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2531 Morrison Avenue Mississauga, Ontario L5C 3J6

7 Bedroom 6 Bathroom 3000 - 3500 sqft
Fireplace Central Air Conditioning Forced Air

$2,249,000

Rare Opportunity in Highly Sought-After Huron Park! Fully Renovated Executive Detached Home Featuring Two Legal Self-Contained Basement Apartments Generating Approximately $4,000 Per Month ($48,000 Annually) in Rental Income. Ideal for families seeking mortgage-helper income, multi-generational living, or investors looking for a turnkey asset in one of Mississauga's most established neighborhoods. Situated on an exceptional 48 x 200 ft premium lot, this extensively updated home offers the perfect blend of lifestyle, flexibility, and long-term value. The legal income suites provide an exceptional opportunity to offset carrying costs while maintaining privacy and flexibility for owner-occupants. The main and upper levels showcase a beautifully renovated kitchen with custom cabinetry, a center island, a designer backsplash, modern lighting, engineered hardwood flooring, updated bathrooms, and fresh paint throughout. Major upgrades include an updated furnace, electrical panel, garage doors, window glass, custom blinds, lighting, and numerous additional improvements throughout the home. The two legal self-contained apartments with separate entrances provide immediate income potential while offering flexibility for extended family or multi-generational living. Conveniently located minutes from QEW, Highway 403, Square One, transit, schools, parks, and community amenities. Situated on a rare deep lot with future potential (buyer to conduct own due diligence). A turnkey opportunity combining luxury living, built-in income, and exceptional long-term value in a mature, high-demand Mississauga neighborhood. Thoughtfully designed with Vastu principles. (id:61852)

Property Details

MLS® Number W13106760
Property Type Single Family
Community Name Erindale
EquipmentType Water Heater - Gas, Water Heater
Features Carpet Free
ParkingSpaceTotal 8
RentalEquipmentType Water Heater - Gas, Water Heater

Building

BathroomTotal 6
BedroomsAboveGround 4
BedroomsBelowGround 3
BedroomsTotal 7
Age 16 To 30 Years
Amenities Fireplace(s)
Appliances Central Vacuum, Dishwasher, Dryer, Stove, Washer, Refrigerator
BasementFeatures Apartment In Basement
BasementType N/a
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick
FireplacePresent Yes
FireplaceTotal 1
FoundationType Unknown
HalfBathTotal 2
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 3000 - 3500 Sqft
Type House
UtilityWater Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 201 Ft
SizeFrontage 48 Ft
SizeIrregular 48 X 201 Ft ; *see Sched. C For Full Legal Description
SizeTotalText 48 X 201 Ft ; *see Sched. C For Full Legal Description

https://www.realtor.ca/real-estate/29727788/2531-morrison-avenue-mississauga-erindale-erindale

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Maxium Dsouza
Salesperson


Royal LePage Real Estate Services Ltd.
4101 Yonge St Unit 502a
Toronto, Ontario M2P 1N6

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