1416 Monaghan Circle, Mississauga, ON
Property no longer active
This property was sold on January 22, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Erindale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,088,000 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 with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 50 x 120 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Built-In Oven, Carpet Free, On Demand Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome To This Stunning, Move-In Ready Bungalow Perfectly Situated In The Heart Of Erindale - One Of Mississauga's Most Desirable Family Neighbourhoods. This Recently Renovated Home Features A Bright, Open-Concept Main Floor With A Modern Kitchen, Spacious Living And Dining Areas, And Large Windows That Fill The Space With Natural Light. The Main Level Offers 3 Generous Bedrooms And A Stylishly Updated Bathroom, Ideal For Families Or Downsizers Seeking Comfort And Convenience. The Fully Finished Basement Apartment With A Separate Entrance Includes A Spacious 1-Bedroom Suite, A Full Kitchen, Living Area, And Bathroom. The Rec Room Can Easily Be Converted Into 2 More Bedrooms Making This The Perfect Place For An Extended Family, In-Laws, Or Rental Income Potential. Enjoy The Outdoors In The Private Backyard That Backs Onto A School And Park, Providing Beautiful Views And No Rear Neighbours. A Large 5-Car Driveway Offers Ample Parking For Guests Or Multiple Vehicles. Located Minutes From Top-Rated Schools, Parks, Square One, UTM, Transit, Riverwood Conservation Park, And Major Highways. This Home Combines Modern Living With Unbeatable Convenience. Kitchen And Washroom Renovated In 2021, Flooring Throughout Replaced 2021, All Light Fixtures And Pot Lights Installed 2021, On-Demand Hot Water Heater Installed 2024, A/C Unit Replaced 2025, Front Door Replaced 2025, Entire Ground Floor Repainted 2025.
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Property Summary
This detached home located at 1416 Monaghan Circle, Mississauga is currently for sale and has been available on SousaSells for 187 days. This property is listed at $1,088,000 with an estimated mortgage of $3,622* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 1416 Monaghan Circle, Mississauga is in the Erindale neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Park, Public Transit, School
Interior Features
Built-In Oven, Carpet Free, On Demand Water Heater, Primary Bedroom - Main Floor, Water Heater Owned
Security Features
Community Features
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Location
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 1416 Monaghan Circle, Mississauga, ON L5C 1R8
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 $1,088,000 in Mississauga, the legal minimum down payment is $217,600 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 $18,235 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 $18,235.
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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.