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New1 hour ago

1531 Glenburnie Road

Mineola, Mississauga

$1,999,999

Detached|2-Storey
5 | 2 | 4
About this home

Nestled in a peaceful, park-like setting, this spacious 5-bedroom home sits on an exceptional oversized lot measuring 57.38 x 382.78 feet, presenting a rare opportunity to create your dream home in a sought-after Mississauga location. Surrounded by greenery, the property offers an incredible combination of space, privacy, natural light, and endless potential. The main level features newer flooring in the foyer, living room, and dining room, while two skylights and expansive windows fill the interior with natural light and showcase tranquil green space views from the family room and kitchen. The spacious kitchen features refinished cabinetry and updated sliding doors leading to a large deck, perfect for outdoor entertaining and relaxation. A versatile second-floor sitting area offers additional space for a home office, children's playroom, or quiet retreat. Ideally located just minutes from the charming shops and restaurants of Port Credit, public transit, the QEW, and the marina, this property offers a peaceful setting with convenient access to everyday amenities. Whether you envision transforming this home into your forever residence, taking advantage of the expansive lot to create something truly special, or adding to your investment portfolio, the possibilities are endless. Excellent tenants currently reside in the home and are willing to stay, offering an attractive opportunity for investors seeking an established tenancy.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$14,257
Lot Size57.38 ft x 382.78 ft
mls© NumberW14151598
Listed BySAM 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%
$10,237
Property tax
$1,188
Heat allowance
$150
Housing costs
$11,575 / mo

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

Down payment20% · $400,000
25-yr amortization

Income needed

$356,000

gross annual household income

Payment at 4%
$8,416 / mo
Cash down
$400,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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