525 Driftcurrent Drive, Mississauga, ON

Hurontario, Mississauga · MLS® W13521590

$1,269,900
For Sale
Listed 80 days agoNo offer date statedSitting longer than typical
4+2Bedrooms
5Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Welcome to 525 Driftcurrent Drive a beautifully upgraded 4+2 bedroom detached home nestled in the highly sought-after Hurontario community of Mississauga.
  • This spacious 2-storey residence offers an ideal blend of comfort, functionality, and style, featuring a bright open-concept layout with pot lights throughout the...
  • The second floor boasts four generously sized bedrooms, including a large primary retreat with hardwood flooring, a 4-piece ensuite, and oversized windows.
  • The fully finished basement with a separate entrance adds incredible versatility with two additional bedrooms, a second kitchen, a full bath, and a spacious rec room...
  • Situated on a 34.45 ft x 104.99 ft lot, this home offers 6 total parking spaces and is surrounded by excellent amenities, including top-rated schools, parks...

Welcome to 525 Driftcurrent Drive a beautifully upgraded 4+2 bedroom detached home nestled in the highly sought-after Hurontario community of Mississauga. This spacious 2-storey residence offers an ideal blend of comfort, functionality, and style, featuring a bright open-concept layout with pot lights throughout the main floor, a formal living and dining area, a cozy family room with a fireplace, and an upgraded kitchen with a large centre island and walk-out to the backyard. The second floor boasts four generously sized bedrooms, including a large primary retreat with hardwood flooring, a 4-piece ensuite, and oversized windows. The fully finished basement with a separate entrance adds incredible versatility with two additional bedrooms, a second kitchen, a full bath, and a spacious rec room perfect for extended family or rental potential. Situated on a 34.45 ft x 104.99 ft lot, this home offers 6 total parking spaces and is surrounded by excellent amenities, including top-rated schools, parks, shopping, places of worship, and easy access to major highways and transit. Pride of ownership is evident throughout a true turnkey home in a family-friendly neighbourhood. Dont miss your chance to own this exceptional property!

Key facts

Property type
Detached, 2-Storey
MLS®
W13521590
Bedrooms
4+2 (6 total)
Bathrooms
5 (1 half)
Size
2000-2500 sq ft
Lot
34.45 × 104.99 ft
Cross streets
Kennedy Rd S /Bristol Rd E
Parking
2 garage · 6 parking (built-in)
Driveway
Private Double
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,789 / 2026
Days on market
80
Listing brokerage
SAM MCDADI REAL ESTATE INC.

Rooms

Bedroom 2Basement3.62 × 3.81 m

above grade window · laminate · closet

Primary BedroomSecond6.57 × 5.52 m

large window · hardwood floor · 4 pc ensuite

Dining RoomMain2.37 × 3.87 m

open concept · window

KitchenBasement3.88 × 1.97 m

ceramic floor · double sink

Bedroom 4Second3.21 × 4.16 m

hardwood floor · closet · 4 pc bath

Family RoomMain4.34 × 3.99 m

pot lights · fireplace · overlooks backyard

Bedroom 2Second4.72 × 5.33 m

window · closet · 4 pc bath

RecreationBasement7.17 × 4.88 m

open concept · pot lights · laminate

KitchenMain4.67 × 4.70 m

ceramic floor · centre island · w/o to yard

Living RoomMain3.90 × 3.87 m

pot lights · hardwood floor · large window

Bedroom 3Second3.28 × 4.17 m

closet · hardwood floor · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.25Mlikely sale price

Listed at $1,269,900. Going by how homes in Hurontario and the wider GTA have actually closed against their asking prices (about 98%, 34 local closings in 90 days), the likely sale price is near $1.25M, if it sells. A realistic range is $1.17M to $1.41M.

Independent value check: $1.21M. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $1.13M and $1.26M).

Why $1.21M. The typical detached home sold in Hurontario over the past year went for about $1.19M (150 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it slightly4+2 bedrooms and 5 baths, against 4+1 and 4 typically.

Longer on the market than typical. 80 days on the market against about 31 for homes like it here, and asking 5% above where comparable closings put it.

List price
$1.17MBelow recent closings$1.41MAbove recent closings

Total price vs nearby homes. Likely closing about $1.25M, from 34 recent closings in this pocket.

The market behind the math:

34sold nearby · 90 days
$1.12Mmedian sold price
100%of asking, on average
−14%prices vs a year ago
~26 dayshomes like this take to sell
80days on market so far
$4,328/moest. rent · 29 leases
4.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2 months of inventory: 23 detached homes for sale in the area against 34 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $564/sqft against an area asking average of $582/sqft.

  • Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Hurontario: 71 of the 215 detached leases here lately were basement units, around $1,850 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Mississauga.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 34 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.14M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($564/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 34 comparable homes that sold in Hurontario over the past two years, from 262 closings there.

What sellers nearby are askingCurrently listed nearby in Hurontario · asking prices
$1.36Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $603/sqft; this home lists at $564/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.27MThis home1.38M1.30M1.40MThis home vs active comparables

Neighbourhood & location

Hurontario, Mississauga, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Rathwood
$1.38M
Applewood
$1.47M
East Credit
$1.41M
Cooksville
$1.14M
Meadowvale Village
$1.33M

Typical asking price of active listings of the same type, per area (outliers removed). Mississauga.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$5,788/mo
$245KIncome needed
5.2×Price ÷ income
$1,336Weekly cost
$21,873Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

90%mortgage
Mortgage $5,788Property tax $649Total carry $6,437

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,561per month

Mortgage amount $1,015,920 · 4.39% over 25 years

$253,980Down payment (20.0%)
$1,015,920Loan before insurance
$0CMHC premium
$6,210Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,561
Property tax
$649
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,210

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$21,873
Estimated closing costs
$21,873

Plus your down payment of $253,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$6,737/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$652,345Total interest paid
$1,668,265Total of all payments
Principal $1,015,920 Interest $652,345
YearPrincipalInterestBalance
1$22,989$43,742$992,931
2$24,009$42,721$968,922
3$25,075$41,656$943,847
4$26,188$40,543$917,659
5$27,350$39,381$890,309
6$28,564$38,167$861,745
7$29,832$36,899$831,914
8$31,156$35,575$800,758
9$32,538$34,192$768,220
10$33,982$32,748$734,237
11$35,491$31,240$698,747
12$37,066$29,665$661,681
13$38,711$28,020$622,970
14$40,429$26,302$582,541
15$42,223$24,507$540,318
16$44,097$22,634$496,221
17$46,054$20,676$450,167
18$48,098$18,632$402,069
19$50,233$16,498$351,836
20$52,462$14,268$299,374
21$54,791$11,940$244,583
22$57,222$9,508$187,361
23$59,762$6,969$127,599
24$62,414$4,316$65,184
25$65,184$1,546$0

At the end of your 5-year term

Total paid over the term
$333,653
Principal paid down
$125,611
Interest paid
$208,042
Balance remaining
$890,309

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 29 whole-home leases in Hurontario$4,328/mo
$51,936Gross annual rent
2.9%Cap rate after taxes and upkeep
$3,962 to $4,577Typical rent range
~21 daysTo find a tenant, on average

The suite is real income here: basements rent in Hurontario (71 of 215 recent detached leases were basement units, around $1,850 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,850 a month on top of the upper floors. Permitted use is worth confirming with the city.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 29 whole-home leases in Hurontario signed at a median of $4,000 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,328. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.1%
Gross yield
− Property tax $7,789− Insurance $1,400− Vacancy & upkeep $5,713Net operating income $37,034

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SAM MCDADI REAL ESTATE INC.. MLS®/PropTx.

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