550 Mermaid Crescent, Mississauga, ON

$1,399,999
MLS#:W10412251
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3 beds
4 baths
2000-2500 sqft
4.0 parking
Residential Freehold
Sold property - 3 Bed, 4 Bath Home at 550 Mermaid Crescent Mississauga ON listed at $1,399,999 (MLS# W10412251) - Main View
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This property was sold on January 8, 2025. Listing is for reference only.
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Added:Nov 7, 2024(681 days ago)
Updated:Jan 8, 2025(619 days ago)
Last Checked:6 minutes ago

Property Highlights

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Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of Lakeview. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,399,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 32.81 x 86.89 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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Your search ends here! Stunning executive townhome offering 3 extremely rare premiums! 1- Double car garage and driveway (allowing for 4 cars); 2- END/CORNER unit (allowing for loads of natural sunlight); 3- LARGE PREMIUM LOT. With its stone/stucco facade, this home is breathtaking from outside to in. An extremely functional layout, that offers 9ft ceilings on the main, hardwood and ceramic floors, a large kitchen with center island, granite counters, undermount sink, subway backsplash, and stainless steel appliances. Spacious eating area that walks out to a deck with BBQ gas line, an elegant living/dining room area, a private family room that leads to the large yard, a sizable, large bedrooms. The primary bdrm is south-west facing with large windows, allowing for loads of natural sunlight. Minutes from major highways, many amenities, and steps from the lake, this one must be seen!

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Property Summary

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This townhouse located at 550 Mermaid Crescent, Mississauga is currently for sale and has been available on SousaSells for 681 days. This property is listed at $1,399,999 with an estimated mortgage of $4,660* per month. It has 3 beds, 4 bathrooms, and is 2000-2500 square feet. 550 Mermaid Crescent, Mississauga is in the Lakeview neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Lakeview, Mississauga.

Highly Recommended for Families
What We Love About This Home
  • •3 spacious bedroom layout offering versatile living space
  • •4 well-appointed bathrooms
  • •2000-2500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Mississauga.

Target Buyer Match

Key Features

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Bedrooms
3
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

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StatusSold
Sold DateJanuary 8, 2025
Sold price information is available to members only
AddedNov 7, 2024 (681 days ago)
UpdatedJan 8, 2025 (619 days ago)
Last Checked6 minutes ago
Transaction TypeFor Sale
List Office NameRE/MAX PREMIER INC.

Property Details

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Property Sub-TypeAtt/Row/Townhouse
Architectural Style3-Storey
ConstructionStone, Stucco (Plaster)
BasementFinished
Lot Size32.81 Ă— 86.89 Feet
CountyPeel
Annual Tax$6,172.15
Rental ItemsTankless Water Heater $141.99/month
Legal DescriptionPLAN 43M2003 PT BLK 20 RP 43R36960 PARTS 121 AND 225

Parking & Garage

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Parking Total4.0
Parking Space2
Garage TypeBuilt-In

Heating & Cooling

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Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

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Property Features

  • Fenced Yard
  • Marina
  • Park
  • Public Transit
  • Rec./Commun.Centre
  • School

Interior Features

  • Central Vacuum

Security Features

None listed

Community Features

None listed

Property History

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No historical data available for this property.

This could be the first listing for this address.

Mississauga Homeowner & Seller AdvisoryVerified Sold Comp

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This property at 550 Mermaid Crescent, Mississauga, ON has closed. If you own a home on this street or nearby in Mississauga, recent market trends and verified sold prices directly determine your home equity.

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Frequently Asked Questions about 550 Mermaid Crescent, Mississauga, ON

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Q.What is the asking price for 550 Mermaid Crescent, Mississauga, ON ?

The current listing price for 550 Mermaid Crescent, Mississauga, ON in Lakeview, Mississauga is $1,399,999.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.

Q.What property type and architectural style is 550 Mermaid Crescent, Mississauga, ON ?

550 Mermaid Crescent, Mississauga, ON is a Att/Row/Townhouse (3-Storey) featuring a Finished basement.

Q.What key property features does 550 Mermaid Crescent, Mississauga, ON offer?

Key property features include: Fenced Yard, Marina, Park, Public Transit, Rec./Commun.Centre, School.

Q.What interior features are included in this home?

Interior highlights include: Central Vacuum.

Q.Is parking available at this property?

Yes, this property offers parking space for 4.0 vehicles (Built-In).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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550 Mermaid Crescent, Mississauga, ON
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Lakeview, Mississauga

SAFETY RATING8.7 / 10
Low Incident Area
Total Annual Incidents102 incidents / yr
Average Per Month8.5 incidents / mo
Population Benchmark23,000 residents
Personal Safety
Low

38 assaults (165.2/100k)

Property Security
Low

18 B&E (78.3/100k)

Auto Theft Risk
Elevated

24 thefts (104.3/100k)

1-Year Trend
â–Ľ 3.8%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Peel Regional Police (PRP) Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Pricing & Value Insights

Data-driven valuation for 550 Mermaid Crescent, Mississauga, ON L5G 0B3

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Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Lakeview, Mississauga Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Lakeview, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,406,160

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Best Schools in Lakeview, Mississauga

Elementary Schools

Queen of Heaven
Public1198 Alexandra Avenue, Lakeview, Mississauga, Ontario, L5E 2A5
8.2
St Dominic
Public515 Hartsdale Avenue, Mineola, Mississauga, Ontario, L5G 2G7
6.1
St. James
CatholicSaint James Avenue, Lakeview, Mississauga, Ontario, L5E 1G4
8.4
Mineola
Public145 Angelene Street, Mineola, Mississauga, Ontario, L5G 1Z4
7.1
St Edmund
Public1250 Melton Drive, Dixie, Mississauga, Ontario, L4Y 1L5
9.2

Secondary Schools

St. Paul
Catholic815 Atwater Avenue, Lakeview, Mississauga, Ontario, L5E 1L8
7.7
Port Credit SS
PublicPort Credit, Mississauga, Ontario
7.2
Applewood Heights SS
PublicApplewood, Mississauga, Ontario, L4Y 2K1
5.4

Lakeview, Mississauga Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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