🔥 $350K Instant Equity. Basement Apartment. Mississauga Detached Under $1.2M! Available

Who’s looking for a profitable property?

Flippers get a $350K spread on a large Mississauga detached built in 2000, with only cosmetic work required. End users, enjoy a move-in ready home with an estimated $250K of instant equity!

This 2,750+ sq ft detached in Meadowvale Village is available for only $1.199M, while similar-sized detached homes in the neighbourhood are selling over $1.55M. Be sure to check out the comp from last summer that sold over $2M!!

The main home has four bedrooms, tall ceilings and plenty of space, while the finished basement is set up as a separate unit with a kitchen, full bathroom, and 2 bedrooms + a den. The lower unit is estimated to rent for $2,100-$2,500/month giving you over $25,000 / year in house hacking income!

Benefit from a quiet, established community with a distinctive heritage feel.  Schools, parks and conservation areas are all within walking distance, and you have quick access to Highways 401, 407 and 403 making it perfect for commuters!

How can you profit?

1 Move In With Equity – Buy a large detached home for under $1.2M in a pocket where properties of this size are consistently selling over $1.5M! End users can move in, update the cosmetics over time as desired, and benefit from a home more than $300K less expensive than recent comps without taking on a full renovation!

2 Cosmetic Wholetail / Flip – Improve the cosmetic finishes, stage, then relist! Properties in this neighbourhood of this size are consistently selling over $1.55M giving you a big $350K spread for cosmetic work!

3 House Hack – Live in the main home and rent the self-contained basement unit for an estimated $2,100-$2,500/month. That’s over $25,000/year in rental income! The basement already has a kitchen, full bathroom 2 bedrooms, a den (which can easily be used as a 3rd bedroom), and finished living space!

4 Realtors: Bring Your Buyers – This property is perfect for end users who want a large detached with immediate equity, and an in-law suite to help cover the bills. Or for investors looking for an easy project! Help your buyers get a huge discount on their next home! 2.5% Co-op included. 

SUMMARY:

• LOCATION: Mississauga, ON (Meadowvale Village)
• PURCHASE PRICE: $1,199,000 Or Best Offer (2.5% Co-op included for Realtors)
• AFTER REPAIR VALUE: $1,550,000
• CLOSING: November 25, 2026 (an earlier closing can be accommodated if preferred. This is an assignment sale.)
• TYPE: Detached Home
• BEDS/BATHS: 4+2 beds / 2.5+1 baths
• PARKING: 2-car garage plus 2 driveway spaces
• BASEMENT: Finished separate unit with 2 bedrooms, a den (which can be used as a 3rd bedroom) kitchen, full bathroom and 7ft 5 ceilings.
• SQFT: 2,768
• LOT: 42’ x 113’
• AGE: 2000
• PROPERTY TAX: $9,067 (2025)
• POSSESSION: Vacant

RENOVATIONS NEEDED:

• Complete cosmetic updates as desired.
• Slight water-damaged finishes in a basement bedroom from a previous kitchen leak.
• Some junk and furniture removal.
• Please view the pictures and videos for ideas on what you’d like to renovate.

GOOD NEWS:

• Move-in/rent-ready condition with minimal updates required
• $350K spread for flippers or significant instant equity for end users!
• Fully finished basement in-law suite with separate entrance. Estimated rent of $2,100-$2,500/month.
• 10 ft main-floor ceilings, 8 ft upper-floor ceilings and 7 ft 5 basement ceilings
• AC approximately 5 years old and the window glass was replaced last year.
• Approximately 4 minutes to Highways 401 and 407, with schools, parks and conservation areas within walking distance.

LISTING ID: 0726-MIS-F01

Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Josea Dussard, Tobias King & Georgia Godfrey
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors