Reel thumbnail
1 day on Market

4072 Colonial Dr, Mississauga, Ontario L5L 4K1

Detached
4 + 2
4
~2500-3000 sqft
$1,449,900
Get pre-qualifiedPowered by Neo Mortgage
Buy with Wahi to get
Up to
$14,499Cashback
Detached
4 + 2
4
~2500-3000 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$531/sqft

Est. Mortgage$6,227/mo

Tax Amount (2024)$7,270/yr

Days On Market1 day


Description

Detached 4-Bedroom Family Home with Income Potential Across from Thorncrest Park!Welcome to this beautifully renovated home in a highly sought-after, family-friendly neighbourhood. Perfectly located directly across from Thorncrest Park, this 4-bedroom residence offers upscale living with smart investment appeal. Step inside to a bright, freshly painted interior filled with natural light from multiple skylights and solar tubes. Enjoy formal living and dining areas, plus a cozy family room with a gas fireplace. The modern chefs kitchen features granite countertops, stainless steel appliances, and a sunny breakfast area with walkout to a private backyard retreat complete with custom patio and low-maintenance landscaping. Upstairs, the renovated bathrooms include premium fixtures and bidets, with the primary ensuite showcasing an electric, programmable model. High-end finishes continue throughout the home, including Andersen Signature Series windows and a durable 50-year metal roof, delivering long-term value and peace of mind. Smart features include a double garage with remote/keypad entry, parking for four cars, double keyless entry doors, and a built-in sprinkler system. Bonus: A separate, fully finished 2-bedroom suite offers ideal space for extended family or rental income, while solar panels generate additional revenue, making this home as practical as it is beautiful. Enjoy direct access to parks, tennis courts, and green space in a location that blends luxury, lifestyle, and income opportunity. A rare find don't miss your chance to make it yours!


Property Details

Style2-Storey
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size5,722 SqFt(115.31 x 49.63)
Parking Spaces6
MLS ®NumberW12088374
Community NameLower Erin Mills
Data SourceTRREB
Listing byRE/MAX PROFESSIONALS INC.

Features

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

Bsmt Floor

Kitchen

3.35 x 2.01

B/I Appliances

5th Br

4.05 x 3.46

Laminate / Mirrored Closet / Window

Rec

7.44 x 5.23

Laminate / Combined W/Kitchen

Br

3.96 x 3.35

Laminate / Closet / Window


Features

Lot size: 5,722 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 4

Total parking spaces 6


Property History

Apr 17, 2025
ListedActive
$1,449,900
1 day on market
history photo preview40
Listing by trreb®
Property listed by RE/MAX PROFESSIONALS INC., Brokerage

Get up to 1% cashback when you buy your dream home with Wahi Cashback

Cashback Banner Image

A new way to buy a home that puts cash back in your pocket.

  • Our in-house Realtors do more deals and bring that negotiating power into your corner
  • We leverage technology to get you more insights, move faster and simplify the process
  • Our digital business model means we pass the savings onto you, with up to 1% cashback on the purchase of your home

Market Data - Lower Erin Mills

Geo Zone Map ThumbnailLower Erin Mills

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

13 days

Compared to

2024

22 days

2023

12 days

2022

7 days

New Listings

Past 30 days

45 listings

Compared to

2024

23 listings

2023

23 listings

2022

53 listings

Units sold

Past 30 days

19 units

Compared to

2024

25 units

2023

19 units

2022

25 units

Median Sold Price

Past 30 days

$1,200,100

Compared to

2024

$1,575,000

2023

$1,368,258

2022

$1,688,000


Population and Demographics

Overview

Total population 41369
Average household income $143,772

Age (%)

50 to 64
22%
65 and plus
21%
0 to 19
20%
20 to 34
19%
35 to 49
17%

Household composition (%)

Single family
76%
Single person
20%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
66%
Polish
5%
Mandarin
4%
Arabic
4%
Urdu
4%
Others
3%
Tagalog (Pilipino, Filipino)
3%
Spanish
2%
Yue (Cantonese)
2%
Punjabi (Panjabi)
1%

House tenancy (%)

Owners
78%
Renters
22%

Schools and amenities

Estimated Budget