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 $1,950,000 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.
Calling all investors and value-add buyers! This rare detached property offers exceptional income and future development potential with a LEGAL 4-bedroom basement and the possibility of a second dwelling (subject to buyer verification and municipal approvals) on a generously sized lot. Situated in the highly sought-after East Credit community near Mavis and Eglinton this spacious home offers approximately 3,130 sq. ft. above grade PLUS a finished legal basement. The functional layout includes 9-foot ceilings on the main level, hardwood flooring, a separate den ideal for a home office, a spacious kitchen, a large family room, and five generously sized bedrooms with 3 full bathrooms on the upper level. The legal basement apartment features 4 bedrooms, 1.5 bathrooms, a family-sized kitchen, large windows, and excellent rental income. The spacious backyard further enhances the property's appeal. Ideally located just minutes from Highways 401 and 403, Square One Shopping Centre, GO Transit Heartland Town Centre, Costco, Walmart, restaurants, banks, schools, parks, and other everyday conveniences. A fantastic opportunity to secure a large property with strong rental income and outstanding long-term upside in one of Mississauga's most desirable neighbourhoods.
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Data-driven valuation for 751 White Clover Way, Mississauga, ON L5V 0C2
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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 $1,950,000 in Mississauga, the legal minimum down payment is $390,000 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 $35,475 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 $35,475.
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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.