3422 Credit Heights Drive, Mississauga, ON
Property Highlights
Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of Erindale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,390,000 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 58.01 x 150 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: Other
- equipped with central air central cooling and highly efficient baseboard heating via gas
Description
Rare Pie-Shaped Ravine Lot in Prestigious Credit Heights! An exceptional opportunity to own a Muskoka-like setting on an oversized, premium lot backing onto the ravine with direct access to Culham Trail. This renovated home offers over 2,300 sq. ft. of beautifully updated living space, featuring a functional layout with separate living and family rooms and a walk-out to a private, mostly flat backyard-perfect for entertaining or relaxing in nature. Charming deep bay windows throughout fill the home with natural light and add timeless character. The expansive 58' x 150' lot widens to an impressive 79' at the rear. Includes 5 spacious bedrooms and a basement unit with separate entrance-ideal for extended family or income potential. A rare offering-come experience it and fall in love! Walking distance to Credit River With Beautiful Nature Trails & Greenery. Minutes To All The Amenities Including Erindale Go, Square One, Erindale Park, Utm, Hospitals, And More!
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Key Features
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Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, Ravine, School
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3422 Credit Heights Drive, Mississauga, ON L5C 2L9
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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 $1,390,000 in Mississauga, the legal minimum down payment is $278,000 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 $24,275 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 $24,275.
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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.