553 Mermaid Crescent, Mississauga, ON
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Property Highlights
Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of Lakeview. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,311,000 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.
- 3 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 16.43 x 91.68 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 553 Mermaid Cres. in the heart of Lakeview this Executive Townhouse promises a blend of modern elegance and practical convenience. Boasting 3 generously-sized bedrooms and 4 bathrooms, this home offers ample space for family living. The main floor's 9ft ceilings, combined with large windows, fill the home with natural light, The large kitchen, equipped with a center island, quartz countertops, undermount sink, subway backsplash, and stainless steel appliances, is a chef's dream. The Primary Bedroom has a large walk in closet and beautiful ensuite. The home's stone and brick facade exudes amazing curb appeal. The Backyard is Private and backs on to a Private Park. Situated in Lakeview village it is located close Go Transit, Lake Ontario, parks, trails and minutes to downtown Toronto and Pearson Airport. **EXTRAS** Roughed in Central Vac, Family Room access to Garage, and walk out to Backyard. Gas Line for BBQ
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Pricing & Value Insights
Data-driven valuation for 553 Mermaid Crescent, Mississauga, ON L5G 0B3
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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 $1,311,000 in Mississauga, the legal minimum down payment is $262,200 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 $22,695 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 $22,695.
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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.
