5698 Colby Court, Mississauga, ON
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 $1,299,900 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.
- 4 Bedrooms and 5 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 40.12 x 118.8 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Guest Accommodations
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Pride of ownership shines throughout this impeccably maintained executive residence nestled on a quiet cul-de-sac in the highly sought-after East Credit community. Situated on a premium lot, this exceptional home offers approximately 2,700 sq. ft. of bright and spacious open-concept living. Featuring a stunning curved Hollywood oak staircase, elegant formal living and dining rooms, and a warm family room with a cozy wood-burning fireplace overlooking the beautifully landscaped backyard. The gourmet eat-in kitchen is designed to impress with stainless steel appliances, granite countertops, custom cabinetry, and a walk-out to a private gardener's paradise. The upper level features a luxurious primary retreat complete with a spa-inspired 5-piece ensuite showcasing marble flooring. The basement offers excellent in-law or income potential with a separate entrance, basement apartment and additional separate recreation area with extra full bathroom. Additional highlights include a durable metal roof and impressive double-door front entry. Conveniently located within walking distance to River Grove Community Centre, scenic Creditview trails, top-rated schools, public transit, and major shopping centres.
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Pricing & Value Insights
Data-driven valuation for 5698 Colby Court, Mississauga, ON L5M 4S7
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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 $1,299,900 in Mississauga, the legal minimum down payment is $259,980 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 $22,473 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 $22,473.
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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.