Home with brick exterior material, street for 3148 The College Way, Mississauga Ontario L5L 4Z6
8 hours on Market

3148 The College Way, Mississauga, Ontario L5L 4Z6

Detached
4 + 3
6
~2500-3000 sqft
$1,649,000
Get pre-qualifiedPowered by nesto
Detached
4 + 3
6
~2500-3000 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market8 hours

Estimated valueNot available

Price/Sqft$604/sqft

Monthly cost

Open Calculator

Description

Rare opportunity to own a high-yield "money maker" in a prime Mississauga enclave, perfectly blending luxury living with exceptional income potential. This expansive detached residence features a sun-filled 4-bedroom, 3.5-bathroom main home, complemented by two fully self-contained rental suites consisting of a spacious 2-bedroom unit and a bright 1-bedroom unit. Ideal for savvy investors or multi-generational families, this versatile triplex-style layout offers significant cash flow to offset mortgage costs in a high-demand rental market. The interior excellence extends to a private backyard oasis, complete with a sparkling above-ground salt water pool, a premium year-round hot tub, and a large custom storage shed. Situated just minutes from top-rated schools, transit, and major amenities, this property offers a unique turn-key lifestyle where the home pays for itself. A rare find that must be seen to be fully appreciated!


Property Details

Style2-Storey
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size5,327 SqFt(108.27 x 49.21)
Parking Spaces5
MLS ®NumberW12925342
Community NameLower Erin Mills
Data SourceTRREB
Listing byHOMELIFE/MIRACLE REALTY LTD

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Apartment, Sep Entrance

Features

Lot size: 5,327 SqFt
Pool: Abv Grnd

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 3

Total parking spaces 5


Property History

Mar 26, 2026
ListedActive
$1,649,000
8 hours on market
history photo preview8
Listing by trreb®
Property listed by HOMELIFE/MIRACLE REALTY LTD, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Lower Erin Mills

Geo Zone Map ThumbnailLower Erin Mills

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

18 days

Compared to

2025

17 days

2024

22 days

2023

12 days

New Listings

Past 30 days

18 listings

Compared to

2025

29 listings

2024

16 listings

2023

22 listings

Units sold

Past 30 days

6 units

Compared to

2025

10 units

2024

8 units

2023

18 units

Median Sold Price

Past 30 days

$1,305,000

Compared to

2025

$1,250,000

2024

$1,290,000

2023

$1,317,500


Population and Demographics

Overview

Total population 41369
Average household income $143,772

Age (%)

0 to 19
20%
20 to 34
19%
35 to 49
17%
50 to 64
22%
65 and plus
21%

Household composition (%)

Single family
76%
Single person
20%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
66%
Polish
5%
Mandarin
4%
Arabic
4%
Urdu
4%
Others
3%
Tagalog (Pilipino, Filipino)
3%
Spanish
2%
Yue (Cantonese)
2%
Punjabi (Panjabi)
1%

House tenancy (%)

Owners
78%
Renters
22%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget