542 Lana Terrace, Mississauga, ON

$869,900
MLS#:W12392187
3 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Backsplit 3"] semi-detached located in the coveted neighborhood of Mississauga Valleys. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $869,900 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 with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 34 x 116 ft lot
  • Features a ["separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Carpet Free, Storage, Water Heater
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Nestled in one of Mississauga's most prestigious communities, this beautifully maintained three-level back-split offers the perfect blend of comfort, space, and convenience! Featuring three spacious bedrooms, a bright and expansive living/dining area, and an upgraded eat-in kitchen with ample cupboard space, this home is thoughtfully designed for family living and entertaining. Gleaming hardwood and laminate floors throughout add warmth and elegance.Enjoy the benefits of a newer roof and a separate entrance leading to the lower level, which features a 3-piece washroom, a cozy fireplace, a laundry area, and a basement kitchenan ideal setup with huge potential for an in-law suite or rental income.With parking for three vehicles, this home checks all the boxes. Located just minutes from Square One Shopping Centre and close to the upcoming Hurontario LRT, with quick access to highways, top-rated schools, shopping, and places of worship this is Mississauga living at its finest!

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 25, 2025
Sold price information is available to members only
Listed Date9/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
ConstructionBrick
Lot Size34 × 116 Feet
CountyPeel
Annual Tax$4,771
Legal DescriptionPT LT 124 PL 922 MISSISSAUGA AS IN RO1059267 ; S/T VS199822 ; MISSISSAUGA; SUBJECT TO EXECUTION 96-01282, IF ENFORCEABLE

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

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

Features

Property Features

Hospital, Library, Other, Park, Place Of Worship, Rec./Commun.Centre

Community Features

Location

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542 Lana Terrace, Mississauga, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Mississauga Valleys, Mississauga.

Verified Local Data
Population6,202,225
Median Age40.1 Yrs
Ownership72% Owners
Avg Area List Price$646,010

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

Canadian Martyrs
Public1185 Mississauga Valley Boulevard, Mississauga Valleys, Mississauga, Ontario, L5A 3R7
6.0
Metropolitan Andrei
Public515 Mississauga Valley Boulevard, Mississauga Valleys, Mississauga, Ontario, L5A 3G6
6.8
Elm Drive
Public100 Walford Court, Fairview, Mississauga, Ontario, L5B 1T8
4.9
Sts Peter & Paul
Public4205 Woodington Drive, Rathwood, Mississauga, Ontario, L4Z 1K2
6.9
René-Lamoureux
Public385 Meadows Boulevard, Rathwood, Mississauga, Ontario, L4Z 1G5
8.2

Secondary Schools

Iona SS
Public1585, Mississauga Valleys, Mississauga, Ontario, L5A 3W9
6.2
Father Michael Goetz
Public330 Central Parkway West, Fairview, Mississauga, Ontario, L5B 3K6
4.0
John Cabot
Public635 Willowbank Trail, Rathwood, Mississauga, Ontario, L4W 3L6
4.4

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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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 542 Lana Terrace, Mississauga, ON L5A 3B3

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.

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Financial Audit

Estimated Costs

Loan Amount$695,920
Monthly Mortgage$4,044
Property Tax (Est.)$398
Utilities & Maint.$350
Total Monthly Cost$4,792

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.

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.