant portion of your mortgage payment. Perfect for investors or large families seeking flexibility and financial freedom. Located in a desirable neighborhood close to schools, transit, and amenities. Don't miss this rare opportunity to own a multi-income property in a prime location. This expansive and exceptionally spacious home offers the perfect blend of comfort, functionality, and income potential. Featuring 5 generously sized bedrooms, including two with private ensuites, the main residence is ideal for a large or growing family. The oversized kitchen provides ample room for cooking, gathering, and entertaining, while the beautiful family room with a wood-burning fireplace creates a warm and inviting space to relax. Adding tremendous value are two self-contained basement units, each offering 2 bedrooms, with separate shared laundry for downstairs tenants-perfect for extended family, guests, or rental opportunities. With abundant living space throughout and excellent income potential, this home is an outstanding option for a large family seeking comfort and flexibility, or for homeowners looking to offset expenses with additional rental income. Great for investors

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Key Features

Bedrooms
9
Bathrooms
6
Kitchens
3
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 12, 2026
Sold price information is available to members only
Listed Date1/15/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size45.01 × 111.55 Feet
CountyPeel
Annual Tax$8,850
Legal DescriptionPlan M642 Lot 6

Parking & Garage

Parking Spaces5.0
Garage Spaces3
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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1527 Princelea Place, Mississauga, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1527 Princelea Place, Mississauga, ON L5M 3N9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,199,200
Monthly Mortgage$6,968
Property Tax (Est.)$738
Utilities & Maint.$350
Total Monthly Cost$8,056

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Mississauga.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for East Credit, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,196,532

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

St Joseph
Public5555 Creditview Road, Streetsville, Mississauga, Ontario, L5V 2B9
6.0
St Herbert
Public5180 Fallingbrook Drive, Mississauga, Ontario, L5V 2C6
6.3
St Raymond
Public5735 Whitehorn Avenue, Streetsville, Mississauga, Ontario, L5V 2A9
4.3
St Valentine
Public5610 Heatherleigh Avenue, Mississauga, Ontario, L5V 2V7
6.9
St Timothy
PublicStreetsville, Mississauga, Ontario, L5M 1X9
8.8

Secondary Schools

St. Joseph
Catholic5555 Creditview Road, Streetsville, Mississauga, Ontario, L5V 2B9
8.2
Streetsville SS
PublicStreetsville, Mississauga, Ontario, L5M 1L4
7.9
St. Francis Xavier
Catholic50 Bristol Road West, Hurontario, Mississauga, Ontario, L5R 3K3
8.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.