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2531 Morrison Avenue

Erindale / Mississauga, ON L5C 3J6

NewActiveFor Sale
7 Beds
6 Baths
3,000 Sq Ft
Single Family Home
Virtual Tour Available

About This Property

Luxury living meets built-in income. This extensively renovated detached home features two legal self-contained basement apartments with separate entrances, offering estimated rental income potential of approxiamately $4,000/month, all situated on a rare 48x200 ft premium lot in one of Mississauga's most desirable neighbourhoods. Welcome to highly sought-after Huron Park, where this exceptional property offers the perfect blend of lifestyle, flexibility, and investment potential. The main and upper levels have been thoughtfully renovated and feature a modern kitchen with custom cabinetry, centre island and stylish backsplash, upgraded lighting, engineered hardwood flooring, updated bathrooms, and fresh paint throughout. The lower level offers exceptional flexibility for today's buyer, whether utilized for supplemental rental income, multi-generational living, accomodating extended family, or creating a private space for guests. Additional upgrades include an updated furnance, electrical panel, garage doors, window glass, light fixtures and custom blinds. Ideally located minutes from Highways 403 and QEW, Square One Shopping Centre, public transit, schools, parks and everyday amentities, Situated on a premium 48x200 ft lot , this property offers exceptional outdoor space and future potential, subject to buyer verification. A rare turnkey opportunity for families, investors, and those seeking a high-quality asset in one of Mississauga's most established and desirable communities.

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size3,000 sq ft
Bedrooms7
Bathrooms6
ListedJune 24, 2026
Postal CodeL5C 3J6

Features & Amenities

  • View
  • Fireplace
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® W13484072

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$1,999,999

asking price

MLS®W13484072
TypeSingle Family Home
CityMississauga
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$9,766

/month · $1,599,999 mortgage

Down Payment20% — $400,000
Interest Rate5.5%

Amortization

Total Interest

$1,329,878

Total Cost

$2,929,877

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

ROYAL LEPAGE REAL ESTATE SERVICES LTD.