1242 Mcbride Avenue, Unit Lower 1, Mississauga, ON

$1,600/mo
MLS#:W14167398
2 beds
1 baths
1100-1500 sqft
1.0 parking
Residential Freehold
Residential Freehold for sale - 2 Bed, 1 Bath Home at 1242 Mcbride Avenue Mississauga ON listed at $1,600 (MLS# W14167398) - Main View
For Lease

GTA Transit & Commute from this Address

Realistic rush-hour travel times from 1242 Mcbride Avenue

GO Train to Union Station

Port Credit / Clarkson GO: 25–35 min train to Union

Highway Access

401, 403, 410 & QEW: 3–6 min drive

Airport & Regional Link

Pearson Airport (YYZ): 12–18 min drive

Added:Nov 10, 2026(1 day ago)
Updated:Nov 10, 2026(1 day ago)
Last Checked:9 minutes ago

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Erindale. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,600 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 1100-1500 sqft
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • Ample parking with 0.0 garage spaces (1.0 total parking spaces) with a convenient attached configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Bright Lower Level Suite, All Windows Above Grade. Separate Entrance from Side Yard. Steps to Bus Stop/Top-Rank Schools/Parks, Minutes to GO Train Stations, Shopping Malls, Major Highways, UTM & Sheridan College Mississauga Campus. 1 Bedroom Plus Large Den, Both with Above Ground Windows. Kitchen Combine with Living, Quartz Counter-top. Shared Laundry. Perfect for Working Single/Couple and Student. **EXTRAS** Fantastic Raised - Bungalow Backing Onto Excellent Springfield Park, Close To Top Rank Schools, Transit, Community Center, Go Train, Shopping Malls, Hwys, 1 Bus To Sq1 & Much More. 25% Utilities Share.

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Property Summary

This detached home located at 1242 Mcbride Avenue, Mississauga is currently for sale and has been available for 1 day. This property is listed at $1,600 with an estimated mortgage of $5* per month. It has 2 beds, 1 bathroom, and is 1100-1500 square feet. 1242 Mcbride Avenue, Mississauga is in the Erindale neighborhood.

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

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Erindale, Mississauga.

Great for Small Household / Couples
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •1100-1500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Price$1,600/mo
AddedNov 10, 2026 (1 day ago)
UpdatedNov 10, 2026 (1 day ago)
Last Checked9 minutes ago
Transaction TypeFor Lease
List Office NameBAY STREET GROUP INC.

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Stucco (Plaster)
BasementFinished, Separate Entrance
CountyPeel

Parking & Garage

Parking Total1.0
Parking Space1
Garage Parking0.0
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Park
  • Place Of Worship
  • School
  • Public Transit
  • River/Stream

Interior Features

  • Carpet Free

Security Features

None listed

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 2-bedroom detached at 1242 Mcbride Avenue, Unit Lower 1, 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.

Mississauga Homes for Sale & MLS® Listings

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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: $5*/month*. Estimated Ontario Land Transfer Tax: $8. 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 1242 Mcbride Avenue, Unit Lower 1, Mississauga, ON

Q.What is the asking price for 1242 Mcbride Avenue, Unit Lower 1, Mississauga, ON ?

The current listing price for 1242 Mcbride Avenue, Unit Lower 1, Mississauga, ON in Erindale, Mississauga is $1,600.

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

This property features 2 bedrooms and 1 bathroom across approximately 1100-1500 sqft.

Q.What property type and architectural style is 1242 Mcbride Avenue, Unit Lower 1, Mississauga, ON ?

1242 Mcbride Avenue, Unit Lower 1, Mississauga, ON is a Detached (Bungalow-Raised) featuring a Finished, Separate Entrance basement.

Q.What key property features does 1242 Mcbride Avenue, Unit Lower 1, Mississauga, ON offer?

Key property features include: Park, Place Of Worship, School, Public Transit, River/Stream.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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1242 Mcbride Avenue, Unit Lower 1, Mississauga, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Erindale, Mississauga

SAFETY RATING9.0 / 10
Low Incident Area
Total Annual Incidents72 incidents / yr
Average Per Month6.0 incidents / mo
Population Benchmark25,000 residents
Personal Safety
Very Low

24 assaults (96.0/100k)

Property Security
Very Low

14 B&E (56.0/100k)

Auto Theft Risk
Moderate

18 thefts (72.0/100k)

1-Year Trend
â–¼ 4.5%

Improving vs previous year

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

Formula: (Annual Occurrences / Population) × 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 1242 Mcbride Avenue Lower 1, Mississauga, ON L5C 1M8

Estimated Sales Range
$2,000 - $2,000

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$480 (30.0%)
* Minimum Canadian down payment required for this price is $80.
Amortization Period30 Years
Estimated Monthly Payment$5Based on a loan of $1,120 over 30 years.
Purchase Price$1,600
Loan Amount$1,120
Provincial Land Transfer Tax:$8
Total Estimated Closing Taxes:$8

About Purchasing a Home in Mississauga, ON

For a property listed at $1,600 in Mississauga, the legal minimum down payment is $80 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 $8 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 $8.

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Erindale, Mississauga Neighborhood Guide

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

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,526,718

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 Erindale, Mississauga

Elementary Schools

McBride Avenue
Public974 McBride Avenue, Erindale, Mississauga, Ontario, L5C 1L6
5.0
John XXIII
Public915 McBride Avenue, Erindale, Mississauga, Ontario, L5C 1M1
8.0
Hawthorn
Public2473 Rosemary Drive, Erindale, Mississauga, Ontario, L5C 1X1
7.1
Springfield
Public3251 The Credit Woodlands, Erindale, Mississauga, Ontario, L5C 2J7
6.5
St Gerard
Public1300 McBride Avenue, Erindale, Mississauga, Ontario, L5C 1M8
6.1

Secondary Schools

Erindale SS
PublicErindale, Mississauga, Ontario
6.2
The Woodlands School
Public3225 Erindale Station Road, Erindale, Mississauga, Ontario, L5C 1Y5
8.3
St. Martin
Catholic2470 Rosemary Drive, Erindale, Mississauga, Ontario, L5C 1X2
4.9

Erindale, 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.

MLS® Active
$1,600

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