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482 MALAGA ROAD, Mississauga (Fairview) — listed at $1,399,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
LEGAL BASEMENT APARTMENT ,, Welcome to 482 Malaga Rd., Mississauga - an immaculate detached home with Legal basement apartment located in the heart of Downtown Mississauga. This stunning property offers , 4 spacious bedrooms and 4 bathrooms, perfect for growing families, ideal for additional rental income or multigenerational living. The home boasts a long private driveway, elegant curb appeal, and a bright open-concept layout. Situated just steps from Square One, minutes from major highways, transit, restaurants, Sheridan College, and all urban conveniences. (id:60164)
Does it have a basement, and is it finished?+
The listing describes the basement as: Apartment in basement, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
How is the space laid out across floors?+
This is a 2-storey single family. The 6 bedrooms and 4 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $7,500, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Could this work as an investment property?+
The basement description mentions: Apartment in basement, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Mississauga (Fairview) before counting on it.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
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