5256 Castlefield Drive, Mississauga, ON

$1,599,900
MLS#:W9417480
5 beds
4 baths
2500-3000 sqft
7.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of East Credit. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,599,900 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 4 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 40.03 x 109.91 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 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

Discover this rare 5-bedroom, 4-bathroom detached home in the heart of Mississauga, nestled in a peaceful neighbourhood just steps from Creditview Wetland Park. This bright and elegant residence features hardwood flooring throughout and boasts Master bed with 5 pc ensuite another spacious primary bedrooms with 4-piece ensuites, along with a generous sitting area on the second floor. The newly expanded driveway accomdates up to 5 cars, featuring top-quality, oversized stone. perfect for a large family. Conveniently located near schools, playgrounds, and sports fields, and just minutes from Heartland Shopping Center, community amenities, Highway 403, and the GO Station, this home is truly a show-stopper!

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Property Summary

This detached home located at 5256 Castlefield Drive, Mississauga is currently for sale and has been available on SousaSells for 637 days. This property is listed at $1,599,900 with an estimated mortgage of $5,325* per month. It has 5 beds, 4 bathrooms, and is 2500-3000 square feet. 5256 Castlefield Drive, Mississauga is in the East Credit neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 16, 2024
Sold price information is available to members only
Listed Date10/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFull, Unfinished
Lot Size40.03 × 109.91 Feet
CountyPeel
Annual Tax$7,781
Legal DescriptionPcl 128-1, Sec 43M1041 ; Lt 128, Pl 43M1041 , S/T

Parking & Garage

Parking Spaces7.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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5256 Castlefield Drive, 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 5256 Castlefield Drive, Mississauga, ON L5V 1T4

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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.

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Interest Rate4.00%
Down Payment$479,970 (30.0%)
* Minimum Canadian down payment required for this price is $319,980.
Amortization Period30 Years
Estimated Monthly Payment$5,325Based on a loan of $1,119,930 over 30 years.
Purchase Price$1,599,900
Loan Amount$1,119,930
Provincial Land Transfer Tax:$28,473
Total Estimated Closing Taxes:$28,473

About Purchasing a Home in Mississauga, ON

For a property listed at $1,599,900 in Mississauga, the legal minimum down payment is $319,980 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 $28,473 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 $28,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,262,148

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

St Joseph
Public5555 Creditview Road, Streetsville, Mississauga, Ontario, L5V 2B9
6.0
St Raymond
Public5735 Whitehorn Avenue, Streetsville, Mississauga, Ontario, L5V 2A9
4.3
St Herbert
Public5180 Fallingbrook Drive, Mississauga, Ontario, L5V 2C6
6.3
St Valentine
Public5610 Heatherleigh Avenue, Mississauga, Ontario, L5V 2V7
6.9
St Timothy
PublicStreetsville, Mississauga, Ontario, L5M 1X9
8.8

Secondary Schools

St. Joseph
Catholic5555 Creditview Road, Streetsville, Mississauga, Ontario, L5V 2B9
8.2
Streetsville SS
PublicStreetsville, Mississauga, Ontario, L5M 1L4
7.9
St. Francis Xavier
Catholic50 Bristol Road West, Hurontario, Mississauga, Ontario, L5R 3K3
8.0

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.