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5824 PRAIRIE CIRCLE
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Beds
5
Baths
4 full + 1 half
Sqft
—
Year
—
Type
Single Family
On market
57d
Welcome to 5824 Prairie Circle, a beautifully renovated detached home nestled in a family-friendly neighborhood in Mississauga. This spacious 4+1 bedroom, 4-bathroom home offers a well-thought-out layout with a large open foyer and an elegant open hardwood staircase that creates an impressive first impression. The main level features beautiful laminate flooring and a generously sized family room, perfect for both relaxing and entertaining. The home's thoughtful design allows for seamless flow between the living, dining, and kitchen spaces. The kitchen is a true highlight, featuring a large centre island perfect for food preparation, a dedicated eat-in area with its own table for casual family meals, a gas stove, and a convenient built-in coffee bar - making it an ideal space for both daily living and entertaining. Upstairs, the primary bedroom retreat includes a walk-in closet and a luxurious 5-piece ensuite bathroom, offering both comfort and privacy. Three additional bedrooms and another full 4-piece bathroom complete the upper level, providing ample space for a growing family. The finished basement features a separate in-law suite, perfect for extended family, guests, or potential rental income. The property sits on a well-maintained lot with an interlocked backyard, and a shed, ideal for outdoor entertaining and low-maintenance living. Additional highlights include a double-car garage and an extra-long driveway with no sidewalk, comfortably fitting up to four full-sized vehicles. Located close to schools, parks, shopping, and major highways, this renovated home blends space, functionality, and convenience in one of Mississauga's most desirable communities. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom 5 | 6.15 × 4.17 meters | |
| Bathroom | 3.2 × 1.78 meters | |
| Great room | 5.36 × 7.64 meters | |
| Utility room | 3.4 × 2.16 meters | |
| Games room | 3.48 × 4.95 meters | |
| Furnace | 3.12 × 1.88 meters |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 2.16 × 1.75 meters | |
| Laundry room | 2.16 × 1.75 meters | |
| Family room | 3.23 × 5.74 meters | |
| Kitchen | 6.4 × 4.42 meters | |
| Living room | 3.18 × 4.42 meters | |
| Dining room | 3.18 × 4.09 meters | |
| Partial bathroom | 2.16 × 1.75 meters |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom 4 | 3.78 × 3.18 meters | |
| Bathroom | 2.69 × 2.39 meters | |
| Bathroom | 2.69 × 3.81 meters | |
| Primary Bedroom | 6.32 × 4.39 meters | |
| Bedroom 2 | 3 × 3.43 meters | |
| Bedroom 3 | 4.04 × 3.89 meters |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.80%
Cap rate
4.70%
GRM
13.9
Break-even rent
$7,726
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Mississauga (Lisgar). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.