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$1,250,000Asking Price

5213 Palomar Crescent, Mississauga, ON L5R 2W8

Hurontario, Mississauga

Detached
4 + 2
Bedrooms
4
Baths
7
Parking
Day on Market

Renovation Opportunity with Income! This detached home is a currently income-producing rental generating $5,600/month+Utilities, offering an excellent opportunity for investors or end-users looking to add value through renovations. Fantastic location-minutes to City Centre, Square One Mall, LRT, and major highways including 403, 401, 407 & QEW. The property features a double garage, 4+2 bedrooms, and a spacious, bright main living area. The finished basement includes a separate entrance, second kitchen, second laundry, and additional living space-ideal for extended family or future rental income.A strong investment opportunity with solid cash flow today and significant upside potential in the future.

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Renovation Opportunity with Income! This detached home is a currently income-producing rental generating $5,600/month+Utilities, offering an excellent opportunity for investors or end-users looking to add value through renovations. Fantastic location-minutes to City Centre, Square One Mall, LRT, and major highways including 403, 401, 407 & QEW. The property features a double garage, 4+2 bedrooms, and a spacious, bright main living area. The finished basement includes a separate entrance, second kitchen, second laundry, and additional living space-ideal for extended family or future rental income.A strong investment opportunity with solid cash flow today and significant upside potential in the future.

Key Info

  • 2-Storey Detached
  • 5-Car Driveway
  • 2-Car Attached Garage
  • Eglinton Ave & Mavis Rd
  • 2500-3000 Approximate Sq Feet
  • Finished Basement
  • 2 + 1 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 33.26 x 112.33 Feet
  • Brick Exterior
  • Taxes were $7,216 in 2025
  • Possession: Flexible

Details

  • Fireplace
  • Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #W12690858
  • HOME AND BUSINESS REALTY

Extras

Room Floor Dimensions Details
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom
Washroom1 2-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom

Who lives here?

Hurontario, Mississauga is a west GTA neighbourhood notable for its singles, university grads, business and science professionals and salespeople. It has a higher than average population of immigrants, particularly those from the Philippines and India. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 69.

Families

Kids Per Family

1.4

kids per family
in the neighbourhood.

Mississauga  (1.4)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

45% of residents are
single and loving it.

45% singles

Mississauga (44%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

24% of residents
are renters.

24% renters

Mississauga (29%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

46% of residents are
university grads.

46% university grads

Mississauga (45%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$117K

is the average household
income in the neighbourhood.

Mississauga  ($125K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 16%
Business 13%
Sciences 8%
Trades 7%
Management 6%

Immigrants

65% of residents were
born outside of Canada.

65% immigrants

Mississauga (56%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

India was once home to 13.6% of immigrants.
Philippines 5.5%
Pakistan 5.0%
China 4.5%
Caribbean 3.1%

13.6% from India
All-time

Birthplace - Recent

India was once home to 2.0% of immigrants.
Pakistan 1.1%
China 0.7%
Philippines 0.6%
Iraq 0.3%

2.0% from India
Recent

Foreign Languages

Foreign Languages

Arabic 6%
Urdu 5%
Cantonese 4%
Punjabi 4%
Tagalog 4%

Religions

Religions

Christian 53%
Muslim 14%
Hindu 12%
Buddhist 4%
Sikh 4%