1527 Princelea Place

Introducing an exceptional opportunity to acquire a remarkable house for sale in Mississauga , located at 1527 Princelea Place, Mississauga. This expansive detached property is a true gem, boasting a generous layout that includes a total of 19 rooms, making it perfect for large families or those seeking to invest in a property with significant income potential. The house for sale in Mississauga is situated in the desirable East Credit community, an area known for its family-friendly atmosphere and proximity to essential amenities.

This impressive two-storey brick home features a total of nine bedrooms, providing ample space for family living or potential rental arrangements. The main residence includes five generously sized bedrooms, two of which are equipped with private ensuites, ensuring comfort and privacy for all occupants. The house for sale in Mississauga is designed with a focus on functionality, offering three well-appointed kitchens that cater to various culinary needs. Whether you are hosting family gatherings or preparing meals for tenants, this home is equipped to handle it all.

In addition to the main living space, the property includes two self-contained basement units, each featuring two bedrooms, private entrances, and full kitchens. These units are ideal for extended family, guests, or as rental opportunities, providing an excellent source of additional income to help offset mortgage payments. The separate entrance to the basement ensures privacy for both the main house and the tenants, making this house for sale in Mississauga a versatile option for investors or families looking for financial flexibility.

The expansive family room, complete with a charming wood-burning fireplace, creates a warm and inviting atmosphere, perfect for relaxation and entertaining. The central air conditioning system ensures comfort throughout the home, while the forced air heating system provides warmth during the cooler months. The property is unfurnished, allowing new owners to personalise the space to their liking.

One of the standout features of this house for sale in Mississauga is the generous lot size of 45 by 112 feet, providing ample outdoor space for children to play or for gardening enthusiasts to cultivate their green thumbs. While there is no pool on the property, the expansive yard offers plenty of potential for outdoor activities. The built-in garage accommodates two vehicles, with additional parking space available for three more, ensuring that there is ample room for family and guests.

Located at 1527 Princelea Place, Mississauga, this home is conveniently situated near Eglinton and Creditview, providing easy access to public transport and major roadways. The East Credit community is well-regarded for its excellent schools, parks, and recreational facilities, making it an ideal location for families. With no additional land included, the focus remains on maximising the living space within the property itself.

In summary, this house for sale in Mississauga is a rare find, offering a unique blend of spacious living, income potential, and a prime location. With its nine bedrooms, three kitchens, and two self-contained basement units, this property stands out as an exceptional investment opportunity or a perfect family home. Don't miss your chance to own this extraordinary property at 1527 Princelea Place, Mississauga. Whether you are looking to accommodate a large family or seeking a lucrative investment, this house for sale in Mississauga is the perfect choice for you. Seize this opportunity to secure a home that truly meets your needs and aspirations.

East Credit is a charming and well-established neighbourhood located in the city of Mississauga, Ontario. Known for its picturesque tree-lined streets and a harmonious blend of residential homes, this area offers a peaceful suburban lifestyle while being conveniently close to urban amenities. Residents enjoy easy access to a variety of parks, recreational facilities, and shopping centres, making it an ideal spot for families and individuals alike. The community is well-served by public transport and is in proximity to major highways, ensuring that commuting to nearby Toronto or other parts of Mississauga is both convenient and efficient. With its welcoming atmosphere and a strong sense of community spirit, East Credit presents a delightful place to call home.

Schools in the Neighbourhood

This property is ideally situated near a variety of educational institutions, making it an excellent choice for families. Within a short distance, you will find several public and Catholic schools catering to different age groups. Sherwood Mills Public School, located just 0.5 km away, serves elementary grades K to 5, while Fallingbrook Middle School, 0.9 km from the property, accommodates grades 6 to 8. For secondary education, Rick Hansen Secondary School, which has a respectable school rating of 6.1, is only 1.1 km away, and Streetsville Secondary School boasts an impressive rating of 7.6, located 2.4 km from the home. Additionally, St. Herbert Elementary School, a Catholic institution with a rating of 6.2, is conveniently located 0.8 km away, and St. Joseph Secondary School, rated 8.3, is just 1.3 km from the property. With a mix of English and French language programs, as well as a range of grades from K to 12, this area offers diverse educational opportunities, ensuring your children receive quality education close to home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,006 residents, with an average household size of 3.6. The demographic profile indicates a relatively mature community, with an average age of 40.1 years. The average household income is notably high at $164,000, reflecting a prosperous neighborhood, although 7.8% of the population is classified as low-income. The real estate market shows an average property price of $1,090,000, indicating a demand for housing in this region. A significant portion of the population, 39.53%, is single, while 62.5% of households include children, suggesting a family-friendly environment. Additionally, 56.06% of residents are immigrants, contributing to the area's cultural diversity. Renters make up 14.55% of the housing market, with condominiums representing a small fraction at 3.64%. The community is well-educated, with 70.73% of residents holding a college or university degree. However, a notable 39.63% of the population is not in the labor force, which may reflect various factors, including retirement or other personal circumstances. Overall, this area presents a vibrant and diverse community with a strong emphasis on education and family life.