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.
Address
7176 Lantern Fly Hollow
List Price
$1,250,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2-Storey
Transaction Type
Sale
Area
Mississauga
Sub-Area
Meadowvale Village
Region
Peel
Bedrooms
3 + 1
Bedrooms (Total)
4
Rooms Above Grade
7
Rooms Below Grade
2
Rooms (Total)
9
Bathrooms
4
Floor Area
1500-2000 Sq. Ft.
Lot Depth
112.01
Lot Irregularities
**LEGAL BASEMENT**
Lot Size Units
Feet
Lot Width
32.02
Parcel Number
140843483
Occupant Type
Vacant
Cross Street
Derry Rd W / Mavis Rd
MLS® Number
W14128292
Listing Brokerage
RE/MAX OPTIMUM REALTY
Basement Area
Finished
Postal Code
L5W 1L6
Posession Details
TBA
Parking
Private
Parking Places (Total)
5
Parking Spaces
3
Tax Amount
$7,267.18
Tax Year
2026
Interior Features
Other
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Source
Gas
Heat Type
Forced Air
Cooling
Yes
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
West
Fireplace
Yes
Foundation Details
Concrete
Garage
Yes
Garage Type
Attached
Attached Garage
Yes
Covered Spaces
2
Kitchens Total
2
Kitchens Above Grade
1
Kitchens Below Grade
1
Pool Features
None
Roof
Shingles
Tax Legal Description
LOT 44, PLAN 43M1433, S/T RIGHT IN FAVOUR OF MONARCH CONSTRUCTION LIMITED, FOR FIVE YEARS FROM PL 43M-1433 OR UNTIL THE SERVICES AND ROADS HAVE BEEN ASSUMED BY THE CORPORATION OF THE CITY OF MISSISSAUGA, WHICHEVER IS LATER, AS IN PR22134 CITY OF MISSISSAUGA
Waterfront
No
Sewer
Sewer
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 3.35 x 6.4 Meters | Combined w/Dining, Fireplace, Hardwood Floor |
| Main | Dining Room | 3.35 x 6.4 Meters | Combined w/Living, Hardwood Floor, Window |
| Main | Kitchen | 3.27 x 5.28 Meters | Eat-in Kitchen, Granite Counters, Stainless Steel Appl |
| Main | Breakfast | 3.27 x 5.28 Meters | Hardwood Floor, W/O To Deck |
| Second | Primary Bedroom | 5.08 x 3.96 Meters | 4 Pc Ensuite, Hardwood Floor, Walk-In Closet(s) |
| Main | Laundry | 1.83 x 2.67 Meters | Ceramic Floor, W/O To Garage |
| Second | Bedroom 2 | 3.2 x 4.47 Meters | Closet, Hardwood Floor, Window |
| Second | Bedroom 3 | 3.5 x 3.63 Meters | Closet, Hardwood Floor, Window |
| Basement | Recreation | 6.5 x 4.41 Meters | Above Grade Window, Ceramic Floor, Pot Lights |
| Basement | Bedroom | 2.18 x 2.76 Meters | Ceramic Floor, Closet, Pot Lights |
| Basement | Kitchen |
Open Houses
- November 01, 2:00 PM - 4:00 PM