16 Ontario Street, Mississauga, ON

$999,990
MLS#:W12139407
3 beds
2 baths
700-1100 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 27, 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 Streetsville. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $999,990 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.

  • 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 60.09 x 100.15 ft lot
  • Features a walk-up, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: In-Law Suite
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Located in the heart of trendy Streetsville, this well-maintained bungalow offers a fantastic opportunity just two houses from Queen St. downtown. Featuring a spacious 61-foot frontage and an open-concept floor plan, the home includes a nanny suite in the basement, making it ideal for extended family or potential rental income. Enjoy outdoor living with a charming front porch and a large, newer back deck overlooking a beautifully landscaped, private yard. Just a short stroll from Tim Hortons, Centre Plaza (featuring Shoppers Drug Mart, a bowling alley, LCBO, and more), as well as the library, main street shops, Credit River walking trails, schools, Vic Johnsons Arena, pool and Community Centre parks, and the GO Station. Endless possibilities, whether you're looking for a larger residential complex, a mixed-use development, or a lucrative investment. With new, more flexible building regulations, this growing village is ripe for opportunity. Seller willing to do a vendor take back mortgage.

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Property Summary

This detached home located at 16 Ontario Street, Mississauga is currently for sale and has been available on SousaSells for 433 days. This property is listed at $999,990 with an estimated mortgage of $3,329* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 16 Ontario Street, Mississauga is in the Streetsville neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 27, 2026
Sold price information is available to members only
Listed Date5/10/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionOther
BasementWalk-Up, Finished
Lot Size60.09 × 100.15 Feet
CountyPeel
Annual Tax$4,980
Legal DescriptionL5 46 PL STR2 STREETSVILLE; MISSISSAUGA

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Cul de Sac/Dead End, Hospital, Library, Park, School, Public Transit

Interior Features

In-Law Suite

Security Features

Community Features

Location

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16 Ontario Street, 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 16 Ontario Street W, Mississauga, ON L5M 1S8

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$299,997 (30.0%)
* Minimum Canadian down payment required for this price is $74,999.
Amortization Period30 Years
Estimated Monthly Payment$3,329Based on a loan of $699,993 over 30 years.
Purchase Price$999,990
Loan Amount$699,993
Provincial Land Transfer Tax:$16,475
Total Estimated Closing Taxes:$16,475

About Purchasing a Home in Mississauga, ON

For a property listed at $999,990 in Mississauga, the legal minimum down payment is $74,999 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 $16,475 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 $16,475.

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City & Neighborhood Guide

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

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,159,670

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 Timothy
PublicStreetsville, Mississauga, Ontario, L5M 1X9
8.8
St Joseph
Public5555 Creditview Road, Streetsville, Mississauga, Ontario, L5V 2B9
6.0
St Raymond
Public5735 Whitehorn Avenue, Streetsville, Mississauga, Ontario, L5V 2A9
4.3
St Elizabeth Seton
Public6133 Glen Erin Drive, Meadowvale, Mississauga, Ontario, L5N 2T7
7.0
Plowman's Park
Public5940 Montevideo Road, Meadowvale, Mississauga, Ontario, L5N 3J5
4.6

Secondary Schools

Streetsville SS
PublicStreetsville, Mississauga, Ontario, L5M 1L4
7.9
St. Joseph
Catholic5555 Creditview Road, Streetsville, Mississauga, Ontario, L5V 2B9
8.2
Meadowvale SS
PublicMeadowvale, Mississauga, Ontario
6.1

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.