1777 Covington Terrace, Mississauga, ON

$1,999,000
MLS#:W13114092
6 beds
4 baths
3000-3500 sqft
6.0 parking
Residential Freehold
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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 $1,999,000 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.

  • 6 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3000-3500 sqft on a premium 73.81 x 203.71 ft lot
  • Features a finished, apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: In-Law Capability
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Distinguished ravine residence backing onto the Credit River in the exclusive Credit Pointe enclave. Situated on a deep, professionally landscaped lot with mature trees and prized southern exposure, this exceptional home offers remarkable privacy and panoramic views of the river valley. Boasting over 4,700 sq ft of beautifully finished living space on three levels, the home features a dramatic foyer with soaring ceilings and an elegant staircase. Hardwood floors, extensive crown moulding, and 9-ft ceilings enhance the refined main level. The custom chef-inspired kitchen showcases a generous centre island, granite countertops, premium built-in appliances, and a sun-filled breakfast area overlooking the ravine, seamlessly flowing into the inviting family room with fireplace. Walk out to the elevated wraparound deck and enjoy breathtaking southwest sunsets in a tranquil natural setting. A sophisticated main floor office with custom built-ins adds both function and style. Upstairs, four spacious bedrooms include a luxurious primary retreat with sitting area, walk-in closet, and spa-like 5-pc ensuite. The finished lower level features a fully self-contained basement apartment with a separate entrance, full kitchen, two bedrooms, and a full bath - an outstanding opportunity for rental income or multi-generational living. Lofted garage ceiling for added storage. Located on a quiet, family-friendly street close to top-rated schools, parks, Culham Trail, Credit Valley Hospital, Erin Mills Town Centre, Hwy 403 and GO Transit. A rare and refined ravine offering.

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Key Features

Bedrooms
6
Bathrooms
4
Kitchens
2
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 1, 2026
Sold price information is available to members only
Listed Date5/11/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished, Apartment, Separate Entrance
Lot Size73.81 × 203.71 Feet
CountyPeel
Annual Tax$13,295
Legal DescriptionPCL BLOCK 110-2, SEC 43M655 ; PT BLK 110 & 111, PL 43M655 , PART 6 , 43R15161 , T/W THE BENEFIT DESCRIBED IN RO488256 WITH RESPECT TO PROPOSED SEWER EASEMENT ; MISSISSAUGA

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Ravine

Interior Features

In-Law Capability

Security Features

Alarm System, Monitored

Community Features

Location

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1777 Covington Terrace, 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 1777 Covington Terrace, Mississauga, ON L5M 3M5

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.

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Interest Rate5.25%
Down Payment$399,800 (20.0%)
* Minimum Canadian down payment required for this price is $399,800.
Amortization Period25 Years
Estimated Monthly Payment$9,530Based on a loan of $1,599,200 over 25 years.
Purchase Price$1,999,000
Loan Amount$1,599,200
Provincial Land Transfer Tax:$36,455
Total Estimated Closing Taxes:$36,455

About Purchasing a Home in Mississauga, ON

For a property listed at $1,999,000 in Mississauga, the legal minimum down payment is $399,800 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 $36,455 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 $36,455.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,180,440

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 Joseph
Public5555 Creditview Road, Streetsville, Mississauga, Ontario, L5V 2B9
6.0
St Herbert
Public5180 Fallingbrook Drive, Mississauga, Ontario, L5V 2C6
6.3
St Raymond
Public5735 Whitehorn Avenue, Streetsville, Mississauga, Ontario, L5V 2A9
4.3
St Valentine
Public5610 Heatherleigh Avenue, Mississauga, Ontario, L5V 2V7
6.9
St Timothy
PublicStreetsville, Mississauga, Ontario, L5M 1X9
8.8

Secondary Schools

St. Joseph
Catholic5555 Creditview Road, Streetsville, Mississauga, Ontario, L5V 2B9
8.2
Streetsville SS
PublicStreetsville, Mississauga, Ontario, L5M 1L4
7.9
St. Francis Xavier
Catholic50 Bristol Road West, Hurontario, Mississauga, Ontario, L5R 3K3
8.0

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.