Detached House for sale at 1777 Covington Terrace, Mississauga, Ontario, L5M 3M5 - East Credit - MLS: W12144022

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1777 Covington Terrace

Mississauga, Ontario, L5M 3M5 - East Credit

$2,275,000

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Neighbourhood

East Credit
Major Intersection

Eglinton Ave W / Mississauga Rd

Listed Since: 56 day(s)
Last update: 55 day(s) ago

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Overview

Property Type

Detached, 2-Storey
Bedrooms

4 + 2
Bathrooms

4
Basement

Sep Entrance + Finished
Kitchen

1 + 1
Total Parking

6 (2 Attached Garage)
Lot Size

73.81x203.71 (Feet)
Taxes

$12,173.91 (2024)
Type

Freehold

Property Description

Property description for 1777 Covington Terrace, Mississauga

*Prime ravine lot backing on the Credit River in prestigious enclave of Credit Pointe*. Deep, professionally landscaped property with a variety of mature trees, gently sloping south exposure, and scenic view! "Thames Pointe" model, a detached two-storey with over 4700 total square feet on 3 bright levels. Stylishly decorated with warm neutral colours and the finest quality finishes. Grand centre hall entrance has vaulted ceiling, transom window, gorgeous chandelier and double oak staircase. Cornice crown mouldings, 9ft ceilings, and bleached oak hardwood on main. You will love the custom chef's kitchen with huge centre island, pendant lighting, solid maple cabinets, built-in appliances, electric grill, granite counters, extra pantry area and bright eat-in area with views of the ravine. Overlooks the Sunken family room with wood-burning fireplace. Double door walkouts from main floor kitchen and office - enjoy glorious southwest views from the elevated wraparound deck! Amazing south-facing main floor office with built-in cabinets, wet bar and French doors to Family Rm. Four generous sized bedrooms on 2nd floor, all with plush high-quality broadloom. The huge primary suite has a spacious walk-in closet, sitting area and spa-like 5-pc bathroom including double vanity, separate shower and soaker tub. Large Finished Lower Level easily used as an in-law suite! Two bedrooms, rec room, kitchen, 4 pc Bath and walk-up separate entrance! Lofted ceiling in garage for extra storage! True pride of ownership found in this impeccably maintained home with great curb appeal on a quiet family friendly street! This fantastic location boasts excellent schools, rinks, tennis courts, playgrounds and easy access to the scenic Culham Trail along the banks of the Credit River. Close proximity to Credit Valley Hospital, Erin Mills Town Centre, Hwy 403 and Erindale and Streetsville GO Stations. Truly a special and rare offering.

Listed by RE/MAX PROFESSIONALS INC.

Property details

MLS #

W12144022
Sq. Ft

3000-3500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Pvt Double
Garage

Attached, 2 spaces
Total Parking

6
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

Main
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

W12144022
Sq. Ft

3000-3500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Pvt Double
Garage

Attached, 2 spaces
Total Parking

6
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

Main
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

6.1 x 3.64 ft Main level

hardwood floor, Crown Moulding, Formal Rm
Dining

5.3 x 3.69 ft Main level

hardwood floor, Crown Moulding, Formal Rm
Kitchen

7.76 x 3.39 ft Main level

Centre Island, Eat-In Kitchen, W/O To Deck
Family

6.03 x 3.48 ft Main level

Sunken Room, hardwood floor, Fireplace
Office

3.8 x 3.22 ft Main level

hardwood floor, French Doors, W/O To Deck
Laundry

2.33 x 2.3 ft Main level

Access To Garage, Laundry Sink
Primary

8.09 x 6.02 ft 2nd level

Broadloom, 5 Pc Ensuite, W/I Closet
2nd Br

3.65 x 3.63 ft 2nd level

Broadloom, Closet
3rd Br

3.64 x 3.24 ft 2nd level

Broadloom, Closet
4th Br

3.64 x 3.02 ft Lower level

Broadloom, Double Closet
Rec

3.85 x 3.46 ft Lower level

Broadloom, Above Grade Window
Kitchen

3.95 x 3.42 ft Lower level

Linoleum, Above Grade Window
Br

3.92 x 3.48 ft Lower level

Broadloom, Above Grade Window
Br

4.06 x 2.49 ft Lower level

Broadloom, Above Grade Window
Workshop

4.67 x 3.58 ft Lower level

Combined W/Laundry, B/I Shelves
Utility

0.0 x 0.0 ft Lower level
Cold/Cant

3.74 x 0.59 ft Lower level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Estimated price

Date

Price

Change

2025-05-13

$2,185,353

1.72%

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Local Real Estate Price Trends for Detached in East Credit

Active listings

Average Selling Price of a Detached

June 2025

$1,310,583

Last 3 Months

$1,341,033

Last 12 Months

$1,390,027

June 2024

$1,494,497

Last 3 Months LY

$1,536,232

Last 12 Months LY

$1,484,610

Change

-12%

Change

-13%

Change

-6%

Historical Average Selling Price of a Detached in East Credit

Average Selling Price

3 years ago

$1,743,952

Average Selling Price

5 years ago

$1,134,075

Average Selling Price

10 years ago

$803,085

Change

-25%

Change

16%

Change

63%

Number of Detached Sold

June 2025

Last 3 Months

Last 12 Months

June 2024

Last 3 Months LY

Last 12 Months LY

Change

26%

Change

12%

Change

13%

How many days Detached takes to sell (DOM)

June 2025

Last 3 Months

Last 12 Months

June 2024

Last 3 Months LY

Last 12 Months LY

Change

56%

Change

65%

Change

39%

Average Selling price

Inventory Graph

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.