2531 Morrison AVE, Mississauga, ON L5C 3J6
2531 Morrison AVE, Mississauga, ON L5C 3J6
2531 Morrison AVE, Mississauga, ON L5C 3J6
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$2,249,000
Est. payment /mo
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7 Beds
6 Baths
Price Dropped by $150K

2531 Morrison AVE Mississauga, ON L5C 3J6

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Nisha K Pawa

Nisha K Pawa

+1(416) 894-7948

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision Erindale

MLS Listing ID W13106760

Style 2-Storey

Bedrooms 7

Annual Tax Amount $10,286

Tax Year 2025

Property Sub-Type Detached

Property Description

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.

Location

Province ON

County Peel

Area Peel

Rooms

Family Room Yes

Basement Apartment

Kitchen 3

Separate Den/Office 3

Interior

Interior Features Central Vacuum, Carpet Free

Cooling Central Air

Fireplaces Type Natural Gas

Fireplace Yes

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 2.0

Pool None

Roof Type Shingles

Lot Frontage 48.0

Lot Depth 201.0

Total Parking Spaces 8

Building

Building Age 16-30

Foundation Unknown

Others

ParcelsYN No

Virtual Tour https://listings.airunlimitedcorp.com/videos/019e0911-de5f-73c5-818d-731d3fe7ab59

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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Nisha K Pawa

Nisha K Pawa

+1(416) 894-7948

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2531 Morrison AVE