3138 Merritt Avenue, Mississauga, ON

$649,900
MLS#:W12353101
3 beds
2 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Malton. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $649,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 40 x 100 ft lot
  • Features a ["separate entrance", "partially finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: In-Law Capability, Primary Bedroom - Main Floor
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to this charming detached home in one of Malton's most desirable neighbourhoods! Sitting on a spacious lot, this property offers an incredible opportunity. Whether you're looking to move right in, generate rental income, or build your new custom dream home from the ground up, this property's possibilities are endless. This updated bungalow features 2+1 spacious bedrooms, 1.5 bathrooms, an eat-in kitchen, two tranquil covered porches and a bright, functional layout with thoughtful updates throughout. The finished basement with a separate entrance has amazing potential to be transformed into a basement apartment, perfect for multi-generational living or as an income-generating unit. There's space to enjoy now and room to grow in the future. Whether you're an investor, a builder, or a first-time buyer looking for a property with serious upside, this one checks all the boxes. Excellent location, steps from public transit, places of worship, schools, parks, shopping, and more. With easy access to major highways and the airport, this home offers unbeatable convenience!

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 2, 2025
Sold price information is available to members only
Listed Date8/19/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionAluminum Siding
Lot Size40 × 100 Feet
CountyPeel
Annual Tax$3,752
Legal DescriptionLT 121, PL 436 ; MISSISSAUGA

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Public Transit, Place Of Worship, School

Community Features

Location

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3138 Merritt Avenue, 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 3138 Merritt Avenue, Mississauga, ON L4T 1P3

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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Financial Audit

Estimated Costs

Loan Amount$519,920
Monthly Mortgage$3,021
Property Tax (Est.)$313
Utilities & Maint.$350
Total Monthly Cost$3,684

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Mississauga.

City & Neighborhood Guide

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

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$797,374

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 Raphael
Public3470 Clara Drive, Malton, Mississauga, Ontario, L4T 2C7
6.3
Holy Cross
Public3615 Morning Star Drive, Malton, Mississauga, Ontario, L4T 1Y4
4.9
Khalsa Malton
Public7280 Airport Road, Malton, Mississauga, Ontario, L4T 0A4
10.0
Humberwood Downs
Public850 Humberwood Boulevard, Etobicoke, Toronto, Ontario, M9W 7A6
7.1
Holy Child
Public850 Humberwood Boulevard, Etobicoke, Toronto, Ontario, M9W 7A6
3.8

Secondary Schools

Ascension of Our Lord
Public7640 Anaka Drive, Malton, Mississauga, Ontario, L4T 3H7
4.9
Father Henry Carr
Public1760 Martin Grove Road, Etobicoke, Toronto, Ontario, M9V 3S4
4.4
West Humber
Public1675 Martin Grove Road, Etobicoke, Toronto, Ontario, M9V 3S3
6.2

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.