Brick Family Home with Basement Apartment near Lisgar GO

Property details for 7443 Russian Olive Close, Mississauga

Type: Residential
Bedrooms: 5
Bathrooms: 4
Lot Size: 22.3 x 112.8 FT
Stories: 2
Basement: Apartment in basement, Separate entrance, N/A, N/A
Parking: Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $5,842

This brick 2-storey family home on Russian Olive Close packs in a lot. Three bedrooms up, a full 2-bed basement apartment with its own garage entrance, and a long driveway that fits two cars plus the garage. Total 5 beds, 4 baths across 22.3 x 112.8 FT lot. The main floor has 9-foot ceilings, hardwood and pot lights throughout. Kitchen's been updated with modern cabinets and two fridges, two stoves, dishwasher, microwave - the works, likely for the separate unit. Basement is fully finished with laminate floors, has its own living room, and could easily rent for $1,500+ to offset your mortgage. Furnace and AC from 2019, water heater owned (2022) - those big-ticket items are done. You're a 4-min walk to Saint Therese of the Child Jesus Elementary School, 1 min to a park. Lisgar GO Station is just minutes away, and Highway 401/407 are easy hops. Nearby shopping includes Walmart, Costco Business Centre, and East Side Mario's, all within a few minutes drive. Taxes ran $5,842 last year. Market's active - similar homes nearby sell around $1.35M, so $959,900 feels like a decent entry for this area.

About 7443 Russian Olive Close, Mississauga — Property Score

Great Location Well Priced

Score: 66/100

Value

Priced 26.2% below area median of $1,299,999 based on 401 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

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

4 bathrooms - 1 more than similarly priced properties nearby 72

2,515 sqft lot - a compact lot for the area 55

Location

$107K median household income - above the Canadian average of $70K 84

87% of residents hold postsecondary credentials - a highly educated neighbourhood 94

93% homeownership rate - indicating a stable, owner-occupied community 95

46% of residents commute under 30 minutes - good commuting convenience 67

6,870/km² population density - an urban neighbourhood 65

Market

Just listed - area average is 42 days on market 100

-99.6% median price change over 1 month - declining prices in the area 1

25.7 months of housing supply - 1080 active listings with 42 sold last month (buyer's market) 40

Features

3-car garage - area average is 5.7 spots 80

Apartment in basement, Separate entrance, N/A, N/A basement - potential for additional finished space 70

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.61% effective tax rate ($5,842/yr) - below the Canadian average of ~1% 82

9% renter population - primarily owner-occupied area 41

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.