$899,900Asking Price
3361 The Credit Woodlands N/A, Mississauga, ON L5C 2J9
Erindale, Mississauga
Attention Investors & Savvy Homebuyers! Rare opportunity to secure a high-yield, semi-detached fully renovated raised bungalow in the highly coveted Erindale pocket. Featuring a Partial vacant, legal-style 3+2 bedroom layout with 3 total bathrooms and a completely separate basement entrance. This property is an absolute cash-flow machine boasting a projected 6.4%+ Cap Rate and an estimated $57,600/year in gross rental income. The bright and spacious upper level features vinyl floors, an upgraded eat-in kitchen, and a primary bedroom with a rare 3-piece ensuite. The lower level offers a massive, fully self-contained 2-bedroom suite with its own kitchen, full bath, separate laundry, and large above-grade windows-perfect for premium student rentals or multi-generational living. Location is everything: Walk to the University of Toronto Mississauga (UTM), Erindale Park, top-rated schools, and direct transit to Square One. Whether you want to live upstairs and let the basement pay your mortgage, or rent both units for maximum ROI, turn-key properties with this kind of math do not last. Do not miss this one!
Attention Investors & Savvy Homebuyers! Rare opportunity to secure a high-yield, semi-detached fully renovated raised bungalow in the highly coveted Erindale pocket. Featuring a Partial vacant, legal-style 3+2 bedroom layout with 3 total bathrooms and a completely separate basement entrance. This property is an absolute cash-flow machine boasting a projected 6.4%+ Cap Rate and an estimated $57,600/year in gross rental income. The bright and spacious upper level features vinyl floors, an upgraded eat-in kitchen, and a primary bedroom with a rare 3-piece ensuite. The lower level offers a massive, fully self-contained 2-bedroom suite with its own kitchen, full bath, separate laundry, and large above-grade windows-perfect for premium student rentals or multi-generational living. Location is everything: Walk to the University of Toronto Mississauga (UTM), Erindale Park, top-rated schools, and direct transit to Square One. Whether you want to live upstairs and let the basement pay your mortgage, or rent both units for maximum ROI, turn-key properties with this kind of math do not last. Do not miss this one!
See MoreKey Info
- Bungalow Semi-Detached
- 3-Car Driveway
- 1-Car Built-In Garage
- Erindale Station /Burnhamthorpe Rd
- 1100-1500 Approximate Sq Feet
- 2 + 1 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 35.75 x 120 Feet
- Brick Exterior
- Taxes were $6,193 in 2025
- Possession: TBD
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #W13452068
- ROYAL LEPAGE PINNACLE REAL ESTATE
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Ground | 16.31' x 9.51' | Eat-in Kitchen, Ceramic Floor |
 | 1 3-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
| 1 4-Piece Bathroom | |||
How Far is Too Far?
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Who lives here?
Erindale, Mississauga is a west GTA neighbourhood notable for its singles, salespeople and tradespeople. It has a higher than average population of immigrants from China, the Philippines and Pakistan, and Polish, Mandarin and Urdu speakers. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 29, 25 to 29, 25 to 29 and 25 to 29 and seniors aged 65 to 69.
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
26%
of residents
are renters.
26% renters
Mississauga (29%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
40%
of residents are
university grads.
40% university grads
Mississauga (45%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$117K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 15% |
| Business | 11% |
| Trades | 9% |
| Management | 7% |
| Sciences | 6% |
Immigrants
56%
of residents were
born outside of Canada.
56% immigrants
Mississauga (56%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
7.0% from China
All-time
Birthplace - Recent
1.2% from China
Recent
Foreign Languages
Foreign Languages
| Urdu | 6% |
| Mandarin | 6% |
| Polish | 5% |
| Tagalog | 3% |
| Portuguese | 3% |
Religions
Religions
| Christian | 61% |
| Muslim | 14% |
| Hindu | 3% |
| Sikh | 2% |
| Buddhist | 2% |
