1497 Bancroft Drive, Mississauga, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of East Credit. Expertly crafted featuring premium concrete and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,850,500 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.
- 6 Bedrooms and 5 Bathrooms with 3 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 74.1 x 102.59 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free, In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
A rare opportunity to own a fully renovated detached home in the highly sought-after East Credit community. Beautifully updated from top to bottom-inside and out-this exceptional property sits on a premium 74' x 115' corner lot, offering outstanding curb appeal and an abundance of outdoor space.Step inside to a bright and spacious open-concept layout designed for modern living. The main floor features an inviting living and dining area, a warm and welcoming family room with a stylish electric fireplace, and a dream kitchen complete with premium appliances, an oversized centre island, and ample cabinetry. Walk out to the professionally landscaped backyard, a private outdoor oasis perfect for relaxing or entertaining.The second floor offers a luxurious primary bedroom featuring a large walk-in closet and a beautifully renovated spa-inspired ensuite bathroom, along with two additional generously sized bedrooms, each with ample closet space.Adding incredible versatility, this home includes a separate nanny/in-law suite with its own kitchen and bedroom, making it ideal for extended family, guests, or multi-generational living. The fully finished basement further enhances the home's functionality with two additional bedrooms, a full kitchen, and flexible living space-perfect for extended family, recreation, or potential income opportunities.This exceptional home seamlessly blends comfort, style, functionality, and flexibility, making it a true turnkey property.Ideally located just minutes from Heartland Town Centre with quick access to major highways. Enjoy walking distance to parks, golf courses, top-rated schools, shopping, restaurants, and all the amenities East Credit has to offer.
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Property Summary
This detached home located at 1497 Bancroft Drive, Mississauga is currently for sale and has been available on SousaSells for 3 days. This property is listed at $1,850,500 with an estimated mortgage of $6,160* per month. It has 6 beds, 5 bathrooms, and is 3000-3500 square feet. 1497 Bancroft Drive, Mississauga is in the East Credit neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in East Credit, Mississauga.
- •6 spacious bedroom layout offering versatile living space
- •5 well-appointed bathrooms
- •3000-3500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in East Credit, Mississauga.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
- In-Law Suite
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 1497 Bancroft Drive, Mississauga, ON
Q.What is the asking price for 1497 Bancroft Drive, Mississauga, ON ?
The current listing price for 1497 Bancroft Drive, Mississauga, ON in East Credit, Mississauga is $1,850,500.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 5 bathrooms across approximately 3000-3500 sqft.
Q.What property type and architectural style is 1497 Bancroft Drive, Mississauga, ON ?
1497 Bancroft Drive, Mississauga, ON is a Detached (2-Storey) featuring a Finished, Separate Entrance basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, In-Law Suite.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 1497 Bancroft Drive, Mississauga, ON L5V 1M3
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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 $1,850,500 in Mississauga, the legal minimum down payment is $370,100 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 $33,485 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 $33,485.
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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.