1266 Silver Spear Road, Mississauga, ON

$1,349,000
MLS#:W12070343
5 beds
4 baths
2500-3000 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 16, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of Applewood. Expertly crafted featuring premium stucco (plaster) and brick construction, this residence presents an exceptional opportunity offered at $1,349,000 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.

  • 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 56 x 120 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, In-Law Suite
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Ready to witness this transformation? This Applewood back split is picture perfect and move in ready, offering a fantastic opportunity to live in a well-established, family-friendly neighbourhood. The open-concept living and dining area features strip hardwood floors and a large picture window that fills the space with natural light. The eat-in kitchen has been updated with stainless appliances, granite countertops, glass-tiled backsplash, skylight, and breakfast nook with a walkout to deck and private yard. Upstairs, the bedrooms share a refreshed full bath, while the primary features a convenient ensuite. The ground level offers a versatile fourth bedroom or home office, beautifully renovated bath with an oversized shower, spacious family room with a fireplace, and another walkout to the backyard. The lower level is self-contained, featuring a full kitchen, rec room with above-grade windows, 3-piece bath, and direct access to the garage, making it ideal for multigenerational living or flexible-use space. Located near Applewood Hills Park, Burnhamthorpe Library, and top-rated schools including Burnhamthorpe PS, Tomken MS, and Applewood Heights Secondary this is an ideal place to raise a family. With great trails, parks, and a welcoming cultural mix, this is a community where children can grow, learn, and thrive.

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Property Summary

This detached home located at 1266 Silver Spear Road, Mississauga is currently for sale and has been available on SousaSells for 466 days. This property is listed at $1,349,000 with an estimated mortgage of $4,490* per month. It has 5 beds, 4 bathrooms, and is 2500-3000 square feet. 1266 Silver Spear Road, Mississauga is in the Applewood neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 16, 2025
Sold price information is available to members only
Listed Date4/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 4
ConstructionStucco (Plaster), Brick
BasementFinished, Separate Entrance
Lot Size56 × 120 Feet
CountyPeel
Annual Tax$8,472.51
Legal DescriptionLT 82 PL 736 TORONTO ; S/T TT184684 MISSISSAUGA

Parking & Garage

Parking Total5.0
Parking Space3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Library, Park, Public Transit, Rec./Commun.Centre, School

Interior Features

Central Vacuum, In-Law Suite

Security Features

Alarm System

Community Features

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Location

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1266 Silver Spear Road, 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 1266 Silver Spear Road, Mississauga, ON L4Y 2X1

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.

Configure Loan Settings

Interest Rate4.00%
Down Payment$404,700 (30.0%)
* Minimum Canadian down payment required for this price is $269,800.
Amortization Period30 Years
Estimated Monthly Payment$4,490Based on a loan of $944,300 over 30 years.
Purchase Price$1,349,000
Loan Amount$944,300
Provincial Land Transfer Tax:$23,455
Total Estimated Closing Taxes:$23,455

About Purchasing a Home in Mississauga, ON

For a property listed at $1,349,000 in Mississauga, the legal minimum down payment is $269,800 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 $23,455 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 $23,455.

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City & Neighborhood Guide

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

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$948,777

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 Thomas More
Public3270 Tomken Road, Applewood, Mississauga, Ontario, L4Y 2Y7
8.0
St Alfred
Public3341 Havenwood Drive, Applewood, Mississauga, Ontario, L4X 2M2
5.3
St Sofia
Public3540 Havenwood Drive, Applewood, Mississauga, Ontario, L4X 2M9
7.6
St Basil
Public4235 Golden Orchard Drive, Rathwood, Mississauga, Ontario, L4W 3G1
7.1
St Edmund
Public1250 Melton Drive, Dixie, Mississauga, Ontario, L4Y 1L5
9.2

Secondary Schools

Applewood Heights SS
PublicApplewood, Mississauga, Ontario, L4Y 2K1
5.4
John Cabot
Public635 Willowbank Trail, Rathwood, Mississauga, Ontario, L4W 3L6
4.4
Philip Pocock
Public4555 Tomken Road, Rathwood, Mississauga, Ontario, L4W 1J9
5.9

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.