2055 Family Crescent, Mississauga, ON

$1,125,000
MLS#:W13163626
3 beds
2 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Lakeview. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,125,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 56 x 110 ft lot
  • Features a finished, 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: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Fantastic 3 bedroom bungalow featuring over 1500 square feet nestled on a 56 by 110 foot lot and located in the sought after neighbourhood of Sherway. Spacious open concept living/dining room area with hardwood floors under the broadloom. Updated kitchen with under cabinet lighting, large breakfast/sunroom area with walk-out to deck and a lush treed backyard. Freshly painted main level (2026), hardwood floors throughout all bedrooms, main floor laundry, updated main 3 piece bathroom with marble counter tops and walk-in shower. Primary bedroom retreat with double closet and 2 piece en-suite. Separate side entrance leading down to a finished basement with storage/workshop, large cold cellar, recreation area with new broadloom (2026) and wood burning fireplace. Great curb appeal with beautifully landscaped gardens and convenient covered front porch with access to garage. Located minutes away to schools, parks, fitness, Sherway Gardens Mall, Trillium Queensway Health Centre, restaurants, transit, easy access to QEW, Highway 427, and the Long Branch GO Station for seamless commuting to downtown.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 9, 2026
Sold price information is available to members only
Listed Date5/22/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished, Separate Entrance
Lot Size56 × 110 Feet
CountyPeel
Annual Tax$7,640
Legal DescriptionLT 8 PL 698 TORONTO

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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2055 Family Crescent, 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 2055 Family Crescent, Mississauga, ON L4X 1G7

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.

Market Trend
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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$225,000 (20.0%)
* Minimum Canadian down payment required for this price is $225,000.
Amortization Period25 Years
Estimated Monthly Payment$5,363Based on a loan of $900,000 over 25 years.
Purchase Price$1,125,000
Loan Amount$900,000
Provincial Land Transfer Tax:$18,975
Total Estimated Closing Taxes:$18,975

About Purchasing a Home in Mississauga, ON

For a property listed at $1,125,000 in Mississauga, the legal minimum down payment is $225,000 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 $18,975 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 $18,975.

Nearby Listings

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No current listings found in Mississauga.

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City & Neighborhood Guide

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

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,360,283

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

Queen of Heaven
Public1198 Alexandra Avenue, Lakeview, Mississauga, Ontario, L5E 2A5
8.2
St. James
CatholicSaint James Avenue, Lakeview, Mississauga, Ontario, L5E 1G4
8.4
St Dominic
Public515 Hartsdale Avenue, Mineola, Mississauga, Ontario, L5G 2G7
6.1
St Edmund
Public1250 Melton Drive, Dixie, Mississauga, Ontario, L4Y 1L5
9.2
ISNA Islamic
Public1525 Sherway Drive, Dixie, Mississauga, Ontario, L4X 1B5
9.2

Secondary Schools

St. Paul
Catholic815 Atwater Avenue, Lakeview, Mississauga, Ontario, L5E 1L8
7.7
Port Credit SS
PublicPort Credit, Mississauga, Ontario
7.2
Applewood Heights SS
PublicApplewood, Mississauga, Ontario, L4Y 2K1
5.4

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.