6127 Silken Laumann Way, Mississauga, ON

$1,189,000
MLS#:W8429192
5 beds
3 baths
2500-3000 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 24, 2024. This listing is for reference purposes only. to view the sold price.

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 $1,189,000 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 3 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 36.09 x 111.73 ft lot
  • Features a full, unfinished 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: Auto Garage Door Remote, Carpet Free, ERV/HRV
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Looking for a large house in the Heart of Mississauga? Here's an amazing opportunity that offers plenty of space to grow for first-time buyers, upsizing families or investors. This house features over 2800 sqft of living space encompassing 5 large bedrooms, 2.5 baths, a spacious family room that opens up to the breakfast and kitchen, combined living and dining rooms, and a private office as well as a laundry room on the main floor! Finish the basement and add another 1200+ sqft of living space to move in your in-laws or rent it out for cash flow. This wonderful home has had many updates including new windows (2022), new roof with a 35 year warranty (2021), a 400 sqft deck with privacy shutters (2021), and kitchen (2019) with quartz countertops and Stainless Steel Appliances. The Furnace, A/C, HRV and HWT systems have all been replaced in 2023. This house is mechanically and structurally sound. Close to everything! 5 mins to 401, Heartland Town Centre - that offers Groceries, Shops, Outlets, Restaurants, Cafes, Home Depot, Costco, and more and more! 15 mins to SquareOne and just minutes to some of the top-rated schools in Ontario.

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Property Summary

This detached home located at 6127 Silken Laumann Way, Mississauga is currently for sale and has been available on SousaSells for 766 days. This property is listed at $1,189,000 with an estimated mortgage of $3,958* per month. It has 5 beds, 3 bathrooms, and is 2500-3000 square feet. 6127 Silken Laumann Way, 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
3
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 24, 2024
Sold price information is available to members only
Listed Date6/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFull, Unfinished
Lot Size36.09 × 111.73 Feet
CountyPeel
Annual Tax$6,268.03
Legal DescriptionPCL 18-1, SEC 43M849; LT 18, PL 43M849 CITY OF MISSISSAUGA

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Park, Public Transit, School, Rec./Commun.Centre

Interior Features

Auto Garage Door Remote, Carpet Free, ERV/HRV, In-Law Capability

Security Features

Community Features

Location

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6127 Silken Laumann Way, 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 6127 Silken Laumann Way, Mississauga, ON L5V 1A2

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$356,700 (30.0%)
* Minimum Canadian down payment required for this price is $237,800.
Amortization Period30 Years
Estimated Monthly Payment$3,958Based on a loan of $832,300 over 30 years.
Purchase Price$1,189,000
Loan Amount$832,300
Provincial Land Transfer Tax:$20,255
Total Estimated Closing Taxes:$20,255

About Purchasing a Home in Mississauga, ON

For a property listed at $1,189,000 in Mississauga, the legal minimum down payment is $237,800 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 $20,255 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 $20,255.

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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.