Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Mineola. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,100,000 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.
This exceptional lot presents a rare opportunity to build in one of the area's fastest transforming luxury corridors. Zoned RL-9, the property offers outstanding flexibility to explore multiple redevelopment options with strong resale potential. The existing home is rentable, providing valuable income during the design and permit phase while you plan your build. It also features an inground pool, perfect for enjoying summer months and adding immediate lifestyle appeal. Ideal for young families looking to build their forever home, the property is surrounded by multi-million dollar residences and located near top schools, the QEW, Lake Ontario, Port Credit, and hospitals-making it a strategic investment for builders, investors, or end users seeking to create a landmark home in a proven, high-growth neighbourhood.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 559 Drymen Crescent, Mississauga, ON L5G 2N9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.
About Purchasing a Home in Mississauga, ON
For a property listed at $1,100,000 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.