368 Commonwealth Circle, Mississauga, ON

$1,568,800
MLS#:W12026248
6 beds
4 baths
2500-3000 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Fairview. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,568,800 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
  • Generous living space spanning 2500-3000 sqft on a premium 45.93 x 113.39 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 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

Welcome to 368 Commonwealth Cir! This meticulously maintained 4+2 bedroom, 4-bathroom, two-storey home in the highly desirable Fairview neighborhood is the perfect family retreat. The spacious, chef-inspired kitchen boasts sleek stainless steel appliances and seamlessly flows into a bright and inviting living room and family roomideal for both relaxing and entertaining. A convenient laundry room is located on the main floor, with direct access to the garage for added ease. Hardwood floors run throughout the entire home, adding warmth and elegance. Upstairs, you'll find 4 generously sized bedrooms, each offering plenty of closet space. The fully finished basement features 2 additional bedrooms (perfect for an in-law suite), abundant storage, and large windows that fill the space with natural light. Outside, enjoy a large backyard with a beautiful cedar deck, perfect for outdoor gatherings. With no direct neighbors and a serene walking trail right behind the home, you'll enjoy ultimate privacy. Ideally located near transit, schools, parks, shopping, and more, this home offers both comfort and convenience. Don't miss this incredible opportunity!

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Property Summary

This detached home located at 368 Commonwealth Circle, Mississauga is currently for sale and has been available on SousaSells for 484 days. This property is listed at $1,568,800 with an estimated mortgage of $5,222* per month. It has 6 beds, 4 bathrooms, and is 2500-3000 square feet. 368 Commonwealth Circle, Mississauga is in the Fairview neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
6
Bathrooms
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 10, 2025
Sold price information is available to members only
Listed Date3/18/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size45.93 × 113.39 Feet
CountyPeel
Annual Tax$8,567.17
Legal DescriptionPCL 31-1, SEC 43M809; LT 31, PL 43M809; S/T A RIGHT AS IN LT1006281 ; MISSISSAUGA

Parking & Garage

Parking Spaces5.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

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Location

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368 Commonwealth Circle, 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 368 Commonwealth Circle, Mississauga, ON L5B 3V3

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$470,640 (30.0%)
* Minimum Canadian down payment required for this price is $313,760.
Amortization Period30 Years
Estimated Monthly Payment$5,222Based on a loan of $1,098,160 over 30 years.
Purchase Price$1,568,800
Loan Amount$1,098,160
Provincial Land Transfer Tax:$27,851
Total Estimated Closing Taxes:$27,851

About Purchasing a Home in Mississauga, ON

For a property listed at $1,568,800 in Mississauga, the legal minimum down payment is $313,760 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 $27,851 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 $27,851.

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City & Neighborhood Guide

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

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$946,915

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

Elm Drive
Public100 Walford Court, Fairview, Mississauga, Ontario, L5B 1T8
4.9
Bishop Scalabrini
Public225 Central Parkway West, Fairview, Mississauga, Ontario, L5B 3J5
6.4
St Philip
Public345 Fairview Road West, Fairview, Mississauga, Ontario, L5B 3W5
7.2
Father Daniel Zanon
Public450 Hillcrest Avenue, Cooksville, Mississauga, Ontario, L5B 4J3
7.6
Corpus Christi
Public4155 Elora Drive, Creditview, Mississauga, Ontario, L5B 3N4
6.4

Secondary Schools

Father Michael Goetz
Public330 Central Parkway West, Fairview, Mississauga, Ontario, L5B 3K6
4.0
Iona SS
Public1585, Mississauga Valleys, Mississauga, Ontario, L5A 3W9
6.2

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.