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1527 Princelea Pl, Mississauga, Ontario L5M 3N9

Detached
9
6
~3000-3500 sqft
$1,499,000
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Detached
9
6
~3000-3500 sqft

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Highlights

Property Estimate

Estimated valueNot available

Price/Sqft$464/sqft

Monthly cost

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Description

Exceptionally spacious and versatile 5-bedroom detached home with incredible income potential! This well maintained property features two self-contained basement units, each with 2 bedrooms, private entrances, and full kitchens-ideal for extended family, rental income, or mortgage support. Live comfortably in the main home while the basement units generate a significant portion of your mortgage payment. Perfect for investors or large families seeking flexibility and financial freedom. Located in a desirable neighborhood close to schools, transit, and amenities. Don't miss this rare opportunity to own a multi-income property in a prime location. This expansive and exceptionally spacious home offers the perfect blend of comfort, functionality, and income potential. Featuring 5 generously sized bedrooms, including two with private ensuites, the main residence is ideal for a large or growing family. The oversized kitchen provides ample room for cooking, gathering, and entertaining, while the beautiful family room with a wood-burning fireplace creates a warm and inviting space to relax. Adding tremendous value are two self-contained basement units, each offering 2 bedrooms, with separate shared laundry for downstairs tenants-perfect for extended family, guests, or rental opportunities. With abundant living space throughout and excellent income potential, this home is an outstanding option for a large family seeking comfort and flexibility, or for homeowners looking to offset expenses with additional rental income. Great for investors


Property Details

Style2-Storey
View-
Age of property16-30
SqFt~3000-3500 SqFt
Lot Size5,020 SqFt(111.55 x 45.01)
Parking Spaces5
MLS ®NumberW12705044
Community NameEast Credit
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Sep Entrance, Apartment

Main Floor

Living

6.1 x 3.48

hardwood floor / Bay Window / Combined W/Dining

Dining

4.19 x 3.48

Combined W/Living / hardwood floor

Family

6.15 x 3.66

hardwood floor / Fireplace

Office

3.69 x 3.66

Hardwood Floor


Features

Lot size: 5,020 SqFt

Parking

Garage spaces 2

Garage type Built-In

Other parking spaces 3

Total parking spaces 5


Property History

Date unavailable
ListedActive
$1,499,000
< 1h on market
Listing by trreb®
Property listed by RIGHT AT HOME REALTY, Brokerage
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Market Data - East Credit

Geo Zone Map ThumbnailEast Credit

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

42 days

Compared to

2025

34 days

2024

28 days

2023

38 days

New Listings

Past 30 days

13 listings

Compared to

2025

10 listings

2024

13 listings

2023

7 listings

Units sold

Past 30 days

12 units

Compared to

2025

10 units

2024

12 units

2023

8 units

Median Sold Price

Past 30 days

$1,255,500

Compared to

2025

$1,302,500

2024

$1,225,621

2023

$1,415,500


Population and Demographics

Overview

Total population 62078
Average household income $148,586

Age (%)

0 to 19
21%
20 to 34
23%
35 to 49
17%
50 to 64
24%
65 and plus
15%

Household composition (%)

Single family
84%
Single person
11%
Multi family
3%
Multi person
3%

Mother tongue (%)

English
46%
Urdu
10%
Arabic
7%
Yue (Cantonese)
6%
Mandarin
5%
Punjabi (Panjabi)
4%
Tagalog (Pilipino, Filipino)
3%
Vietnamese
3%
Tamil
2%
Others
2%
Portuguese
1%

House tenancy (%)

Owners
82%
Renters
18%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget