521 Nanak Road, Mississauga, ON

$1,628,000
MLS#:W11963653
4 beds
4 baths
2500-3000 sqft
6.0 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This listing is no longer active (Sold)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 detached located in the coveted neighborhood of Fairview. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,628,000 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.

  • 4 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 45.25 x 118.01 ft lot
  • Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This spacious 4-bedroom, 3.5-bathroom home is located on a quiet side street and boasts 2,852 sq. ft. of living space above grade, along w/a finished basement, w/a Cold Room, Utility Room and a Storage Room! Situated on a large pie-shaped lot, the property features a west-facing backyard that widens to 69.25 feet at the rear, providing plenty of outdoor space. The home offers a double-door entry, a grand Scarlet O'Hara staircase, and a driveway that accommodates 4 cars w/no sidewalk. Inside, you'll find a gas fireplace in the family room, most windows replaced for better insulation, and convenient access from the home into the garage. There's also the potential for a separate entrance to the basement through the laundry room. Additional highlights include 3 solar powered Skylights that bring in extra natural light, a spacious master bedroom w/a walk-in closet, and a 7-piece ensuite bathroom. Fantastic Family Friendly Neighbourhood with Great Schools, minutes from Transit, Parks with Tennis Courts, h Highways, Hospitals , Square One shopping center and the new LRT, making it a perfect blend of comfort, style, and convenience.

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Key Features

Bedrooms
4
Bathrooms
4
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 20, 2025
Sold price information is available to members only
Listed Date2/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFull
Lot Size45.25 × 118.01 Feet
CountyPeel
Annual Tax$8,463.05
Legal DescriptionPCL 216-1 SEC 43M827; LT 216 PL 43M827 ; MISSISSAUGA

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Central Vacuum

Security Features

Community Features

Location

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521 Nanak Road, 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 521 Nanak Road, Mississauga, ON L5B 3X2

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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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$325,600 (20.0%)
* Minimum Canadian down payment required for this price is $325,600.
Amortization Period25 Years
Estimated Monthly Payment$7,761Based on a loan of $1,302,400 over 25 years.
Purchase Price$1,628,000
Loan Amount$1,302,400
Provincial Land Transfer Tax:$29,035
Total Estimated Closing Taxes:$29,035

About Purchasing a Home in Mississauga, ON

For a property listed at $1,628,000 in Mississauga, the legal minimum down payment is $325,600 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 $29,035 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 $29,035.

Nearby Listings

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No current listings found in Mississauga.

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City & Neighborhood Guide

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

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$921,857

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

Bishop Scalabrini
Public225 Central Parkway West, Fairview, Mississauga, Ontario, L5B 3J5
6.4
Elm Drive
Public100 Walford Court, Fairview, Mississauga, Ontario, L5B 1T8
4.9
St Philip
Public345 Fairview Road West, Fairview, Mississauga, Ontario, L5B 3W5
7.2
Father Daniel Zanon
Public450 Hillcrest Avenue, Cooksville, Mississauga, Ontario, L5B 4J3
7.6
Corpus Christi
Public4155 Elora Drive, Creditview, Mississauga, Ontario, L5B 3N4
6.4

Secondary Schools

Father Michael Goetz
Public330 Central Parkway West, Fairview, Mississauga, Ontario, L5B 3K6
4.0
Iona SS
Public1585, Mississauga Valleys, Mississauga, Ontario, L5A 3W9
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.