Homula Realty Brokerage
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17 Ben Machree Drive, Mississauga, ON L5H 2S2

3 beds · 2 baths · 1 kitchen · 8 rooms · 3 parking spaces · 1100-1500 sq ft · Detached
$2,149,999
Property tax
$11,118 / year

Attention builders and investors! Rare opportunity to secure a development site in the heart of Port Credit, located south of Lakeshore Road and just steps to Lake Ontario. This exceptional 75 ft frontage lot previously received conditional severance approval for two detached custom home parcels (application has since lapsed). The property includes a livable existing home, ideal for rental or holding income while redevelopment plans are advanced. Surrounded by luxury custom homes and numerous successfully severed properties in a rapidly evolving enclave. This is a standout opportunity to unlock significant value in one of Mississauga's most prestigious lakeside communities. Sold As is where is.

MLS number
W13769556
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
L5H 2S2
Photos
18
Laundry
Not in the unit
2days · 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

This address has been listed 22 times.

Sale history is for registered usersSee what this address sold for and when, across all 22 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

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
Ontario Online SchoolsSecondary333 mNot reported
Riverside Public School
Peel DSB
Elementary977 m5.1 / 10
51% met the standard
St Luke Catholic Elementary School
Dufferin-Peel CDSB
Elementary1.0 km7.5 / 10
75% met the standard
Kenollie Public School
Peel DSB
Elementary1.7 km8.9 / 10
89% met the standard
Tecumseh Public School
Peel DSB
Elementary1.6 km8.5 / 10
85% met the standard
Montessori in the WoodsElementary1.6 kmNot reported
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

Detached houses in Mississauga3,704 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
$1.20M$1.68M$2.17M20252026this home’s asking price
$1.25Mlatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
0d13d26d20252026
19dlatest 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 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 469 people.

$62,800Median household income
30%Own their home
30%Detached houses
52Median age
34.8%Born outside Canada
31.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35210386 — the few blocks around this address, home to 469 people. It describes the area, not this property.

469Population
48.2Average age
1.9Household size
$79,500Average household income
$62,800Median household income
30%Own their home
70%Rent
0%Condominiums
35%Born outside Canada
31%University degree
$1,700,000Average home value
16%Low income
63%Not in the labour force
31%Never married
Under $5,0001%
$10,000 to $14,9991%
$15,000 to $19,9991%
$20,000 to $24,9994%
$25,000 to $29,9994%
$30,000 to $34,9996%
$35,000 to $39,9991%
$40,000 to $44,9994%
$45,000 to $49,9993%
$50,000 to $59,9999%
$60,000 to $69,9996%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9993%
$100,000 and over22%
$100,000 to $124,9997%
$125,000 to $149,9994%
$150,000 to $199,9994%
$200,000 and over7%

Percentages are of the 340 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.

$430,000 · minimum here is $430,000
$9,519.73per month
Borrowed before insurance$1,719,999
Total borrowed$1,719,999
Interest over 25 years at 4.5%$1,135,920

If you rented it out

-$10,446.23per month out of pocket
Rent$0.00
Everything it costs to hold$10,446.23
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 SUTTON GROUP - SUMMIT REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.