38 Pine Avenue, Mississauga

Price: $1,900,000

5 bedrooms, 4 bathrooms

2,000 sq ft

Property Type: Single Family Home

MLS#: W12758974

Custom Built David Small-Designed Port Credit Show Stopper! Steps From The Lake, Beautiful Parks And Trails, Brightwater Development, Restaurants And Shopping. Immaculately Maintained Inside And Out. Bright Spacious Rooms W/Great Energy, Pot Lights And Hardwood Floors Throughout. Cathedral And Vaulted Ceilings In All Primary Rooms. Recently Renovated 10' Sliding Door Walkout Basement Along W/Kitchenette And Hookups For Laundry. Oversized Tandem 2 Car Garage W/10'X8' Door Can Accommodate 2 Lifts. Massive Pool Sized, Landscaped Yard W/Garden Shed And Irrigation System. Primary Ensuite Boasts Heated Floors. Severable Lot For Retirement Planning.

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$1,900,000 - 38 Pine Avenue, Mississauga

Single Family Home for Sale in Mississauga

5Beds
4Baths
2,000Sq Ft
Single Family Home
Property Details
MLS Number
W12758974
Property Type
Single Family Home
Status
active
Days on Market
7
Bedrooms
5
Bathrooms
4
Square Feet
2,000 sqft
City
Mississauga
Description

Custom Built David Small-Designed Port Credit Show Stopper! Steps From The Lake, Beautiful Parks And Trails, Brightwater Development, Restaurants And Shopping. Immaculately Maintained Inside And Out. Bright Spacious Rooms W/Great Energy, Pot Lights And Hardwood Floors Throughout. Cathedral And Vaulted Ceilings In All Primary Rooms. Recently Renovated 10' Sliding Door Walkout Basement Along W/Kitchenette And Hookups For Laundry. Oversized Tandem 2 Car Garage W/10'X8' Door Can Accommodate 2 Lifts. Massive Pool Sized, Landscaped Yard W/Garden Shed And Irrigation System. Primary Ensuite Boasts Heated Floors. Severable Lot For Retirement Planning.

Mortgage Calculator

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Estimated Payment

$8,404.34/mo

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5-yr fixed avg.

Principal: $1,520,000Interest: $1,001,302
Mortgage Amount$1,520,000
Total Interest$1,001,302
Est. Property Tax$1,346/mo
Total Cost$2,521,302

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

Neighbourhood Guide: Mississauga

Discover Mississauga

Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Mississauga

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

38 Pine Avenue, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$1,346
Insurance (est.)-$396
Net Cash Flow+$1,958

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $950/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

Investment Perspective

Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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