7516 Magistrate Terrace, Mississauga, ON
Property no longer active
This property was sold on November 20, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Meadowvale Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,000 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.
- 4 Bedrooms and 4 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 22.52 x 105.31 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Attention First Time Home Buyers & Investors! Welcome to 7516 Magistrate Terrace! This Beautiful 2 Storey Detached Home Will Bring Your Search To A Screeching Halt! This Rarely Offered Gem Features 3+1 Spacious Bedrooms & 3.5 Washrooms. Very Practical Layout, Plenty Of Windows Fill The Space With An Abundance Of Natural Light. Hardwood Flooring Throughout Main & Second Floor. The Main Floor Features A Spacious Combined/Living Dining & Elegant Kitchen With Walk Out To The Rear Yard. Ascend To The Second Floor Which Features 3 Spacious Bedrooms, All With Hardwood Flooring & Spacious Closets. Master Bedroom With 4 Piece Ensuite & Walk In Closet! Second Full Washroom On Upper Level Is A Rare Offering! Third Bedroom With Access To Balcony! Descend To The Fully Finished Basement Which Is Equipped With Pot Lights & Features A Spacious Bedroom! Full Washroom In The Basement. Deep Lot Assures The Driveway Has Ample Parking Space. Step Into The Backyard To Enter Your Own Personal Oasis, Featuring A Wood Gazebo. This Is The Perfect Place For Kids To Play, Entertaining Your Guests, & Much More. Nestled In A Quiet & Mature Neighborhood With True Pride Of Ownership! The Combination Of Living Space & Location Make This The Perfect Place To Call Home!
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Property Summary
This detached home located at 7516 Magistrate Terrace, Mississauga is currently for sale and has been available on SousaSells for 622 days. This property is listed at $899,000 with an estimated mortgage of $2,992* per month. It has 4 beds, 4 bathrooms, and is 1500-2000 square feet. 7516 Magistrate Terrace, Mississauga is in the Meadowvale Village neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 7516 Magistrate Terrace, Mississauga, ON L5W 1L3
Based on 0 recent similar sales in the pocket.
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 $899,000 in Mississauga, the legal minimum down payment is $64,900 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 $14,455 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 $14,455.
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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.