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2531 Morrison Avenue
Erindale
Mississauga
L5C 3J6
$2,249,000
Residential Freehold
beds: 4+3
baths: 6.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- W13106760
- Bedrooms:
- 4+3
- Bathrooms:
- 6
- Photos (50)
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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.
- Under Contract:
- Hot Water Tank-Gas
- Property Type:
- Residential Freehold
- Property Sub Type:
- Detached
- Home Style:
- 2-Storey
- Approx. Age:
- 16-30
- Total Approx Floor Area:
- 3000-3500
- Lot Depth:
- 201'61.3 m
- Lot Frontage:
- 48'14.6 m
- Direction Faces:
- South
- Bedrooms:
- 4+3
- Bathrooms:
- 6.0
- Water supply:
- Municipal
- Kitchens:
- 3
- Kitchens in Basement:
- 2
- Bedrooms Above Grade:
- 4
- Bedrooms Below Grade:
- 3
- Kitchens Above Grade:
- 1
- Rooms Above Grade:
- 9
- Rooms Below Grade:
- 5
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Fireplaces:
- 1
- Foundation:
- Unknown
- Roof:
- Shingles
- Basement:
- Apartment
- Fireplace Features:
- Natural Gas
- Fireplace/Stove:
- Yes
- Garage:
- Attached
- Garage Spaces:
- 2.0
- Parking Features:
- Private
- Parking Spaces:
- 6
- Total Parking Spaces:
- 8.0
- Family Room:
- Yes
- Possession Details:
- Flexible
- Lot Irregularities:
- *See Sched. C For Full Legal Description
- Pool:
- None
- Link:
- No
- HST Applicable To Sale Price:
- Included In
- Taxes:
- $10,286.94 / 2025
- Assessment:
- $- / -
- Peel
- Mississauga
- Erindale
- Central Vacuum, Carpet Free
- Enercare Hot Water Tank - $53.17/monthly
- All Electrical Light Fixtures, Existing Appliances: Stove, Dishwasher, Fridge, Washer & Dryer. As is: Underground Sprinkler System, Security Camera, and Sensors.
- Brick
- No
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Central Air
- Central Vacuum:
- Yes
- Seller Property Info Statement:
- No
- Laundry Level:
- Main Level
-
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data was last updated June 10, 2026 at 04:15 AM (UTC)
Area Statistics
- Listings on market:
- 24
- Avg list price:
- $2,049,500
- Min list price:
- $1,249,000
- Max list price:
- $3,299,990
- Avg days on market:
- 33
- Min days on market:
- 1
- Max days on market:
- 103
These statistics are generated based on the current listing's property type
and located in
Erindale. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- Tanya Crepulja
- Keller Williams Real Estate Associates, Brokerage
- 647-293-3785
- tanya@tcteam.ca
- Steven Fontes
- Keller Williams Real Estate Associates, Brokerage
- 416-831-2161
- steve@tcteam.ca
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
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