1503 Blanefield Road, Mississauga, ON

$999,900
MLS#:W9847132
5 beds
2 baths
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 6, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Port Credit. Expertly crafted featuring premium brick and shingle construction, this residence presents an exceptional opportunity offered at $999,900 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 2 Bathrooms with 2 functional kitchens
  • Premium 50 x 219.25 ft lot size
  • Features a apartment, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available
  • Notable attributes: Accessory Apartment, In-Law Suite, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Situated on a premium lot 50" x 220' is one of Mississauga's most sought after locations. Welcome to 1503 Blanefield Road in the mature and desirable Port Credit community. Commuters will appreciate the prime location and whether you choose to renovate to your taste or build new this property offers endless possibilities. First time in over 50 years this well maintained and cared for home is on the market. Excellent opportunity With In Law potential (2 Bedrooms, kitchenette and 2.5 bathrooms) in basement with separate entrance. Large driveway for 5 cars and room to grow. This home offers the ultimate convenience just steps away from schools, shopping plazas, public transit and major Highways. With the bonus Premium deep lot offering extra Outdoor Space, Private Deck, Patio and plenty of grass for kids or pets to play this property presents limitless possibilities. Bring your imagination and explore the potential this home holds! Floor Plans are attached for your convenience.

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Property Summary

This detached home located at 1503 Blanefield Road, Mississauga is currently for sale and has been available on SousaSells for 625 days. This property is listed at $999,900 with an estimated mortgage of $3,328* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 1503 Blanefield Road, Mississauga is in the Port Credit neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 6, 2024
Sold price information is available to members only
Listed Date10/29/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Shingle
BasementApartment, Partially Finished
Lot Size50 × 219.25 Feet
CountyPeel
Annual Tax$7,781
Legal DescriptionPT LT 200, PL B19 , AS IN VS226586 ; MISSISSAUGA

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Accessory Apartment, In-Law Suite, Water Heater Owned, Workbench

Security Features

Community Features

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Location

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1503 Blanefield 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 1503 Blanefield Road, Mississauga, ON L5G 4H3

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$299,970 (30.0%)
* Minimum Canadian down payment required for this price is $74,990.
Amortization Period30 Years
Estimated Monthly Payment$3,328Based on a loan of $699,930 over 30 years.
Purchase Price$999,900
Loan Amount$699,930
Provincial Land Transfer Tax:$16,473
Total Estimated Closing Taxes:$16,473

About Purchasing a Home in Mississauga, ON

For a property listed at $999,900 in Mississauga, the legal minimum down payment is $74,990 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 $16,473 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 $16,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,383,547

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

Forest Avenue
Public20 Forest Avenue, Port Credit, Mississauga, Ontario, L5G 1K7
3.9
Mineola
Public145 Angelene Street, Mineola, Mississauga, Ontario, L5G 1Z4
7.1
St Luke
Public1280 Cobalt Street, Lorne Park, Mississauga, Ontario, L5H 4L8
7.4
Kenollie
PublicMineola, Mississauga, Ontario, L5G 2V8
10.0
Tecumseh
Public1480 Chriseden Drive, Lorne Park, Mississauga, Ontario, L5H 1V4
6.8

Secondary Schools

Port Credit SS
PublicPort Credit, Mississauga, Ontario
7.2
Lorne Park SS
PublicLorne Park, Mississauga, Ontario
7.6
St. Paul
Catholic815 Atwater Avenue, Lakeview, Mississauga, Ontario, L5E 1L8
7.7

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.