1261 Mona Road, Mississauga, ON
Property no longer active
This property was sold on September 25, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Mineola. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $2,499,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning < 700 sqft on a premium 88 x 150 ft lot
- Features a finished, half basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This rare 88 ft x 150 ft private lot presents endless potential for builders, investors, or anyone ready to build their dream home. Located in one of Mississauga's most coveted neighbourhoods, this expansive property offers the unique possibility to build two custom luxury homes side by side, ideal for maximizing value in a high-demand area. The existing residence is a well-maintained, detached 4-bedroom, 2-bathroom home featuring a bright, open-concept Muskoka-style living and dining space, a private office with a walkout to the backyard, and mature trees that provide year-round privacy and serenity. Located in the heart of Mineola West, renowned for its tree-lined streets, top-rated schools, and proximity to the QEW, Port Credit GO Station, scenic waterfront trails, and the vibrant Port Credit Village, this area consistently attracts discerning buyers seeking upscale living with urban convenience. Whether you're looking to build, invest, or own land in one of the GTA's most prestigious neighbourhoods, this is a rare offering you won't want to miss. Act now to secure your place in one of Mississauga's finest communities.
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Property Summary
This detached home located at 1261 Mona Road, Mississauga is currently for sale and has been available on SousaSells for 387 days. This property is listed at $2,499,000 with an estimated mortgage of $8,318* per month. It has 4 beds, 2 bathrooms, and is < 700 square feet. 1261 Mona Road, Mississauga is in the Mineola neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 1261 Mona Road, Mississauga, ON L5G 2Z9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Mississauga, ON
For a property listed at $2,499,000 in Mississauga, the legal minimum down payment is $499,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $48,950 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $48,950.
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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.