3 Bed, 2 Bath Detached Home in Niagara-on-the-Lake
About 557 Mississagua Street
More than meets the eye here at this corner-lot home in the heart of Niagara-on-the-Lake. With a driveway off Mississauga Street, a second driveway off Ann Street, and a detached garage, this property offers flexibility that's hard to find.Inside, you'll find four bedrooms and two bathrooms in total, including a fully finished, separate one-bedroom apartment in the lower level with impressively high ceilings-creating an excellent opportunity for additional income or multi-generational living.Whether you're looking for a money-making investment or a home you can move into and customize over time for your family, there's a lot of potential here. From the street, you'll immediately notice the mature, beautifully maintained hedge surrounding the property, giving you plenty of privacy. But once you make your way past it, you'll discover there's much more to this home than meets the eye-all in the heart of one of Canada's prettiest towns.
3 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $1,034 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 557 Mississagua St
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
Separate Entrance, Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Separate Entrance · Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
557 Mississagua St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,557
/mo
based on the purchase price of $724,000
$144,800 cash
$579,200 financed
$487,838 total interest
Principal54%$579,200
Interest46%$487,838
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Niagara-on-the-Lake
Other 2–4 bed homes for sale in Niagara-on-the-Lake around $724K.
Average days on market57Homes sold in about 57 days on average.
Sale-to-list ratio95.3%On average, homes sold below asking.
Active listings276Homes for sale here right now.
Median vs prior 90 days+2.4%Compared with Apr 24 – Jul 23, 2026: prices up.
Based on 159 sales from Jul 23 – Oct 21, 2026 (80 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 557 Mississagua St
How much is 557 Mississagua St listed for?
557 Mississagua St is listed at $724,000 (MLS® X13716104). Summitly updates the price as soon as the MLS® record changes.
Is $724,000 a good price for 557 Mississagua St?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Niagara-on-the-Lake. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 557 Mississagua St changed?
Yes — it was first listed at $749,000 and is now $724,000, a drop of $25,000 (3.3%).
How many bedrooms and bathrooms does 557 Mississagua St have?
557 Mississagua St has 3 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in Niagara-on-the-Lake.
How much would the monthly mortgage be on 557 Mississagua St?
About $3,557 a month — principal and interest on $724,000 with 20% down ($144,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 557 Mississagua St compare with other homes in Niagara-on-the-Lake?
Its asking price of $724,000 is about 28% below the median sold price in Niagara-on-the-Lake over the last 90 days, $1,010,000, across 159 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 557 Mississagua St been sold before?
Summitly has no earlier MLS® sale or lease of 557 Mississagua St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 557 Mississagua St?
557 Mississagua St is in Niagara-on-the-Lake, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 557 Mississagua St been on the market?
57 days — 557 Mississagua St was listed on August 25, 2026.
What is the price per square foot of 557 Mississagua St?
About $658 to $1,034 per square foot: the asking price of $724,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 557 Mississagua St have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
Does 557 Mississagua St have a basement, and is it finished?
The listing describes the basement as: Separate Entrance, Finished.
