3242 Magwood Road, Mississauga, ON
Property no longer active
This property was sold on November 1, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Erin Mills. Expertly crafted featuring premium brick front and concrete construction, this residence presents an exceptional opportunity offered at $1,470,000 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
- Premium 40.29 x 113.29 ft lot size
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 3242 Magwood Rd, Erin Mills the perfect family home that blends modern living with community convenience. This fully upgraded 4-bedroom gem features fresh paint, new flooring, and pot lights throughout. The stylish kitchen, equipped with built-in appliances, is designed for todays discerning buyer. Located in a family-friendly neighborhood, you're within walking distance to schools, parks, and Costco, with shopping, restaurants, and gyms just minutes away. Commuting is easy with nearby access to highways 403, 407 and QEW. Plus, a finished 2-bedroom basement with a separate entrance offers rental income potential. Your dream home awaits!
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Property Summary
This detached home located at 3242 Magwood Road, Mississauga is currently for sale and has been available on SousaSells for 644 days. This property is listed at $1,470,000 with an estimated mortgage of $4,893* per month. It has 6 beds, 4 bathrooms, and is unknown square feet. 3242 Magwood Road, Mississauga is in the Erin Mills neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3242 Magwood Road, Mississauga, ON L5L 5G6
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 $1,470,000 in Mississauga, the legal minimum down payment is $294,000 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 $25,875 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 $25,875.
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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.