
2531 Morrison Avenue
Mississauga (Erindale), ON L5C 3J6
- 4+3Bedrooms
- 6Bathrooms
- 2Garage
- 3000–3500Sq Ft
- $10,825Tax
- 48×201 ftLot Size
- Estimated Value:$2,012,058See Free Estimate Report

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About 2531 Morrison Avenue, Mississauga, Erindale
Summarized Description
- Extensively renovated detached home with rental income potential
- Two legal basement apartments with separate entrances
- Located on a premium 48x200 ft lot
- Modern kitchen with custom cabinetry and island
- Flexible layout for multi-generational living
- Turnkey opportunity in desirable Huron Park
- Minutes from major highways and shopping
- Exceptional outdoor space for future potential
Luxury living meets built-in income. This extensively renovated detached home features two legal self-contained basement apartments with separate entrances, offering estimated rental income potential of approxiamately $4,000/month, all situated on a rare 48x200 ft premium lot in one of Mississauga's most desirable neighbourhoods. Welcome to highly sought-after Huron Park, where this exceptional property offers the perfect blend of lifestyle, flexibility, and investment potential. The main and upper levels have been thoughtfully renovated and feature a modern kitchen with custom cabinetry, centre island and stylish backsplash, upgraded lighting, engineered hardwood flooring, updated bathrooms, and fresh paint throughout. The lower level offers exceptional flexibility for today's buyer, whether utilized for supplemental rental income, multi-generational living, accomodating extended family, or creating a private space for guests. Additional upgrades include an updated furnance, electrical panel, garage doors, window glass, light fixtures and custom blinds. Ideally located minutes from Highways 403 and QEW, Square One Shopping Centre, public transit, schools, parks and everyday amentities, Situated on a premium 48x200 ft lot, this property offers exceptional outdoor space and future potential, subject to buyer verification. A rare turnkey opportunity for families, investors, and those seeking a high-quality asset in one of Mississauga's most established and desirable communities.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $10,825
- Land Transfer Tax Fee
- $36,475
Rental Items
- Rental Equipment
- Enercare Hot Water Tank- $53.17/monthly
- Under Contract
- Hot Water Tank-Gas
- Basement Type
- Apartment
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Central Vacuum, Carpet Free
- Fireplace/Stove
- Yes
- Fireplace Features
- Natural Gas
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- 2-Storey
- Approx Age
- 16-30
Construction
- Exterior Finish
- Brick
- Roof
- Shingles
- Foundation Details
- Unknown
- Special Designation
- Unknown
Lot
- Lot Front
- 48.00 ft
- Lot Depth
- 201.00 ft
Inclusions
- Inclusions
- All Electrical Light Fixtures, Existing Appliances: Stove, Dishwasher, Fridge, Washer & Dryer. As is: Underground Sprinkler System, Security Camera, and Sensors.
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 2
- Parking Spaces
- 6
- Total Garage And Parking Spaces
- 8
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4 + 3
- Washrooms
- 6
- Kitchens
- 3
- Family / bonus room
- Yes
Washrooms
- 4-piece, Second
- 3-piece, Second
- 2-piece, Main
- 3-piece, Lower
- 2-piece, Lower
- Municipality
- Mississauga
- Neighbourhood
- Erindale
- Main cross streets
- Mavis Road & Paisley Blvd West
- Directions
- South-West Dundas St W & Mavis Rd
- MLS® number
- W13484072
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-24
- Listed on
- 2026-06-24
- Days on market
- 92 days
- Possession type
- Flexible
- Co-op commission
- 2.5%
- Seller
- Listed by
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Home Market Value
Current home valuation for 2531 Morrison Avenue, Mississauga, Erindale, Mississauga, ON. Listed for $1,999,999
HOMEH Estimate
$2,012,058
Estimated Sales Range
$1,207,235 - $2,816,881
HOMEH Estimate for 2531 Morrison Avenue, Mississauga, Erindale
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$400,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,599,999 | $1,499,999 | $1,399,999 | $1,299,999 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $7,812monthly | $7,324monthly | $6,836monthly | $6,347monthly |
Land Transfer Tax
$36,475
$36,475
Around this home
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