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11 days on Market

3050 Lenester Dr, Mississauga, Ontario L5C 2B9

Detached
4 + 2
3
- sqft
$1,450,000
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Detached
4 + 2
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$6,227/mo

Tax Amount (2024)$7,081/yr

Days On Market11 days


Description

Attention investors looking for a great cash flow and homeowners looking for a property that will pay your mortgage+! 2 units with potential for 3rd unit. Perfect garden suite potential (ADU). Rare opportunity to own this just renovated 4 bedroom, 3 full bathroom home with self-contained 2 bedroom in-law suite with separate entrance and separate everything. PLUS large corner lot perfect for a Garden Suite. Potentially creating 3 units. City of Mississauga pre-approved garden suite plans included. Gorgeous, renovated home to attract highest rents and best tenants. Or a beautiful home to live and earn income. New flooring throughout, quartz counter tops, freshly painted in designer colours, 10 appliances, new roof, and the list goes on. 5 parking spots. The large corner lot is perfect for building a garden suite with access to the street and still having a side yard on other side of house. See drawing attached to listing. (Or use as a high income student rental with 7 bedrooms plus potential garden suite. 7 min bus ride to U o T Mississauga Campus. Before renovations, used as a student rental generating significant $$$ positive cash flow.) Check out Multi-Media Tour and Video!


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size8,160 SqFt(120 x 68)
Parking Spaces5
MLS ®NumberW11990402
Community NameErindale
Data SourceTRREB
Listing byIPRO REALTY LTD.

Features

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

Lower Floor

Br

3.33 x 3.33

Rec

3.33 x 3.58

Br

4.27 x 3.35

Kitchen

3.38 x 2.72


Features

Lot size: 8,160 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 3

Total parking spaces 5


Property History

Feb 27, 2025
ListedActive
$1,450,000
11 days on market
history photo preview38
Listing by trreb®
Property listed by IPRO REALTY LTD., Brokerage

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Market Data - Erindale

Geo Zone Map ThumbnailErindale

Strong Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

42 days

Compared to

2024

23 days

2023

11 days

2022

10 days

New Listings

Past 30 days

22 listings

Compared to

2024

13 listings

2023

7 listings

2022

3 listings

Units sold

Past 30 days

3 units

Compared to

2024

6 units

2023

10 units

2022

9 units

Median Sold Price

Past 30 days

$1,458,000

Compared to

2024

$1,492,500

2023

$1,533,500

2022

$1,930,000


Population and Demographics

Overview

Total population 22002
Average household income $135,085

Age (%)

50 to 64
22%
0 to 19
21%
20 to 34
20%
35 to 49
18%
65 and plus
18%

Household composition (%)

Single family
72%
Single person
21%
Multi person
5%
Multi family
2%

Mother tongue (%)

English
54%
Mandarin
8%
Polish
6%
Urdu
6%
Tagalog (Pilipino, Filipino)
4%
Portuguese
4%
Arabic
4%
Spanish
3%
Others
3%
Yue (Cantonese)
1%

House tenancy (%)

Owners
71%
Renters
29%

Schools and amenities

Estimated Budget