Turnkey Investment & First-Time Buyer Opportunity Legal Duplex with Strong Rental Income & Prime Location This rare semi-detached bungalow with 1100 sq ft upstairs and 700 sq ft lower unit, on a premium extra-wide pie-shaped lot is a perfect opportunity for both investors and first-time buyers. Featuring a legal duplex with two independent units, this property offers immediate cash flow and the chance to build equity in a high-demand, transit-accessible neighborhood.The main floor unit includes 3 bright bedrooms, 1 bathroom, and a spacious living area with a new walk-out deck, ideal for homeowner or tenant enjoyment, perfect for entertaining, gardening, or relaxing. The legal basement apartment, with its separate entrance, offers 1 bedroom, 1 bathroom, a full kitchen, separate laundry room, and open living space currently rented to a reliable tenant, generating strong increasing rental income to offset your mortgage or boost returns.Future-proofed with a new furnace, air conditioner, and new underground pipes, this home ensures low maintenance and long-term profitability. Located within walking distance to parks, schools, and the Meadowvale GO Station, this property attracts quality tenants growing families or commuters.Whether you're seeking a hands-off, income-generating investment with future growth potential or a smart starter home in a family-friendly neighborhood, this legal duplex delivers stability, versatility, and value. Dont miss this unique opportunity! 1100 sq ft upstairs + 700 sq ft legal lower
Property Type:
Residential Freehold
Property Sub Type:
Semi-Detached
Home Style:
Bungalow-Raised
Total Approx Floor Area:
1100-1500
Depth:
177'1"54 m
Frontage:
24'2"7.36 m
Direction Faces:
North
Bedrooms:
3+1
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
4
Rooms Below Grade:
3
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Apartment, Separate Entrance
Fireplace/Stove:
No
Garage:
Built-In
Garage Spaces:
1.0
Parking Features:
Private Double
Parking Spaces:
2
Total Parking Spaces:
3.0
Family Room:
No
Possession Details:
TBD
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$5,562.19 /
2025
Assessment:
$- /
-
Mississauga
Meadowvale
Peel
In-Law Suite
2 FRIDGES, 2 STOVES, 2 WASHERS, 2 DRYERS, ALL ELFS, ALL WINDOW COVERINGS, HOT WATER TANK (OWNED) Note - Fireplace in 3rd bedroom is not Wett certified.
Data was last updated August 19, 2025 at 06:15 AM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$914,000
Min list price:
$649,900
Max list price:
$1,188,000
Avg days on market:
38
Min days on market:
6
Max days on market:
61
These statistics are generated based on the current listing's property type
and located in
Meadowvale. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
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.