3138 Merritt Avenue, Mississauga, ON
Property no longer active
This property was sold on September 2, 2025. 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 Malton. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $649,900 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 40 x 100 ft lot
- Features a separate entrance, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: In-Law Capability, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this charming detached home in one of Malton's most desirable neighbourhoods! Sitting on a spacious lot, this property offers an incredible opportunity. Whether you're looking to move right in, generate rental income, or build your new custom dream home from the ground up, this property's possibilities are endless. This updated bungalow features 2+1 spacious bedrooms, 1.5 bathrooms, an eat-in kitchen, two tranquil covered porches and a bright, functional layout with thoughtful updates throughout. The finished basement with a separate entrance has amazing potential to be transformed into a basement apartment, perfect for multi-generational living or as an income-generating unit. There's space to enjoy now and room to grow in the future. Whether you're an investor, a builder, or a first-time buyer looking for a property with serious upside, this one checks all the boxes. Excellent location, steps from public transit, places of worship, schools, parks, shopping, and more. With easy access to major highways and the airport, this home offers unbeatable convenience!
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Property Summary
This detached home located at 3138 Merritt Avenue, Mississauga is currently for sale and has been available on SousaSells for 333 days. This property is listed at $649,900 with an estimated mortgage of $2,163* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 3138 Merritt Avenue, Mississauga is in the Malton neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
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Features
Property Features
Public Transit, Place Of Worship, School
Interior Features
In-Law Capability, Primary Bedroom - Main Floor
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Location
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 3138 Merritt Avenue, Mississauga, ON L4T 1P3
Based on 0 recent similar sales in the pocket.
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 $649,900 in Mississauga, the legal minimum down payment is $39,990 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 $9,473 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 $9,473.
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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.