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$1,449,900Asking Price

4072 Colonial Drive, Mississauga, ON L5L 4K1

Erin Mills, Mississauga

Detached
4 + 2
Bedrooms
4
Baths
6
Parking
Days on Market

Detached 4-Bedroom Family Home with Income Potential Across from Thorncrest Park!Welcome to this beautifully renovated home in a highly sought-after, family-friendly neighbourhood. Perfectly located directly across from Thorncrest Park, this 4-bedroom residence offers upscale living with smart investment appeal. Step inside to a bright, freshly painted interior filled with natural light from multiple skylights and solar tubes. Enjoy formal living and dining areas, plus a cozy family room with a gas fireplace. The modern chefs kitchen features granite countertops, stainless steel appliances, and a sunny breakfast area with walkout to a private backyard retreat complete with custom patio and low-maintenance landscaping. Upstairs, the renovated bathrooms include premium fixtures and bidets, with the primary ensuite showcasing an electric, programmable model. High-end finishes continue throughout the home, including Andersen Signature Series windows and a durable 50-year metal roof, delivering long-term value and peace of mind. Smart features include a double garage with remote/keypad entry, parking for four cars, double keyless entry doors, and a built-in sprinkler system. Bonus: A separate, fully finished 2-bedroom suite offers ideal space for extended family or rental income, while solar panels generate additional revenue, making this home as practical as it is beautiful. Enjoy direct access to parks, tennis courts, and green space in a location that blends luxury, lifestyle, and income opportunity. A rare find don't miss your chance to make it yours!

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Tour this home:

Detached 4-Bedroom Family Home with Income Potential Across from Thorncrest Park!Welcome to this beautifully renovated home in a highly sought-after, family-friendly neighbourhood. Perfectly located directly across from Thorncrest Park, this 4-bedroom residence offers upscale living with smart investment appeal. Step inside to a bright, freshly painted interior filled with natural light from multiple skylights and solar tubes. Enjoy formal living and dining areas, plus a cozy family room with a gas fireplace. The modern chefs kitchen features granite countertops, stainless steel appliances, and a sunny breakfast area with walkout to a private backyard retreat complete with custom patio and low-maintenance landscaping. Upstairs, the renovated bathrooms include premium fixtures and bidets, with the primary ensuite showcasing an electric, programmable model. High-end finishes continue throughout the home, including Andersen Signature Series windows and a durable 50-year metal roof, delivering long-term value and peace of mind. Smart features include a double garage with remote/keypad entry, parking for four cars, double keyless entry doors, and a built-in sprinkler system. Bonus: A separate, fully finished 2-bedroom suite offers ideal space for extended family or rental income, while solar panels generate additional revenue, making this home as practical as it is beautiful. Enjoy direct access to parks, tennis courts, and green space in a location that blends luxury, lifestyle, and income opportunity. A rare find don't miss your chance to make it yours!

Key Info

  • 2-Storey Detached
  • 4-Car Driveway
  • 2-Car Attached Garage
  • Burnhamthorpe and Winston Churchill
  • 2500-3000 Approximate Sq Feet
  • Basement Apartment
  • 2 + 1 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 49.63 x 115.31 Feet
  • Aluminum Siding/Brick Exterior
  • Taxes were $7,270 in 2024
  • Possession: Immediate

Details

  • Fireplace
  • Family Room
  • Central Vacuum
  • Sewers
  • Municipal Water
  •  
  • MLS #W12088374
  • RE/MAX PROFESSIONALS INC.

Extras

Room Floor Dimensions Details
1 Kitchen Ground 24.90' x 11.22' Breakfast Bar, Walkout To Yard, Granite Counters
Washroom1 2-Piece Bathroom on Main Floor
Washroom2 4-Piece Bathrooms
Washroom1 5-Piece Bathroom

Who lives here?

Erin Mills, Mississauga is a west GTA neighbourhood notable for its singles, executives, education, law & public sector professionals and salespeople. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 29, 25 to 29 and 25 to 29 and seniors aged 65 to 74.

Families

Kids Per Family

1.3

kids per family
in the neighbourhood.

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

Singles

45% of residents are
single and loving it.

45% singles

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

Renters

20% of residents
are renters.

20% renters

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

Education

43% of residents are
university grads.

43% university grads

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

Income

Average Household Income

$138K

is the average household
income in the neighbourhood.

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

Professions

Professions

Sales 15%
Business 12%
Management 7%
Government 7%
Trades 7%

Immigrants

47% of residents were
born outside of Canada.

47% immigrants

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

Birthplace - All

India was once home to 5.3% of immigrants.
Philippines 3.7%
Poland 3.4%
China 3.3%
Caribbean 3.2%

5.3% from India
All-time

Birthplace - Recent

China was once home to 1.2% of immigrants.
Pakistan 0.9%
India 0.8%
Philippines 0.7%
Egypt 0.3%

1.2% from China
Recent

Foreign Languages

Foreign Languages

Polish 4%
Arabic 4%
Urdu 4%
Mandarin 3%
Spanish 2%

Religions

Religions

Christian 67%
Muslim 10%
Hindu 3%
Sikh 2%
Buddhist 1%