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C$3,129,888

reducedC$

1298 Bunsden Ave, Mississauga, Ontario, L5H 3T9

bedrooms 5 Bedroom
|
washrooms 4 Bathroom
|
garages 3 Garage

MLS - #W12026398

FOR Sale

Description

Luxury 5+1 Bedroom Estate in Exclusive Mississauga Rd. Nestled on a quiet child-safe cul-de-sac in the prestigious Mississauga Golf & Country Club community, this 5+1 bedroom, 4 washroom estate offers unmatched luxury, elegance, and resort-style living. The home features a stone accent front, a huge patterned concrete driveway, a flagstone walkway, and beautifully landscaped gardens, all situated on a large pie-shaped lot. Step inside to a grand foyer leading to an open-concept layout with hardwood floors, custom millwork, and oversized windows that flood the space with natural light. A stunning 3-way fireplace seamlessly connects the living, dining, and family rooms. The gourmet chefs kitchen is a true masterpiece, showcasing Italian porcelain countertops with a book-matched backsplash, premium Thermador appliances, a large center island, and custom cabinetryperfect for entertaining and everyday living. The adjacent family room features a wet bar, step into the bright solarium, offering breathtaking views of the private landscaped backyard. The primary suite is a luxurious retreat, complete with a spa-like ensuite, walk-in closet, and serene backyard views. Four additional spacious bedrooms. A washer and dryer conveniently located upstairs. The finished basement is designed for entertainment, featuring a games room and a recreation room with a projector screen, in-law suites. Resort-Style Backyard Oasis Step outside to your private backyard retreat, featuring a saltwater pool, an outdoor shower stall, and meticulously maintained gardens, covered with mature trees. Prime Location this home offers privacy while being just minutes from top-rated schools, including Holy Name of Mary College School, as well as golf courses, fine dining, shopping, and major highways. Extraordinary Renovation with Quality Finishes. Approved with City Permits and Esa Certification. EV Charger - Ready Garage. Sprinkler System throughout the Garden.

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Property type

Detached

Style

2-Storey

Community

Sheridan

Lot size

6,480 Sqft

Garage spaces

3

Home Overview

Basement information

Finished, Full

Virtual tour

Mls® #

W12026398

Building size

3500-5000

Status

Active

Property sub type

Taxes

$14,427

Tax year

2025

Maintenance fee

N/A

Year built

--

Interior

# total bathrooms

4

# Full baths

4

# of above grade bedrooms

5

# of rooms

16

Family room available

Yes

Laundry information

Upper

Exterior

Construction materials

Stone

Other structures

# garage spaces

3

# parking spaces

8

Garage features

Attached

Has basement (y/n)

Yes

Has garage (y/n)

Yes

Drive

Amenities / Utilities

Cooling

Central Air

Heat source

Gas

Heat type

Forced Air

Sewers

Sewers

Location

Water source

Municipal

Area

Peel

Community

Sheridan

Community features

Cul De Sac, Electric Car Charger, Fenced Yard, Golf, Park, School

Directions

Mississauga Rd. & Gatley Rd.

walking  Walk Score for 1298 Bunsden Ave

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1. Determine the purchase price of the home.

2. Calculate the down payment (usually 5-20% of the purchase price in Canada).

3. Subtract the down payment from the purchase price to get the mortgage amount.

4. Choose a mortgage term (typically 5 years in Canada) and amortization period (usually 25-30 years).

5. Determine the interest rate (check current rates from Canadian lenders).

6. Use a mortgage calculator or formula to determine the monthly payment based on the mortgage amount, interest rate, and amortization period.

7. Factor in additional costs like property taxes, home insurance, and possibly mortgage insurance if the down payment is less than 20%.

8. Consider the impact of making accelerated bi-weekly payments instead of monthly payments to pay off the mortgage faster.

9. Review the total interest paid over the life of the mortgage.

10. Ensure the monthly payments fit within your budget, typically not exceeding 32% of your gross monthly income for housing costs.

Terms Explained

Home Value: The current market value or purchase price of the property.

Down Payment: The initial upfront portion of the total home purchase price paid by the buyer.

Mortgage Amount: The amount borrowed from a lender to purchase the home (Home Value minus Down Payment).

Interest Rate: The percentage charged by the lender for borrowing the money, usually expressed as an annual rate.

Mortgage Term: The length of time your mortgage agreement and interest rate are in effect (typically 1-5 years in Canada).

Amortization Period: The total length of time it will take to pay off the entire mortgage (usually 25-30 years in Canada).

Monthly Payment: The amount paid each month towards the mortgage, including principal and interest.

Principal: The original amount borrowed, which decreases as payments are made.

CMHC Insurance: Mortgage default insurance required for down payments less than 20% of the home's value.

Property Taxes: Annual taxes levied by local governments based on the property's assessed value.

Home Insurance: Coverage to protect the property against damage or loss.

Land Transfer Tax: A tax paid to the provincial government when purchasing a property.

Closing Costs: Additional expenses incurred when finalizing a home purchase (legal fees, inspections, etc.).

Prepayment Privileges: Options to pay extra towards the mortgage without penalties.

Fixed Rate Mortgage: A mortgage where the interest rate remains constant for the term.

Variable Rate Mortgage: A mortgage where the interest rate can fluctuate based on the prime rate.

Refinancing: The process of replacing an existing mortgage with a new one, often to take advantage of better terms or rates.

These terms are commonly used in mortgage calculations and discussions about home financing in Canada.
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