4240 Elora Drive, Mississauga, ON
Property no longer active
This property was sold on October 3, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Backsplit 5 detached located in the coveted neighborhood of Creditview. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $999,999 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 28.49 x 85.35 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
DETACHED HOUSE UNDER $1M in the Heart of Mississauga. Offer Anytime. Look no further, this 5-Level Backsplit home could be yours. With a respectable curb appeal, its got a surprising size just over 1800 sqft. of living space including a renovated basement (2023). Pride of Ownership with tons of maintenance and functional upgrades over the years. Featuring noteworthy updates in the kitchen, bathrooms (2.5), heating & cooling (both owned), and various windows for efficiency. Formal dining area offers walk-out to landscaped and decked out backyard where you can enjoy BBQs and family gatherings in privacy. Backyard is accessible on both sides of home. This loved and clean residence also showcases a living room with large windows for natural light and a separate family room with a real wood-burning fireplace (as is). Absolutely move-in ready. Zero carpets. Potentially 3 parking spots incl. garage (with access inside house). This is a must see! WATCH VIDEO.
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Property Summary
This detached home located at 4240 Elora Drive, Mississauga is currently for sale and has been available on SousaSells for 662 days. This property is listed at $999,999 with an estimated mortgage of $3,329* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 4240 Elora Drive, Mississauga is in the Creditview neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School, Library
Interior Features
None
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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 4240 Elora Drive, Mississauga, ON L5B 2Y8
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 $999,999 in Mississauga, the legal minimum down payment is $75,000 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 $16,475 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 $16,475.
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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.