553 Mermaid Crescent, Mississauga, ON

$1,311,000
MLS#:W11937793
3 beds
4 baths
2000-2500 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["3-Storey"] att/row/townhouse located in the coveted neighborhood of Lakeview. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,311,000 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.

  • 3 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 16.43 x 91.68 ft lot
  • Features a ["finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to 553 Mermaid Cres. in the heart of Lakeview this Executive Townhouse promises a blend of modern elegance and practical convenience. Boasting 3 generously-sized bedrooms and 4 bathrooms, this home offers ample space for family living. The main floor's 9ft ceilings, combined with large windows, fill the home with natural light, The large kitchen, equipped with a center island, quartz countertops, undermount sink, subway backsplash, and stainless steel appliances, is a chef's dream. The Primary Bedroom has a large walk in closet and beautiful ensuite. The home's stone and brick facade exudes amazing curb appeal. The Backyard is Private and backs on to a Private Park. Situated in Lakeview village it is located close Go Transit, Lake Ontario, parks, trails and minutes to downtown Toronto and Pearson Airport. **EXTRAS** Roughed in Central Vac, Family Room access to Garage, and walk out to Backyard. Gas Line for BBQ

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Key Features

Bedrooms
3
Bathrooms
4
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 8, 2025
Sold price information is available to members only
Listed Date1/23/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
ConstructionBrick, Stone
Lot Size16.43 × 91.68 Feet
CountyPeel
Annual Tax$4,160.87
Legal DescriptionPT BLK 19 PL 43M2003 BEING PT 118 43R36960; TOGETHER WITH AN UNDIVIDED COMMON INTEREST IN PEEL COMMON ELEMENTS CONDOMINIUMCORPORATION NO. 1001 SUBJECT TO AN EASEMENT IN GROSS AS IN PR2848290 SUBJECT TO AN EASEMENT AS IN PR2266737 S

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

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

Features

Property Features

Community Features

Location

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553 Mermaid Crescent, Mississauga, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Lakeview, Mississauga.

Verified Local Data
Population6,202,225
Median Age40.1 Yrs
Ownership72% Owners
Avg Area List Price$1,150,001

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

Queen of Heaven
Public1198 Alexandra Avenue, Lakeview, Mississauga, Ontario, L5E 2A5
8.2
St. James
CatholicSaint James Avenue, Lakeview, Mississauga, Ontario, L5E 1G4
8.4
St Dominic
Public515 Hartsdale Avenue, Mineola, Mississauga, Ontario, L5G 2G7
6.1
St Edmund
Public1250 Melton Drive, Dixie, Mississauga, Ontario, L4Y 1L5
9.2
Micheline-Saint-Cyr
Public85 Forty First Street, Etobicoke, Toronto, Ontario, M8W 3P1
7.5

Secondary Schools

St. Paul
Catholic815 Atwater Avenue, Lakeview, Mississauga, Ontario, L5E 1L8
7.7
Port Credit SS
PublicPort Credit, Mississauga, Ontario
7.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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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 553 Mermaid Crescent, Mississauga, ON L5G 0B3

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.

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Financial Audit

Estimated Costs

Loan Amount$1,048,800
Monthly Mortgage$6,094
Property Tax (Est.)$347
Utilities & Maint.$350
Total Monthly Cost$6,791

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Mississauga.

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.