2531 Morrison Avenue, Mississauga, ON L5C 3J6, Mississauga, ON
Bed 7
Bath 6
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.
Property Highlights
For Sale
MLS NO.
W13106760
Type
Residential Freehold
Sub Type
Detached
Bedrooms
7
Bathrooms
6
Parking
8.0
Garage
Yes
Complete Property Details
Property Type
Residential Freehold
Sub Type
Detached
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
W13106760
Living Area Range
3000-3500
Total Bedrooms
7
Bedrooms Above Grade
4
Bedrooms Below Grade
3
Total Bathrooms
6
Total Kitchens
3
Kitchens Above Grade
1
Kitchens Below Grade
2
Rooms Above Grade
9
Rooms Below Grade
5
Interior Features
Central Vacuum, Carpet Free
Fireplace
Yes
Fireplace Features
Natural Gas
Central Vacuum Yn
Yes
Construction
Brick
Roof
Shingles
Lot Width
48.0
Parking Features
Private
Parking Total
8.0
Covered Spaces
2.0
Garage Type
Attached
Garage
Yes
Pool
None
Direction Facing
South
Cooling
Central Air
Heat Source
Gas
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
2531 Morrison Avenue, Mississauga, ON L5C 3J6
City
Mississauga
Neighbourhood
Erindale
County / Region
Peel
Province / State
ON
Postal Code
L5C 3J6
Cross Street
Mavis Road & Paisley Blvd West
Directions
Mavis Road & Paisley Blvd West
Country
CA
List Price
$2,249,000
Annual Taxes
$10,287
Tax Year
2025
Legal Description
PT LT 11, RANGE 1 SDS TT , PART 11, 12, 13 & 14 , 43R22348 , S/T VS353688 PARTIALLY RELEASED BY RO467074 ; S/T RO1151282E MISSISSAUGA
Possession Type
Flexible
Possession Details
Flexible
Listing Office
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Board
Toronto Regional Real Estate Board
Original Entry
2026-05-09T13:23:32Z
Media Updated
2026-06-08T22:37:35Z
Photos Updated
2026-06-08T22:37:35Z
Last Modified
2026-06-24T00:48:38Z
System Modified
2026-07-06T21:38:22.368977Z
MLS Status
Terminated
Architectural Style
2-Storey
Basement
Apartment
Ddfyn
Yes
Expiration Date
2026-09-10
Foundation Details
Unknown
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Hstapplication
Included In
Link Yn
No
Occupant Type
Owner
Originating System Id
A00001796
Parcel Number
133610873
Parking Spaces
6
Public Remarks
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.
