7123 GILLESPIE Lane, Mississauga, ON

$1,398,900
MLS#:W12942874
4 beds
4 baths
2000-2500 sqft
2.0 parking
Residential Freehold
Residential Freehold for sale - 4 Bed, 4 Bath Home at 7123 GILLESPIE Lane Mississauga ON listed at $1,398,900 (MLS# W12942874) - Main View
Price Change
For Sale
Added:Apr 1, 2026(169 days ago)
Updated:Sep 15, 2026(2 days ago)
Last Checked:20 minutes ago

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Meadowvale Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,398,900 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 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 90.03 x 82.02 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome To 7123 Gillespie Lane, Nestled In The Highly Sought-After Family Friendly Neighbourhood Of Gooderham Estates In Meadowvale Village. This Beautiful 2471 Sq Ft, 4 BedroomHome Plus A Professionally Finished Basement On A Large Premium Corner Lot Has Been LovinglyMaintained By The Original Owners For 25 Years.Step Through The Grand Front Entrance Of This Home And Enter The Elegant And Spacious Foyer.Standing In The Foyer You'll See An Absolutely Breathtaking Layout Featuring Soaring 9FtCeilings, A Stunning Custom Centre Hall Solid Wood Oak Staircase And An Open-Concept DesignFlooded With Natural Light. The Warmth And Beauty Of Hardwood Floors Through-Out The Main FloorWill Make You Never Want To Leave. The Kitchen With Granite Counters, Stainless SteelAppliances, Custom Backsplash And Double Undermount Stainless Steel Sink Is Every Chef's Dream.The Mudroom (Already Roughed In To Convert To A 2nd Laundry Room) At The Back Of The House IsPerfect For Family Members Coming In From The Garage And Backyard.Upstairs You'll Find The Primary (Master) Bedroom. Your Own Private Retreat, A Place Of RefugeWhere Opulence And Luxury Blends With Peace And Tranquility. The 5-Piece Ensuite With His AndHers Sinks, Deep Soaker Tub And A Separate Shower Is The Perfect Place To Begin And Finish EachDay.Three More Generous Sized Bedrooms And A Main 5-Piece Bathroom Completes The 2nd Floor.Downstairs You'll Find A Professionally Finished Basement With A Massive Recreation RoomFeaturing A Gas Fireplace, A 2nd Full Kitchen And Breakfast/Eating Area And A 3-Piece Bathroom. This Laneway Style Home Features A Detached 2-Car Garage With Storage Loft, Inground Sprinkler System, A Large Fenced-In Backyard With Interlock Patio For Dining/Entertaining With Ample Room For The Kids To Run Free And Play. Close To Hwy 401 & 407, Shopping, Restaurants, Parks & Walking Trails, Credit Valley Conservation, & Schools. This Is The Perfect Home For Your Family.

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Property Summary

This detached home located at 7123 GILLESPIE Lane, Mississauga is currently for sale and has been available on SousaSells for 169 days. This property is listed at $1,398,900 with an estimated mortgage of $4,656* per month. It has 4 beds, 4 bathrooms, and is 2000-2500 square feet. 7123 GILLESPIE Lane, Mississauga is in the Meadowvale Village neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 4 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Meadowvale Village, Mississauga.

Highly Recommended for Families
What We Love About This Home
  • •4 spacious bedroom layout offering versatile living space
  • •4 well-appointed bathrooms
  • •2000-2500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Meadowvale Village, Mississauga.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
4
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Price$1,398,900
AddedApr 1, 2026 (169 days ago)
UpdatedSep 15, 2026 (2 days ago)
Last Checked20 minutes ago
Transaction TypeFor Sale
List Office NameSUTTON GROUP - SUMMIT REALTY INC.

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFull, Finished
Lot Size90.03 Ă— 82.02 Feet
CountyPeel
Annual Tax$9,464.74
Rental ItemsHOT WATER TANK
Legal DescriptionLOT 120, PLAN 43M1322, MISSISSAUGA. S/T RIGHT IN FAVOUR OF MONARCH CON STRUCTION LIMITED UNTIL SUCH TIME AS THE SUBDIVISION HAS BEEN ACCEPTED BY THE CITY OF MISSISSAUGA, AS IN PR79989.

Parking & Garage

Parking Total2.0
Parking Space0
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Fenced Yard
  • Greenbelt/Conservation
  • Park
  • School
  • School Bus Route

Interior Features

  • Auto Garage Door Remote
  • Central Vacuum

Security Features

  • Alarm System
  • Smoke Detector
  • Carbon Monoxide Detectors

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Mississauga Home Buyer Advisory & Market HubActive MLS® Listing in Mississauga, Ontario

Looking to Buy a Home in Mississauga?

If you are looking for a house in Mississauga or researching Mississauga real estate for sale, this 4-bedroom detached at 7123 GILLESPIE Lane, Mississauga, ON offers an exceptional opportunity to buy a home in Mississauga, Ontario. Whether you are a first-time Mississauga home buyer or comparing active Mississauga MLS® homes for sale, working with a dedicated Mississauga buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

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Dedicated Mississauga Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Mississauga realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

Mississauga Buyer Budget & Costs

Estimated mortgage: $4,656*/month*. Estimated Ontario Land Transfer Tax: $24,453. First-time Mississauga home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in Mississauga

Frequently Asked Questions about 7123 GILLESPIE Lane, Mississauga, ON

Q.What is the asking price for 7123 GILLESPIE Lane, Mississauga, ON ?

The current listing price for 7123 GILLESPIE Lane, Mississauga, ON in Meadowvale Village, Mississauga is $1,398,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 4 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.

Q.What property type and architectural style is 7123 GILLESPIE Lane, Mississauga, ON ?

7123 GILLESPIE Lane, Mississauga, ON is a Detached (2-Storey) featuring a Full, Finished basement.

Q.What key property features does 7123 GILLESPIE Lane, Mississauga, ON offer?

Key property features include: Fenced Yard, Greenbelt/Conservation, Park, School, School Bus Route.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Central Vacuum.

Q.What security features are installed at 7123 GILLESPIE Lane, Mississauga, ON ?

Security features include: Alarm System, Smoke Detector, Carbon Monoxide Detectors.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Virtual Tour & 3D Walkthrough

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Location

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7123 GILLESPIE Lane, Mississauga, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Meadowvale Village, Mississauga

SAFETY RATING9.1 / 10
Low Incident Area
Total Annual Incidents68 incidents / yr
Average Per Month5.7 incidents / mo
Population Benchmark26,000 residents
Personal Safety
Very Low

20 assaults (76.9/100k)

Property Security
Very Low

14 B&E (53.8/100k)

Auto Theft Risk
Moderate

18 thefts (69.2/100k)

1-Year Trend
â–Ľ 4.5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Peel Regional Police (PRP) Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 7123 GILLESPIE Lane, Mississauga, ON L5W 1E8

Estimated Sales Range
$1,329,000 - $1,371,000

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$419,670 (30.0%)
* Minimum Canadian down payment required for this price is $279,780.
Amortization Period30 Years
Estimated Monthly Payment$4,656Based on a loan of $979,230 over 30 years.
Purchase Price$1,398,900
Loan Amount$979,230
Provincial Land Transfer Tax:$24,453
Total Estimated Closing Taxes:$24,453

About Purchasing a Home in Mississauga, ON

For a property listed at $1,398,900 in Mississauga, the legal minimum down payment is $279,780 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 $24,453 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 $24,453.

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Meadowvale Village, Mississauga Neighborhood Guide

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

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,182,782

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%

Best Schools in Meadowvale Village, Mississauga

Elementary Schools

St Veronica
Public680 Novo Star Drive, Meadowvale Village, Mississauga, Ontario, L5W 1C7
6.7
Le Flambeau
Public600 Novo Star Drive, Meadowvale Village, Mississauga, Ontario, L5W 1G4
7.8
St Julia
Public6770 Historic Trail, Meadowvale Village, Mississauga, Ontario, L5W 1J3
6.7
St Barbara
Public1455 Samuelson Circle, Meadowvale Village, Mississauga, Ontario, L5N 7Z2
8.3
Ange-Gabriel
Public1830 Meadowvale Boulevard, Mississauga, Ontario, L5N 7L2
6.8

Secondary Schools

St. Marcellinus
Catholic730 Courtneypark Drive West, Meadowvale Village, Mississauga, Ontario, L5W 1L9
7.9
Mississauga Secondary
Public550 Courtneypark Drive West, Meadowvale Village, Mississauga, Ontario, L5W 1L9
6.7
West Credit SS
PublicWest Credit Avenue, Mississauga, Ontario, L5N 7J9
0.9

Meadowvale Village, Mississauga Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

Need more details or a custom CMA?

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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.

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