HN
7208 Hermitage Road, Mississauga, ON L4T 2S4, Mississauga, ON
+16 photos
$1,149,900

7208 Hermitage Road, Mississauga, ON L4T 2S4, Mississauga, ON

Mississauga, ON L4T 2S4
6 beds 4 baths Detached

About this home

Welcome to this immaculate 3+3 bedroom, 4 washroom detached bungalow in a highly desirable neighborhood where homes are rarely available. Situated on a huge 50 x 125 ft lot with a double car garage, this bright and spacious home is in move-in condition and filled with natural light. The main level features hardwood and ceramic flooring throughout, while the large 3-bedroom basement with a separate entrance offers excellent rental income potential. This well-maintained home clearly reflects pride of ownership and is ready to impress even the most discerning buyers. Surrounded by newly built multi-million dollar homes, this property offers exceptional value in a prestigious and evolving area. This one will not last. Conveniently located close to all amenities, including Westwood Mall, schools, places of worship, transit, GO Station, the airport, and major highways. Extras: All ELF's, 2 fridges, 2 stoves, washer, dryer, all window coverings, and garage door opener.

Property Score

64/ 100
Overall Property Score
good

A blend of both buyer and investor metrics.

Score breakdown
Walkability
65/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
78/100great
GO Transit, LRT, and bus access from this neighborhood.
Schools
75/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
106% of city avggood
Priced above Mississauga's average of $1,085,000.
Appreciation Trend
+2.4%/yrgreat
Mississauga has seen +2.4% YoY price change.
Monthly Cash Flow
-$1,980/mopoor
Estimated -$1,980/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
3.55%good
Net operating income divided by purchase price.
Basement Suite Potential
+$1,770/moexcellent
Existing/legal suite estimated at $1,770/mo additional income.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # W13072972
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.

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