Income-Generating Basement with 7 Beds in Mississauga

Property details for 5449 Heritage Hills Boulevard, Mississauga

Type: Residential
Bedrooms: 7
Bathrooms: 4
Lot Size: 40.7 x 118.2 FT
Stories: 2
Basement: Separate entrance, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $7,560 (2025)

This 3,300 sq ft two-storey brick house is a serious income play. Its basement has its own separate entrance, 3 bedrooms, and a full bath, and it's already renting out. That's on top of 4 beds and 3.5 baths upstairs, so you're looking at 7 total bedrooms. The main floor has porcelain tile, crown molding, and a kitchen with a big center island and plenty of cabinets. There's a dining room with a built-in hutch. Upstairs, the bathrooms are freshly renovated. Outside: brick exterior, attached garage with EV charger, and a deck plus patio in the backyard. The roof is new, and there's a water filtration system. Forced air gas heat and central AC. Parking for 6. It's on a 40.7 x 118.2 ft lot. Taxes run $7,560 a year. Walk to St. Francis Xavier Secondary School in 10 minutes, or drive 5 to Square One. Mandarin Restaurant is just down the road. At $1,369,800, it's priced under the median for the area, which makes the rental income look even better. This one's a smart buy for an investor or a big family wanting a mortgage helper.

About 5449 Heritage Hills Boulevard, Mississauga — Property Score

Great Location Well Priced

Score: 69/100

Value

Priced 23.6% below area median of $1,792,000 based on 164 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

7 bedrooms - 3 more than similarly priced 4-bedroom homes nearby 96

4 bathrooms - typical for similarly priced properties 60

4,811 sqft lot - a standard lot for the area 65

Location

$103K median household income - above the Canadian average of $70K 81

88% of residents hold postsecondary credentials - a highly educated neighbourhood 95

91% homeownership rate - indicating a stable, owner-occupied community 94

49% of residents commute under 30 minutes - good commuting convenience 69

189/km² population density - a rural or semi-rural setting 55

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

6-car garage - more than the area average of 5.7 spots 95

Separate entrance, N/A basement 55

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.55% effective tax rate ($7,560/yr) - very low tax burden 84

7% renter population - primarily owner-occupied area 38

Quality

Condition

Listing

45 photos provided - 13% 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.