1442 Emerson Lane, Mississauga, ON
Property no longer active
This property was sold on September 23, 2024. This listing is for reference purposes only. to view the sold price.
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 $1,275,000 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
- Premium 40.59 x 100.07 ft lot size
- Features a apartment 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: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
LOCATION! LOCATION! LOCATION! WELCOME TO 1442 Emerson Lane. It's all set, ready to go, move in! This stunning detached home features 4+1 Bedrooms, 4 washrooms, and a finished basement that the original owners have lovingly maintained. The curved staircase is an impressive focal feature as you enter the home. The main floor contains a separate living room and family room and a generously sized, well-appointed kitchen and breakfast area with direct walkout access to a covered patio and a fully landscaped backyard. The kitchen features black appliances and an updated Quartz countertop. The separate entrance basement features a 1 bedroom (with space and window for an additional bedroom), a full bathroom, a kitchen, and a large living area for extra income. This beauty wont last. Conveniently located in the much sought-after East Credit Community near Heartland Town Centre, several schools, transit, and Hwy 401.
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Property Summary
This detached home located at 1442 Emerson Lane, Mississauga is currently for sale and has been available on SousaSells for 718 days. This property is listed at $1,275,000 with an estimated mortgage of $4,244* per month. It has 5 beds, 4 bathrooms, and is unknown square feet. 1442 Emerson Lane, Mississauga is in the East Credit neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1442 Emerson Lane, Mississauga, ON L5V 1L6
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 $1,275,000 in Mississauga, the legal minimum down payment is $255,000 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 $21,975 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 $21,975.
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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.