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New2 hours ago

1540 Trotwood Avenue

Mineola, Mississauga

$1,199,000

Detached|Bungalow
3 | 2 | 3
About this home

Unlock the full potential of this solid brick bungalow set on a premium 52' x 138.5' lot in one of Mississauga's most desirable neighbourhoods. Surrounded by luxury custom homes, this is a rare opportunity to renovate, rebuild, or design your dream residence in a high-demand pocket with proven long-term value. This property offers a functional layout with 3 bedrooms, 2 bathrooms, and a separate entrance to the lower level-ideal for creating an income suite or in-law setup. The spacious basement features a large recreation area, wood-burning fireplace, and wet bar, providing a strong foundation for those looking to modernize and add value. An additional room offers flexibility for a home office, gym, or workshop conversion. The deep lot delivers exceptional privacy with a peaceful, tree-lined backdrop-perfect for a custom build or luxury outdoor living space. With no sidewalk, the property accommodates multiple vehicles with ease, including a private driveway and attached garage. Located just minutes from Port Credit, the waterfront, marinas, restaurants, and top-rated schools. Enjoy quick access to GO Transit, major highways, downtown Toronto, and Pearson Airport-making this location ideal for both end-users and future resale.Whether you're a builder looking for your next project, an investor seeking upside, or a handyman ready to transform a property in a premium location-this is your opportunity to create something exceptional in Mineola.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$7,134
Lot Size52 ft x 138.5 ft
mls© NumberW13788870
Listed ByROYAL LEPAGE CERTIFIED REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,137
Property tax
$595
Heat allowance
$150
Housing costs
$6,882 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $239,800
25-yr amortization

Income needed

$212,000

gross annual household income

Payment at 4%
$5,046 / mo
Cash down
$239,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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