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East Credit, Mississauga
$1,649,000
Welcome to 1514 Portsmouth Place, an exceptional family home tucked away at the end of a quiet, family-friendly cul-de-sac in the highly desirable East Credit community of Mississauga. With no through traffic, this peaceful setting offers privacy, safety, and a true neighbourhood feel that's hard to find. Offering over 3,600 sqft of living space across three levels, this 4+1 bedroom, 4.5 bathroom home is thoughtfully designed to accommodate growing and multi-generational families. The bright and inviting main floor features formal living and dining rooms, perfect for entertaining, along with a welcoming family room with fireplace and a private home office. The kitchen is equipped with stainless steel appliances, granite countertops, ample cabinetry, and a bright breakfast area. A convenient powder room and carpet-free flooring complete this level. Upstairs, you'll find four spacious bedrooms and three full bathrooms. The primary suite includes a walk-in closet and a five-piece ensuite. A second bedroom offers its own four-piece ensuite, while two additional bedrooms share a semi-ensuite. Hardwood flooring and a second-floor laundry room add everyday convenience. The finished lower level offers outstanding flexibility with a second kitchen, fifth bedroom, full bathroom, and spacious recreation area-an ideal setup for multi-generational living, a private space for extended family, long-term guests, older children returning home, or potential income generation, subject to applicable approvals. Enjoy outdoor living with a raised deck and the added benefit of a double garage. Surrounded by parks, trails along the Credit River, and top-rated schools, this home is perfectly situated for families. With easy access to Highways 403 and 401, and just minutes to Square One, Heartland Town Centre, Streetsville GO, Erindale GO, and BraeBen Golf Course, this is a rare opportunity to own a remarkable home in one of Mississauga's most established and family-friendly neighbourhoods.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 2500-3000 sq. ft. |
| Property Tax | $8,995 |
| Lot Size | 31.99 ft x 123.75 ft |
| mls© Number | W13489832 |
| Listed By | SAM MCDADI REAL ESTATE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,440
- Property tax
- $750
- Heat allowance
- $150
- Housing costs
- $9,340 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$287,000
gross annual household income
- Payment at 4%
- $6,939 / mo
- Cash down
- $329,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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