1497 Bancroft Drive, Mississauga, ON L5V 1M3
East Credit, Mississauga · Near Britannia/Creditview · View map
About this home
A rare opportunity to own a fully renovated detached home in the highly sought-after East Credit community. Beautifully updated from top to bottom-inside and out-this exceptional property sits on a premium 74' x 115' corner lot, offering outstanding curb appeal and an abundance of outdoor space.Step inside to a bright and spacious open-concept layout designed for modern living. The main floor features an inviting living and dining area, a warm and welcoming family room with a stylish electric fireplace, and a dream kitchen complete with premium appliances, an oversized centre island, and ample cabinetry. Walk out to the professionally landscaped backyard, a private outdoor oasis perfect for relaxing or entertaining.The second floor offers a luxurious primary bedroom featuring a large walk-in closet and a beautifully renovated spa-inspired ensuite bathroom, along with two additional generously sized bedrooms, each with ample closet space.Adding incredible versatility, this home includes a separate nanny/in-law suite with its own kitchen and bedroom, making it ideal for extended family, guests, or multi-generational living. The fully finished basement further enhances the home's functionality with two additional bedrooms, a full kitchen, and flexible living space-perfect for extended family, recreation, or potential income opportunities.This exceptional home seamlessly blends comfort, style, functionality, and flexibility, making it a true turnkey property.Ideally located just minutes from Heartland Town Centre with quick access to major highways. Enjoy walking distance to parks, golf courses, top-rated schools, shopping, restaurants, and all the amenities East Credit has to offer.
The home
- Type
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 3000-3500 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 3
- Bathrooms
- 5
- Kitchens
- 3
- Rooms
- 14
- Basement
- Finished, Separate Entrance
- Lot size
- 74.1 x 102.6 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Concrete, Stucco (Plaster)
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Attached
- Garage spaces
- 2
- Driveway spaces
- 2
- Total parking
- 4
Taxes & other
- Property taxes
- $10,064/yr
- Tax year
- 2026
- Occupancy
- Owner+Tenant
- Possession
- Flexible
- Cross street
- Britannia/Creditview
- Neighbourhood
- East Credit
More
- Price per sq ft
- ~$486 (at 3,250 sq ft)
- MLS® number
- W14122312
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The home and its surroundings
- Carpet Free
- In-Law Suite
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
1497 Bancroft Drive, Mississauga, ON L5V 1M3
East Credit, Mississauga · Near Britannia/Creditview
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Listing history for 1497 Bancroft Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1497 Bancroft Drive
Answers come straight from this home’s MLS® listing.
How much is 1497 Bancroft Drive listed for, and what would it cost each month?
1497 Bancroft Drive is listed for $1,579,000. With 20% down ($315,800), the mortgage payment would be roughly $6,369 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $7,208 a month, all in. That figure is an illustration, not a quote.
Is 1497 Bancroft Drive freehold or a condo, and is there a monthly fee?
1497 Bancroft Drive is a 2-storey detached home in East Credit, Mississauga. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 1497 Bancroft Drive have?
1497 Bancroft Drive has 3 bedrooms, plus 3 more bedrooms in the basement, and 5 bathrooms.
Does 1497 Bancroft Drive have a garage and parking?
Yes. The listing shows the garage as attached, with room for 2 cars. The driveway adds 2 spaces. In total the listing counts 4 parking spaces.
Does 1497 Bancroft Drive have a finished basement?
The listing describes the basement as finished, separate entrance. It counts 3 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 1497 Bancroft Drive?
1497 Bancroft Drive is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 1497 Bancroft Drive, and what is the lot size?
The listing puts the home between 3,000 and 3,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 74.1 x 102.6 ft.
How is 1497 Bancroft Drive heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 1497 Bancroft Drive?
Property taxes are $10,064 a year (2026), or about $839 a month.
Where is 1497 Bancroft Drive?
1497 Bancroft Drive is in the East Credit community of Mississauga. The nearest main intersection is Britannia/Creditview. The postal code is L5V 1M3.
Is 1497 Bancroft Drive still for sale?
Yes. It is an active listing (MLS® W14122312). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 1497 Bancroft Drive asking?
Similar detached homes for sale nearby right now include 6286 McCovey Drive E at $1,195,000 (3+3 bed), 5330 Flatford Road at $1,549,000 (4+2 bed) and 1349 Midgreen Lane at $1,649,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 1497 Bancroft Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1497 Bancroft Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near East Credit, picked by style, size and price.
2-storey detached home$1,195,0006286 McCovey Drive E, Mississauga3+3 bed · 4 bath · East CreditCourtesy of: HOMELIFE/MIRACLE REALTY LTDView home →
2-storey detached home$1,549,0005330 Flatford Road, Mississauga4+2 bed · 4 bath · East CreditCourtesy of: RIGHT AT HOME REALTYView home →
2-storey detached home$1,649,0001349 Midgreen Lane, Mississauga4 bed · 4 bath · East CreditCourtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.View home →Courtesy of: INX LANDMARK REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.