Home with brick exterior material, street for 5213 Palomar Cres, Mississauga Ontario L5R 2W8
2 hours on Market

5213 Palomar Cres, Mississauga, Ontario L5R 2W8

Detached
4 + 2
4
~2500-3000 sqft
$1,250,000
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Detached
4 + 2
4
~2500-3000 sqft

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Highlights

Property Estimate

Days on market2 hours

Estimated valueNot available

Price/Sqft$458/sqft

Monthly cost

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Description

Renovation Opportunity with Income! This detached home is a currently income-producing rental generating $5,600/month+Utilities, offering an excellent opportunity for investors or end-users looking to add value through renovations. Fantastic location-minutes to City Centre, Square One Mall, LRT, and major highways including 403, 401, 407 & QEW. The property features a double garage, 4+2 bedrooms, and a spacious, bright main living area. The finished basement includes a separate entrance, second kitchen, second laundry, and additional living space-ideal for extended family or future rental income.A strong investment opportunity with solid cash flow today and significant upside potential in the future.


Property Details

Style2-Storey
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size3,736 SqFt(112.33 x 33.26)
Parking Spaces7
MLS ®NumberW12690858
Community NameHurontario
Data SourceTRREB
Listing byHOME AND BUSINESS REALTY

Features

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

Main Floor

Living

4.1 x 3.5

hardwood floor / Combined W/Dining / Crown Moulding


Features

Lot size: 3,736 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 5

Total parking spaces 7


Property History

Jan 13, 2026
ListedActive
$1,250,000
2 hours on market
history photo preview31
Listing by trreb®
Property listed by HOME AND BUSINESS REALTY, Brokerage
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Market Data - Hurontario

Geo Zone Map ThumbnailHurontario

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

28 days

Compared to

2025

39 days

2024

44 days

2023

28 days

New Listings

Past 30 days

12 listings

Compared to

2025

8 listings

2024

5 listings

2023

5 listings

Units sold

Past 30 days

12 units

Compared to

2025

8 units

2024

2 units

2023

10 units

Median Sold Price

Past 30 days

$1,143,500

Compared to

2025

$1,262,000

2024

$1,370,500

2023

$1,267,500


Population and Demographics

Overview

Total population 54520
Average household income $123,900

Age (%)

0 to 19
19%
20 to 34
23%
35 to 49
18%
50 to 64
22%
65 and plus
17%

Household composition (%)

Single family
73%
Single person
21%
Multi person
4%
Multi family
2%

Mother tongue (%)

English
49%
Urdu
6%
Arabic
6%
Mandarin
5%
Yue (Cantonese)
5%
Tagalog (Pilipino, Filipino)
4%
Vietnamese
3%
Punjabi (Panjabi)
3%
Portuguese
2%
Tamil
2%
Polish
2%
Spanish
1%
Hindi
1%
Others
0%

House tenancy (%)

Owners
74%
Renters
26%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget