5-level backsplit with income suite near Square One

Property details for 106 Hanson Road, Mississauga

Type: Residential
Bedrooms: 5
Bathrooms: 3
Lot Size: 30.4 x 133.8 FT
Basement: Finished, Full, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $7,320

Right in the heart of Mississauga, this 5-level backsplit sits on a quiet street just 1.7 km from Square One, so you can walk to shopping or catch a show at the Living Arts Centre. The house is a rare find: a full separate dwelling with its own front entrance and walk-out basement, making it perfect for multigenerational living or rental income. Inside, it's been fully renovated with no expense spared, from the modern kitchen with oversized island to the fresh paint and quality finishes throughout. You get 5 bedrooms and 3 full baths, with the main living areas on the middle levels and the suite below. The top floor holds three good-sized bedrooms, while the sub-basement adds a fourth bedroom and another living space. There's also a family room on the in-between level that could be a dining room or office. Hardwood and tile floors, no carpet anywhere. Parking for 5 cars, including an attached garage. The backyard has a covered porch with electricity, a side patio, and a big shed for storage. Annual taxes run about $7,320. With 6 active listings nearby and a median price of $687k, this one at $1.15M is priced for the extra income potential and the prime location. It's move-in ready and flexible enough to work for a big family or investors.

About 106 Hanson Road, Mississauga — Property Score

Score: 68/100

Value

Priced 17.9% below area median of $1,399,900 based on 615 comparable properties nearby 97

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - 1 more than similarly priced 4-bedroom homes nearby 72

3 bathrooms - typical for similarly priced properties 60

4,068 sqft lot - a standard lot for the area 65

Location

$79K median household income - near the Canadian average of $70K 70

81% of residents hold postsecondary credentials - a highly educated neighbourhood 89

83% homeownership rate - indicating a stable, owner-occupied community 88

38% of residents commute under 30 minutes - longer average commute times 60

8,081/km² population density - an urban neighbourhood 65

Market

Just listed - area average is 49 days on market 100

+0.1% median price change over 1 month - stable pricing in the area 51

35.9 months of housing supply - 1148 active listings with 32 sold last month (buyer's market) 40

Features

5-car garage - area average is 5.7 spots 95

Finished, Full, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.64% effective tax rate ($7,320/yr) - below the Canadian average of ~1% 81

17% renter population - primarily owner-occupied area 50

Quality

Condition

Listing

50 photos provided - 25% more than the area average of 40 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.