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New2 hours ago

40 Pinewood Trail

Mineola, Mississauga

$2,500,000

Detached|1 1/2 Storey
4 | 2 | 9
About this home

A rare opportunity to own an exceptional property on an impressive 100 x 258 ft south-facing lot-just over 0.6 of an acre-in the heart of prestigious Mineola. Properties of this scale are increasingly hard to find, offering an incredible canvas to renovate, reimagine or create the home you have always envisioned. Set back from the road, a circular driveway welcomes you to this private, mature property surrounded by lush greenery, magnificent trees and magnolia off patio. A striking Beech tree creates an impressive presence at the front of the home, while the expansive backyard is highlighted by a beautiful Weeping Willow, adding to the peaceful, established setting. The deep, south-facing grounds offer exceptional privacy, natural light and incredible space for outdoor living and entertaining. Inside, the existing residence features oversized principal rooms, hardwood floors, 4 spacious bedrooms and 2 full bathrooms, providing tremendous potential for those looking to transform the home to suit their own style and needs. Mineola is one of Mississauga's most desirable neighbourhoods, celebrated for its estate-sized properties, mature tree canopy and proximity to Port Credit's waterfront, restaurants, shops, GO Transit, top schools, parks and the QEW. Adding to the location's long-term appeal, the future LRT will provide enhanced connectivity along the Hurontario corridor, with convenient access to Port Credit GO and the broader regional transit network.An extraordinary combination of lot size, privacy, and location-this is a special opportunity to make it your own and create something truly remarkable in Mineola.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$13,999
Lot Size100 ft x 258.85 ft
mls© NumberW14014150
Listed ByROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL EST

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%
$12,796
Property tax
$1,167
Heat allowance
$150
Housing costs
$14,113 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $500,000
25-yr amortization

Income needed

$434,000

gross annual household income

Payment at 4%
$10,520 / mo
Cash down
$500,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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