Skip to content
Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
1 / 36
MLS® W14128292For SaleDetached

7176 Lantern Fly Hllw

Meadowvale Village, Mississauga, Ontario L5W 1L6

Map
1 / 36
7176 Lantern Fly Hllw, Mississauga, photo 1
Asking$1,250,000
Bedrooms
3+1
Bathrooms
4
Size
1,500–2,000sq ft
Per sq ft
$714at the range’s middle
Lot
32.02 x 112.01 ft
Tax a year
$7,2672026 tax year
Parking
52 attached
Days on market
Members

The brief

About 7176 Lantern Fly Hllw

7176 Lantern Fly Hllw is a 3+1-bedroom, 4-bathroom detached house in Meadowvale Village, Mississauga, listed for sale at an asking price of $1,250,000 (MLS® W14128292).

Welcome to 7176 Lantern Fly Hollow, a spacious detached home with a legal basement apartment in the highly sought-after Meadowvale Village community of Mississauga. Offering 3+1 bedrooms and 4 bathrooms, this well-appointed home features a functional layout designed for comfortable family living and entertaining. The open-concept living and dining area is enhanced by hardwood flooring and a cozy fireplace. The eat-in kitchen showcases granite countertops, stainless steel appliances, and a breakfast area with a walkout to the deck, perfect for outdoor dining and relaxation. A convenient powder room completes the main level. Upstairs, the primary bedroom features hardwood flooring, a walk-in closet, and a private 4-piece ensuite. Two additional bedrooms, both with hardwood flooring, and a second 4-piece bathroom provide ample space for family and guests. The finished legal basement with a separate side entrance offers excellent income potential or multigenerational living, featuring a spacious recreation room with an above-grade window, an additional bedroom, a 3-piece bathroom, a kitchen, and a separate laundry. An attached double-car garage and private driveway provide parking for up to five vehicles. Ideally situated near Mavis Road and Derry Road West, this home is close to top-rated schools, parks, shopping, public transit, major highways, and a wide range of everyday amenities. A fantastic opportunity to own a versatile family home in one of Mississauga's most established and desirable neighbourhoods.

Insights

  • Condition Score

    Good

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$2,634/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 6 detached homes with 4 bedrooms for lease in Meadowvale Village right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$7,267 / 2026
MLS® number
W14128292
Board
TRREB MLS®
Property Type
Detached
Days on market
Size
1500-2000 sqft
Lot Size
32.02 x 112.01 ft
Listed on
Parking
2 Attached, 5 Parking
Listing brokerage: RE/MAX OPTIMUM REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
2-Storey
Community
Meadowvale Village
Municipality
Mississauga

Building

Size
1500-2000 sqft
Construction
Brick

Inside

Bedrooms
3+1
Bathrooms
4
Bathroom Details
1 × 2pc Main, 1 × 4pc 2nd, 1 × 4pc 2nd, 1 × 3pc Lower
Basement Type
Finished
Kitchens
1

Parking

Driveway
Private
Garage Type
Attached
Garage
2
Additional Parking
3
Total Parking
5

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
32.02 ft
Depth
112.01 ft
Lot Size
32.02 x 112.01 ft

Additional

Foundation
Concrete
Roof
Shingles
Fireplace
Yes
Pool
None
Den
No
Family room
No
Extras
All Elf's , S/S Appliances , Fridge , Dishwasher, Stove, Washer and Dryer.

Rooms

RoomSizeFeaturesLevel
Living6.4 × 3.35 mhardwood floor, Fireplace, Combined W/DiningMain
Dining6.4 × 3.35 mhardwood floor, Window, Combined W/LivingMain
Kitchen5.28 × 3.27 mGranite Counter, Eat-In Kitchen, Stainless Steel ApplMain
Breakfast5.28 × 3.27 mhardwood floor, W/O To DeckMain
Primary3.96 × 5.08 mhardwood floor, W/I Closet, 4 Pc Ensuite2nd
2nd Br4.47 × 3.2 mhardwood floor, Closet, Window2nd
3rd Br3.63 × 3.5 mhardwood floor, Closet, Window2nd
Rec4.41 × 6.5 mCeramic Floor, Above Grade Window, Pot LightsBsmt
Br2.76 × 2.18 mCeramic Floor, Closet, Pot LightsBsmt
Kitchen0.0 × 0.0 m—Bsmt

Listing history

Buy/sell history for 7176 Lantern Fly Hllw, Mississauga, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,250,000N/AFor SaleW14128292

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $250,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$250,000
Total mortgage amount
$1,000,000
Total interest payment
$710,900
Total purchase cost
$1,960,900
Mortgage payment
$5,703/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

57%

Monthly carrying cost

$6,309
−$2,634per month
  • Rent $3,675
  • Shortfall $2,634

Rental income opens at $3,675, the median asking rent of 6 comparable homes for lease in Meadowvale Village. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$21,475
Total land transfer tax
$21,475
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$17,475
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,250,000
$17,000
Ontario total
$21,475

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Street frontage
32.02 ft9.8 m
Depth
112.01 ft34.1 m

The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.

Source: the MLS® listing record.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

13 records · 5 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideNot in Credit Valley Conservation’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 6.2 kmA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Alectra Utilities CorporationWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • Not in Credit Valley Conservation’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m250 m

Credit Valley Conservation · Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 6.2 km6.2 km

Province of Ontario open data

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Creation Technologies Ltd. — Mississauga BU, 2.5 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Alectra Utilities CorporationAt the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, QuaenetFi, Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Credit Valley Conservationor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under Credit Valley Conservation Open Data Licence v1.0.

The market

Detached homes for sale in Meadowvale Village right now

For sale now
31
Median asking price
$1.25M

Middle half: $1.14M to $1.49M

New in 7 days
6

14 in 28 days

Price cuts
19%

6 listings

This home is asking at the median.

See all homes in Meadowvale Village

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
Hurontario St at Derry RdBrampton Transit bus rapid transit: Züm Main2.1 km
Mavis / SteelesBrampton Transit bus rapid transit: Züm Steeles2.6 km
Hurontario St at Courtneypark DrBrampton Transit bus rapid transit: Züm Main2.6 km
Chinguacousy / SteelesBrampton Transit bus rapid transit: Züm Steeles2.7 km
Meadowvale GOGO Transit train: Milton4.6 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; Brampton Transit schedule data (GTFS) from the City of Brampton under the Creative Commons Attribution 4.0 licence (CC BY 4.0), downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Brampton Transit data © City of Brampton; Valery selected the Züm stations from it and grouped their stops.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Derry West Village Public SchoolPeel DSBPublic · grades JK–6750 m56%Grade 3 average
Meadowvale Village Public SchoolPeel DSBPublic · grades JK–6800 m76%Grade 3 average
St Veronica Elementary SchoolDufferin-Peel CDSBCatholic · grades JK–8800 m73%Grade 6 average
École élémentaire Le FlambeauConseil scolaire ViamondeFrench-language public · grades JK–61 km86%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
St Marcellinus Secondary SchoolDufferin-Peel CDSBCatholic · grades 9–121.7 km68%Grade 9 math
Mississauga Secondary SchoolPeel DSBPublic · grades 9–122.2 km53%Grade 9 math
ÉSC Sainte-FamilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–122.8 km67%Grade 9 math
École secondaire Jeunes sans frontièresConseil scolaire ViamondeFrench-language public · grades 9–122.8 km69%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Meadowvale Village are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record