5464 Elgar Court, Mississauga, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Central Erin Mills. Expertly crafted featuring premium brick and shingle construction, this residence presents an exceptional opportunity offered at $1,575,000 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 5 Bathrooms with 2 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 45.93 x 131.86 ft lot
- Features a apartment, separate entrance 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: In-Law Suite, On Demand Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
On a quiet cul-de-sac in Central Erin Mills, a family friendly neighborhood. Near sought after schools : John Frazer Secondary School and St. Aloysius Gonzaga Catholic Secondary. Spacious 5-bdrm home, 3777 sq.ft plus 1,721 sq.ft basement. 2 bedrooms with ensuite baths plus the main bath. Updated Kitchen with granite counter and breakfast bar. Huge eat-in are with sliding door walk-out to patio and pool, large fenced in backyard. Separate entrance to the basement via the garage. Finished basement with potential for in-law with suite, consist of: spacious living room, kitchen with eat-in area, bedroom, 3pc bath, facilities for laundry room (with plumbing, electrical outlet & dryer venting). Note : seller doesn't warrant the retrofit status of the basement apartment. The second parking space in garage no longer fits a vehicle due to the custom stairwell to the basement, The driveway is long (no sidewalk) to fit 4 cars. The chair lift in the garage and the winding stair case will be removed (negotiable items). This home has good bones, opportunity to update and renovate. Great location in a lovely neighborhood, ideal set up for an Intergenerational family. Near Credit Valley Hospital and Erin Mills Town Centre. Wonderful place to call home.
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Property Summary
This detached home located at 5464 Elgar Court, Mississauga is currently for sale and has been available on SousaSells for 415 days. This property is listed at $1,575,000 with an estimated mortgage of $5,243* per month. It has 5 beds, 5 bathrooms, and is 3500-5000 square feet. 5464 Elgar Court, Mississauga is in the Central Erin Mills neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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In-Law Suite, On Demand Water Heater
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Pricing & Value Insights
Data-driven valuation for 5464 Elgar Court, Mississauga, ON L5M 5C9
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 $1,575,000 in Mississauga, the legal minimum down payment is $315,000 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 $27,975 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 $27,975.
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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.