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$1,499,000Asking Price

1527 Princelea Place, Mississauga, ON L5M 3N9

East Credit, Mississauga

Detached
9
Bedrooms
6
Baths
5
Parking
Days on Market

Exceptionally spacious and versatile 5-bedroom detached home with incredible income potential! This well maintained property features two self-contained basement units, each with 2 bedrooms, private entrances, and full kitchens-ideal for extended family, rental income, or mortgage support. Live comfortably in the main home while the basement units generate a significant portion of your mortgage payment. Perfect for investors or large families seeking flexibility and financial freedom. Located in a desirable neighborhood close to schools, transit, and amenities. Don't miss this rare opportunity to own a multi-income property in a prime location. This expansive and exceptionally spacious home offers the perfect blend of comfort, functionality, and income potential. Featuring 5 generously sized bedrooms, including two with private ensuites, the main residence is ideal for a large or growing family. The oversized kitchen provides ample room for cooking, gathering, and entertaining, while the beautiful family room with a wood-burning fireplace creates a warm and inviting space to relax. Adding tremendous value are two self-contained basement units, each offering 2 bedrooms, with separate shared laundry for downstairs tenants-perfect for extended family, guests, or rental opportunities. With abundant living space throughout and excellent income potential, this home is an outstanding option for a large family seeking comfort and flexibility, or for homeowners looking to offset expenses with additional rental income. Great for investors

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Exceptionally spacious and versatile 5-bedroom detached home with incredible income potential! This well maintained property features two self-contained basement units, each with 2 bedrooms, private entrances, and full kitchens-ideal for extended family, rental income, or mortgage support. Live comfortably in the main home while the basement units generate a significant portion of your mortgage payment. Perfect for investors or large families seeking flexibility and financial freedom. Located in a desirable neighborhood close to schools, transit, and amenities. Don't miss this rare opportunity to own a multi-income property in a prime location. This expansive and exceptionally spacious home offers the perfect blend of comfort, functionality, and income potential. Featuring 5 generously sized bedrooms, including two with private ensuites, the main residence is ideal for a large or growing family. The oversized kitchen provides ample room for cooking, gathering, and entertaining, while the beautiful family room with a wood-burning fireplace creates a warm and inviting space to relax. Adding tremendous value are two self-contained basement units, each offering 2 bedrooms, with separate shared laundry for downstairs tenants-perfect for extended family, guests, or rental opportunities. With abundant living space throughout and excellent income potential, this home is an outstanding option for a large family seeking comfort and flexibility, or for homeowners looking to offset expenses with additional rental income. Great for investors

Key Info

  • 2-Storey Detached
  • 3-Car Driveway
  • 2-Car Built-In Garage
  • Eglinton and Creditview
  • 3000-3500 Approximate Sq Feet
  • 16-30 Years Approximate Age
  • Basement Apartment
  • 3 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 45.01 x 111.55 Feet
  • Brick Exterior
  • Taxes were $8,850 in 2025
  • Possession: Flexible

Details

  • Fireplace
  • Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #W12705044
  • RIGHT AT HOME REALTY

Extras

Room Floor Dimensions Details
1 Office Main 12.11' x 12.01' Hardwood Floor
2 Kitchen Main 12.99' x 11.42' Ceramic Floor, Window
3 Breakfast Main 18.01' x 10.01' Bay Window
Washroom1 5-Piece Bathroom
Washroom1 4-Piece Bathroom
Washroom1 3-Piece Bathroom
Washroom1 2-Piece Bathroom on Main Floor
Washroom2 3-Piece Bathrooms

Who lives here?

East Credit, Mississauga is a west GTA neighbourhood notable for its university grads, business and science professionals and salespeople. It has a higher than average population of immigrants, particularly those from India and Pakistan, and Arabic and Urdu speakers. Residents tend to be younger with a significant number of kids aged 10 to 14, youth aged 15 to 24 and adults aged 25 to 29, 25 to 29, 25 to 29 and 25 to 29.

Families

Kids Per Family

1.7

kids per family
in the neighbourhood.

Mississauga  (1.4)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

43% of residents are
single and loving it.

43% singles

Mississauga (44%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

17% of residents
are renters.

17% renters

Mississauga (29%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

51% of residents are
university grads.

51% university grads

Mississauga (45%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$143K

is the average household
income in the neighbourhood.

Mississauga  ($125K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 15%
Business 13%
Sciences 8%
Management 7%
Trades 7%

Immigrants

64% of residents were
born outside of Canada.

64% immigrants

Mississauga (56%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

India was once home to 13.7% of immigrants.
Pakistan 8.4%
Philippines 4.9%
China 4.8%
Egypt 2.9%

13.7% from India
All-time

Birthplace - Recent

India was once home to 2.0% of immigrants.
Pakistan 1.7%
Egypt 0.8%
China 0.7%
Philippines 0.6%

2.0% from India
Recent

Foreign Languages

Foreign Languages

Urdu 9%
Arabic 7%
Cantonese 5%
Punjabi 4%
Mandarin 3%

Religions

Religions

Christian 51%
Muslim 17%
Hindu 12%
Sikh 4%
Buddhist 4%