5626 Palmerston Crescent, Mississauga, ON

$999,000
MLS#:W9397577
3 beds
4 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Central Erin Mills. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $999,000 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 1500-2000 sqft on a premium 22.83 x 118.1 ft lot
  • Features a finished with walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this charming semi-detached home in the heart of Streetsville, a true gem that blends modern upgrades with cozy living. This property boasts a fully finished walk-out basement, featuring a versatile bachelor or in-law suite complete with a second kitchen, perfect for extended family or rental potential. The main floor offers a bright, open-concept layout highlighted by a stunning three-sided gas fireplace, creating a warm ambiance for both everyday living and entertaining. You'll appreciate the sleek hardwood laminate flooring throughout, ensuring a clean, stylish feel without the hassle of carpets. The generously sized bedrooms provide ample space for relaxation, particularly the master suite which features a spacious sitting area and a luxurious 4-piece ensuite bathroom. Step outside to your backyard oasis, where a two-tiered deck surrounded by mature trees offers the perfect retreat for outdoor gatherings or quiet evenings at home. Recent upgrades enhance the appeal of this lovely home, including the removal of popcorn ceilings and the installation of pot lights in 2020, along with updated door handles and fresh paint. The master bedroom windows were upgraded in 2021, and both the master and second-floor bathrooms received full renovations that same year. The addition of a second-floor laundry room eliminates the need to trek down to the basement, adding convenience to your daily routine. Conveniently located near Credit Valley Hospital, this property is perfect for families or those looking for an investment opportunity. Dont miss your chance to own this delightful home in a vibrant community!

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Key Features

Bedrooms
3
Bathrooms
4
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 31, 2024
Sold price information is available to members only
Listed Date10/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural Style2-Storey
ConstructionBrick
BasementFinished with Walk-Out, Separate Entrance
Lot Size22.83 × 118.1 Feet
CountyPeel
Annual Tax$5,727.23
Legal DescriptionPcl Blk 149-31,Sec 43M1128;Pt Blk 149, Pl43M1128**

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Hospital, Library, Place Of Worship, Public Transit, School

Interior Features

None

Security Features

Community Features

Location

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5626 Palmerston Crescent, 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 5626 Palmerston Crescent, Mississauga, ON L5M 5Y6

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.

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Interest Rate5.25%
Down Payment$74,900 (7.5%)
* Minimum Canadian down payment required for this price is $74,900.
Amortization Period25 Years
Estimated Monthly Payment$5,507Based on a loan of $924,100 over 25 years.
Purchase Price$999,000
Loan Amount$924,100
Provincial Land Transfer Tax:$16,455
Total Estimated Closing Taxes:$16,455

About Purchasing a Home in Mississauga, ON

For a property listed at $999,000 in Mississauga, the legal minimum down payment is $74,900 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 $16,455 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 $16,455.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$992,874

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 Timothy
PublicStreetsville, Mississauga, Ontario, L5M 1X9
8.8
St Rose of Lima
Public4590 The Gallops, Central Erin Mills, Mississauga, Ontario, L5M 3A9
9.7
St Joseph
Public5555 Creditview Road, Streetsville, Mississauga, Ontario, L5V 2B9
6.0
Divine Mercy
Public2840 Duncairn Drive, Central Erin Mills, Mississauga, Ontario, L5M 5C6
6.6
St Herbert
Public5180 Fallingbrook Drive, Mississauga, Ontario, L5V 2C6
6.3

Secondary Schools

Streetsville SS
PublicStreetsville, Mississauga, Ontario, L5M 1L4
7.9
St. Joseph
Catholic5555 Creditview Road, Streetsville, Mississauga, Ontario, L5V 2B9
8.2
St. Aloysius Gonzaga
Catholic2800 Erin Centre Boulevard, Central Erin Mills, Mississauga, Ontario, L5M 6R5
7.7

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.