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3321 Raindance Crescent, Mississauga, ON L5N 8L7

3+1 beds · 4 baths · 1+1 kitchens · 7+4 rooms · 3 parking spaces · 1100-1500 sq ft · Semi-Detached
$899,900
Property tax
$5,045 / year

Welcome to a well-maintained 3+1 bedroom semi-detached home in the sought-after family-friendly Winston Churchill & Hwy 401 area. Over $60,000 invested in new basement and other renovations, which translates to a $5000 monthly Income Potential. The main home features a bright living and dining area with a walkout to the fenced backyard, an updated kitchen, private laundry, multiple access to garage, a spacious primary bedroom with ensuite, plus two additional bedrooms with another full bathroom. The entire home boasts 4 well sized bedrooms with 4 washrooms, 2 private laundry, 2 kitchens, 2 separate entrances, storage, and much more.The finished basement has a separate entrance and includes a one-bedroom apartment with its own kitchen, living room, full bathroom, private laundry, and storage. Ideal for extended family or rental income. The Basement kitchen is professionally completed and ready for the purchaser to install cabinetry of their choice. This high demand neighborhood is close to lots of Tech companies, Top ranking schools, The biggest Business centre, Toronto premium outlets, lots of five-star hotels, high demand for AirBnB, 8 mins walk to Lisgar GO train station, easy access to Highways 407 & 401, and much more.Bring your vision! With a strong offer, the motivated Seller is willing to customize the basement kitchen to suit the Buyer's taste. *Certain images have been virtually staged for illustrative purposes only. Freshly painted with smooth ceiling throughout the house. Garage with 2 car parking in the driveway. This home offers an estimated rental potential of up to $5,000/month (The Main Floor recently rented for $3250, and Basement projected for $1750). Conveniently located close to shopping, schools, parks, restaurants, library, community centre, GO Transit, and Hwy 401.

MLS number
W13585380
Type
Semi-Detached
Status
Active
Bedrooms
4
Bathrooms
4
Postal code
L5N 8L7
Photos
50
Laundry
Not in the unit
54days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Kindree Public School
Peel DSB
Elementary684 m5.5 / 10
55% met the standard · 3 of 6 measures
St Albert of Jerusalem Elementary School
Dufferin-Peel CDSB
Elementary977 m7.3 / 10
73% met the standard
St Therese of the Child Jesus (Elementary) Separate School
Dufferin-Peel CDSB
Elementary1.2 km8.1 / 10
81% met the standard
Plum Tree Park Public School
Peel DSB
Elementary1.4 km8.3 / 10
83% met the standard
St Richard School
Dufferin-Peel CDSB
Elementary1.3 km8.7 / 10
87% met the standard
Lisgar Middle School
Peel DSB
Elementary1.9 km8.1 / 10
81% met the standard · 3 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Semi-Detached houses in Mississauga1,424 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$893k$940k$987k20252026this home’s asking price
$895klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
97%99%100%20252026the asking price
98%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
0d10d21d20252026
17dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among semi-detached houses in mississauga. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,002 people.

$138,000Median household income
84.6%Own their home
58.5%Detached houses
36Median age
57.4%Born outside Canada
43.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35211839 — the few blocks around this address, home to 1,002 people. It describes the area, not this property.

1,002Population
36.6Average age
3.8Household size
$151,000Average household income
$138,000Median household income
85%Own their home
15%Rent
0%Condominiums
57%Born outside Canada
44%University degree
$900,000Average home value
5%Low income
42%Not in the labour force
29%Never married
$35,000 to $39,9991%
$40,000 to $44,9991%
$45,000 to $49,9991%
$50,000 to $59,9991%
$60,000 to $69,9991%
$70,000 to $79,9991%
$80,000 to $89,9993%
$90,000 to $99,9993%
$100,000 and over43%
$100,000 to $124,9999%
$125,000 to $149,9998%
$150,000 to $199,99913%
$200,000 and over13%

Percentages are of the 450 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$179,980 · minimum here is $64,990
$3,984.56per month
Borrowed before insurance$719,920
Total borrowed$719,920
Interest over 25 years at 4.5%$475,449

If you rented it out

-$4,404.98per month out of pocket
Rent$0.00
Everything it costs to hold$4,404.98
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by ROYAL LEPAGE SIGNATURE REALTY. Listing data provided by the Toronto Regional Real Estate Board.