2531 MORRISON AVENUE, Mississauga (Erindale)

$1,999,999

For sale: Detached

Detached at 2531 MORRISON AVENUE, Mississauga (Erindale)
Property type
Detached
Bedrooms / bathrooms
7 bedrooms, 6 bathrooms
Living area
3,500 sqft
MLS®
MLS® W13484072
Neighbourhood
Erindale

Luxury living meets built-in income. This extensively renovated detached home features two legal self-contained basement apartments with separate entrances, offering estimated rental income potential of approxiamately $4,000/month, all situated on a rare 48x200 ft premium lot in one of Mississauga's most desirable neighbourhoods. Welcome to highly sought-after Huron Park, where this exceptional property offers the perfect blend of lifestyle, flexibility, and investment potential. The main and upper levels have been thoughtfully renovated and feature a modern kitchen with custom cabinetry, centre island and stylish backsplash, upgraded lighting, engineered hardwood flooring, updated bathrooms, and fresh paint throughout. The lower level offers exceptional flexibility for today's buyer, whether utilized for supplemental rental income, multi-generational living, accomodating extended family, or creating a private space for guests. Additional upgrades include an updated furnance, electrical panel, garage doors, window glass, light fixtures and custom blinds. Ideally located minutes from Highways 403 and QEW, Square One Shopping Centre, public transit, schools, parks and everyday amentities, Situated on a premium 48x200 ft lot , this property offers exceptional outdoor space and future potential, subject to buyer verification. A rare turnkey opportunity for families, investors, and those seeking a high-quality asset in one of Mississauga's most established and desirable communities.

Sold data

Detached homes in Mississauga (Erindale) — recent sold market

Detached homes in Mississauga (Erindale) took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 42, across 537 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.

The median sale price was $1,220,000.

Homes sold for about 3.8% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
23
Median sale price
$1,220,000
Sale-to-list ratio
96.2%
Sold above asking
13%

Based on 537 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Mississauga (Erindale)

Mississauga (Erindale) has 131 Fraser Institute–rated schools (96 elementary and 35 secondary), averaging 6.8/10.

Rated schools
131
Elementary
96
Secondary
35
Average rating
6.8 / 10

Top-rated schools in Mississauga (Erindale)

  • AI-Manarat Heights — elementary, MississaugaFraser rating 10.0/10
  • Kenollie — elementary, MississaugaFraser rating 10.0/10
  • Khalsa Malton — elementary, MississaugaFraser rating 10.0/10
  • Safa & Marwa Islamic — elementary, MississaugaFraser rating 10.0/10
  • St Rose of Lima — elementary, MississaugaFraser rating 9.7/10
  • Olive Grove — elementary, MississaugaFraser rating 9.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 2531 MORRISON AVENUE