40 Park Street, Mississauga, ON
Property no longer active
This property was sold on May 16, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Port Credit. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,099,999 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 with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 106 x 74 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- equipped with wall unit(s) central cooling and highly efficient baseboard heating via gas
Description
Charming Port Credit Gem with River ViewsNestled in the heart of Port Credit, this cozy home offers the perfect blend of comfort, convenience, and potential. Overlooking the serene Credit River, it provides a peaceful retreat just steps away from all the vibrant amenities that this trendy village has to offer. Leave your car behind and enjoy the luxury of walking to restaurants, cafes, the boat launch, rowing clubs, and more. Year-round activities await at Memorial Park, Rattray Marsh, and along the Waterfront Trail, all just moments from your doorstep.This bright and airy home features a spacious, renovated interior with an abundance of natural light pouring in through multiple skylights in the kitchen and loft. The main floor bedroom opens directly to a beautifully landscaped garden and patio area, perfect for outdoor relaxation or entertaining. The modern wooden fence and charming pergola at the entry offer great curb appeal, while the upper balcony off the loft provides breathtaking views of the river, an ideal spot for enjoying your morning coffee.Newly renovated basement is the perfect space for hosting guests with its bedroom and private bathroom. The kitchenette with built-in Fulgor-Milano fridge is perfect for casual dining and preparing drinks. Or use this open space for movie nights or a workout area. Convenience is key with a short 10-minute walk to the GO station, as well as proximity to Farm Boy and Loblaws for all your shopping needs. Don't miss out on the opportunity to live in one of the most sought-after neighbourhoods in Mississauga. For investors, this property offers the potential for future development/renovation with multiple layout options, including two-storey and triplex configurations. Floor plans are available upon request.
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Property Summary
This detached home located at 40 Park Street, Mississauga is currently for sale and has been available on SousaSells for 484 days. This property is listed at $1,099,999 with an estimated mortgage of $3,661* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 40 Park Street, Mississauga is in the Port Credit neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
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Features
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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 40 Park Street W, Mississauga, ON L5H 1G7
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 $1,099,999 in Mississauga, the legal minimum down payment is $220,000 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 $18,475 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 $18,475.
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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.