1527 Princelea Place
East Credit
Mississauga
L5M 3N9
$1,499,000
Residential Freehold
beds: 9
baths: 6.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- W12705044
- Bedrooms:
- 9
- Bathrooms:
- 6
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Exceptionally spacious and versatile 5-bedroom detached home with incredible income potential! This well maintained property features two self-contained basement units, each with 2 bedrooms, private entrances, and full kitchens-ideal for extended family, rental income, or mortgage support. Live comfortably in the main home while the basement units generate a significant portion of your mortgage payment. Perfect for investors or large families seeking flexibility and financial freedom. Located in a desirable neighborhood close to schools, transit, and amenities. Don't miss this rare opportunity to own a multi-income property in a prime location. This expansive and exceptionally spacious home offers the perfect blend of comfort, functionality, and income potential. Featuring 5 generously sized bedrooms, including two with private ensuites, the main residence is ideal for a large or growing family. The oversized kitchen provides ample room for cooking, gathering, and entertaining, while the beautiful family room with a wood-burning fireplace creates a warm and inviting space to relax. Adding tremendous value are two self-contained basement units, each offering 2 bedrooms, with separate shared laundry for downstairs tenants-perfect for extended family, guests, or rental opportunities. With abundant living space throughout and excellent income potential, this home is an outstanding option for a large family seeking comfort and flexibility, or for homeowners looking to offset expenses with additional rental income. Great for investors
- Property Type:
- Residential Freehold
- Property Sub Type:
- Detached
- Home Style:
- 2-Storey
- Approx. Age:
- 16-30
- Total Approx Floor Area:
- 3000-3500
- Lot Depth:
- 111'7"34 m
- Lot Frontage:
- 45'⅛"13.7 m
- Direction Faces:
- North
- Bedrooms:
- 9
- Bathrooms:
- 6.0
- Water supply:
- Municipal
- Kitchens:
- 3
- Bedrooms Above Grade:
- 9
- Kitchens Above Grade:
- 3
- Rooms Above Grade:
- 19
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Fireplaces:
- 1
- Foundation:
- Concrete
- Roof:
- Shingles
- Basement:
- Separate Entrance, Apartment
- Fireplace/Stove:
- Yes
- Garage:
- Built-In
- Garage Spaces:
- 2.0
- Parking Spaces:
- 3
- Total Parking Spaces:
- 5.0
- Family Room:
- Yes
- Possession Details:
- Flexible
- Pool:
- None
- Link:
- No
- HST Applicable To Sale Price:
- Not Subject to HST
- Assessment:
- $856,000
- Assessment Year:
- 2025
- Taxes:
- $8,850 / 2025
- Assessment:
- $856,000.00 / 2025
- Peel
- Mississauga
- East Credit
- In-Law Suite
- 2 fridges, 3 stoves, 2 washers, 2 dryers. all light fixtures. garage door opener.
- Brick
- No
- Floor
- Type
- Size
- Other
- Main
- Living Room
- 20'6.10 m × 11'5"3.48 m
- Hardwood Floor, Bay Window, Combined w/Dining
- Main
- Dining Room
- 13'9"4.19 m × 11'5"3.48 m
- Combined w/Living, Hardwood Floor
- Main
- Family Room
- 20'2"6.15 m × 12'3.66 m
- Hardwood Floor, Fireplace
- Main
- Office
- 12'1"3.68 m × 12'3.66 m
- Hardwood Floor
- Main
- Kitchen
- 13'3.96 m × 11'5"3.48 m
- Ceramic Floor, Window
- Main
- Breakfast
- 18'5.49 m × 10'3.05 m
- Bay Window
- Second
- Primary Bedroom
- 21'10¼"6.66 m × 12'2"3.71 m
- 5 Pc Ensuite, Walk-In Closet(s)
- Second
- Bedroom 2
- 12'2"3.71 m × 12'3.66 m
- Double Closet
- Second
- Bedroom 3
- 13'9"4.19 m × 12'3"3.73 m
- Closet
- Second
- Bedroom 4
- 16'4.88 m × 11'5"3.48 m
- Closet
- Second
- Bedroom 5
- 13'7"4.14 m × 11'5"3.48 m
- Closet
- Basement
- Living Room
- Measurements not available
- Laminate
- Basement
- Bedroom
- Measurements not available
- Laminate
- Basement
- Bedroom 2
- Measurements not available
- Laminate
- Basement
- Living Room
- Measurements not available
- Laminate
- Basement
- Bedroom
- Measurements not available
- Laminate
- Basement
- Bedroom 2
- Measurements not available
- Laminate
- UFFI:
- No
- Utilities Cable:
- Available
- Utilities Telephone:
- Available
- Utilities Gas:
- Yes
- Utilities Hydro:
- Yes
- Utilities Water:
- Yes
- Sewers:
- Yes
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Central Air
- Central Vacuum:
- No
- Seller Property Info Statement:
- Yes
- Laundry Level:
- Main Level
Larger map options:
Listed by RIGHT AT HOME REALTY
Data was last updated January 18, 2026 at 04:15 AM (UTC)
Area Statistics
- Listings on market:
- 44
- Avg list price:
- $1,399,450
- Min list price:
- $978,000
- Max list price:
- $3,598,000
- Avg days on market:
- 60
- Min days on market:
- 0
- Max days on market:
- 158
These statistics are generated based on the current listing's property type
and located in
East Credit. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- HomeLife Landmark Realty Inc.
- 7240 Woodbine Ave #103, Markham, ON L3R 1A4
- (905) 305-1600
- Contact by Email
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
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