ON
Mississauga (Erindale)
L5C3J6
2531 Morrison Avenue
2531 Morrison Avenue, Mississauga (Erindale), ON L5C3J6
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Listing Type
Single Family
Listing Status
Active
50
$2,249,000

Home Details for 2531 Morrison Avenue

Price
$2,249,000
Type
Residential
Bedrooms
7
Total Bathrooms
6
Half Bathrooms
2
Days on site
46
Listing #
W13106760
Property Description

Rare Opportunity in Highly Sought-After Huron Park! Fully Renovated Executive Detached Home Featuring Two Legal Self-Contained Basement Apartments Generating Approximately $4,000 Per Month ($48,000 Annually) in Rental Income. Ideal for families seeking mortgage-helper income, multi-generational living, or investors looking for a turnkey asset in one of Mississauga's most established neighborhoods. Situated on an exceptional 48 x 200 ft premium lot, this extensively updated home offers the perfect blend of lifestyle, flexibility, and long-term value. The legal income suites provide an exceptional opportunity to offset carrying costs while maintaining privacy and flexibility for owner-occupants. The main and upper levels showcase a beautifully renovated kitchen with custom cabinetry, a center island, a designer backsplash, modern lighting, engineered hardwood flooring, updated bathrooms, and fresh paint throughout. Major upgrades include an updated furnace, electrical panel, garage doors, window glass, custom blinds, lighting, and numerous additional improvements throughout the home. The two legal self-contained apartments with separate entrances provide immediate income potential while offering flexibility for extended family or multi-generational living. Conveniently located minutes from QEW, Highway 403, Square One, transit, schools, parks, and community amenities. Situated on a rare deep lot with future potential (buyer to conduct own due diligence). A turnkey opportunity combining luxury living, built-in income, and exceptional long-term value in a mature, high-demand Mississauga neighborhood. Thoughtfully designed with Vastu principles. (id:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • Central Air
  • Garage
    • 1
  • Parking
    • Attached
Listing Courtesy: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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135 Matheson Blvd W Unit 202D, Mississauga, ON L5R 3L1
Office
905 283 6741
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