$1,649,000Asking Price
3148 The College Way, Mississauga, ON L5L 4Z6
Erin Mills, Mississauga
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!
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!
See MoreKey Info
- 2-Storey Detached
- 3-Car Driveway
- 2-Car Attached Garage
- Collegeway & Winston Churchill
- 2500-3000 Approximate Sq Feet
- Basement Apartment
- 3 + 2 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 49.21 x 108.27 Feet
- Brick/Aluminum Siding Exterior
- Taxes were $11,073 in 2026
- Possession: Flexibile
Details
- Fireplace
- Family Room
- Sewers
- Municipal Water
- MLS #W12925342
- HOMELIFE/MIRACLE REALTY LTD
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 2 4-Piece Bathrooms | |||
| 1 5-Piece Bathroom | |||
| 1 2-Piece Bathroom on Main Floor | |||
| 2 4-Piece Bathrooms | |||
How Far is Too Far?
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Who lives here?
Erin Mills, Mississauga is a west GTA neighbourhood notable for its singles, executives, education, law & public sector professionals and salespeople. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 29, 25 to 29 and 25 to 29 and seniors aged 65 to 74.
Families
Kids Per Family
1.3
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
45%
of residents are
single and loving it.
45% singles
Mississauga (44%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
20%
of residents
are renters.
20% renters
Mississauga (29%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
43%
of residents are
university grads.
43% university grads
Mississauga (45%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$138K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 15% |
| Business | 12% |
| Management | 7% |
| Government | 7% |
| Trades | 7% |
Immigrants
47%
of residents were
born outside of Canada.
47% immigrants
Mississauga (56%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
5.3% from India
All-time
Birthplace - Recent
1.2% from China
Recent
Foreign Languages
Foreign Languages
| Polish | 4% |
| Arabic | 4% |
| Urdu | 4% |
| Mandarin | 3% |
| Spanish | 2% |
Religions
Religions
| Christian | 67% |
| Muslim | 10% |
| Hindu | 3% |
| Sikh | 2% |
| Buddhist | 1% |
