SerpApi.Org
The listing at 1337 Melton Drive in Mississauga, Ontario, reads like any other suburban home sale: four bedrooms, three full bathrooms, over 2,000 square feet, move-in ready, all for $1,499,999 CAD (1). (This is equal to around $1,075,237 USD.)
Then you investigate the home a little further.
Must Read
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s what it is and 3 simple steps to fix it ASAP
Vanguard’s outlook on U.S. stocks is raising alarm bells for retirees. Here’s why and how to protect yourself
It turns out the side-split in the city’s Lakeview neighborhood was once home to Harland David Sanders (2) — better known as Colonel Sanders, the white-suited founder of Kentucky Fried Chicken — who lived there from 1965 until he died in 1980 (3).
For KFC loyalists and culinary history buffs, the listing is hard to ignore.
Why Colonel Sanders was in Mississauga
The Colonel’s Canadian chapter is one of the more fascinating footnotes in fast food history. In 1964, at the age of 75, Sanders sold the bulk of his American KFC franchises to investors for $2 million — roughly $19.6 million in today’s dollars — but crucially retained control of his Canadian operations, Visit Mississauga notes (4).
According to KFC, the Colonel loved Canada so much that he moved to Mississauga the following year, specifically to support his Canadian franchisees. The city became his primary home for the rest of his life (5).
In Canada, his franchises operated under the Scott’s Hospitality Group banner, with the stores known as Scott’s Chicken Villa — a beloved brand that Ontario fast food fans still remember fondly (6).
But instead of pocketing the Canadian earnings, Visit Mississauga reports that Sanders put much of the revenue into the Harland Sanders Charitable Organization, which funded the Colonel Harland Sanders Family Care Centre at Mississauga Hospital — a lasting legacy in the city he called home for the final 15 years of his life (4).
Read More: 7 top habits of 'quietly wealthy' Americans. How many do you follow?
The property details
The home has evolved considerably since Sanders’ day. In 2014, a significant addition, partially designed by interior designer Jane Lockhart, was made, giving the home a bright, open-concept kitchen at its heart that connects to the living area, den and dining room (7).
The main-floor primary bedroom has its own ensuite bathroom with a skylight and heated flooring. Three more bedrooms and a full bathroom sit on the upper level, and the lower level offers a large recreation room, a second full bathroom and a second laundry area (7).
Outside, the landscaped backyard includes a private patio, front and rear irrigation systems and a powered garden shed. Additional features include heated soffits, central vacuum, a backup generator, two fireplaces and electrical sliding rear doors (7).
What the market looks like
The asking price lands at the upper end of what the Mississauga market typically supports right now, but it’s not out of reach for a detached home with a compelling story behind it.
According to RE/MAX Canada’s 2026 housing market outlook, the city’s average residential sale price finished 2025 at around $1,003,561, with detached homes commanding considerably more (8).
The Cucoch Team’s 2026 Mississauga market guide puts the benchmark price for detached homes at $1,272,000 — meaning the Colonel Sanders home carries about a $230,000 premium over a typical detached property in the city (9).
Is the premium worth it?
Whether the historic connection justifies that gap depends on your appetite for provenance.
Celebrity and historic home premiums are documented in real estate markets worldwide, but they can also make resale trickier, since the pool of buyers who specifically want to own a piece of fast food history is self-selecting. That said, the listing does not specify this part of the home’s history.
Zolo’s June 2026 Mississauga market data shows the average home currently sits on the market for 27 days (10), in what remains firmly a buyer’s market (11) — which gives prospective purchasers leverage to negotiate.
For the right buyer, though, the math might not be the point. As the listing puts it, the home is “truly one of a kind (1).”
You May Also Like
The tax breaks in Trump's 'big beautiful bill' expire after 2028 — and experts say most people won't act in time. What to do before the window closes
'Gold still crashing!': Robert Kiyosaki admits he was wrong — but doubles down on his $35K prediction
Millionaires under 43 hold only 25% of their wealth in stocks. Here’s where their money is actually going
I'm 49 years old and have nothing saved for retirement. What do I do? Don't panic. Here are 7 ways to catch up fast
Enjoyed this Moneywise story? Click Follow above for more. To get our best content and exclusive interviews first, join 250,000+ readers who subscribe to our weekly newsletter.
Article Sources
We rely only on vetted sources and credible third-party reporting. For details, see our ethics and guidelines.
Zolo Realty (1), (10); Sanders Cafe (2); The Hook News (3); Tourism Mississauga (4); KFC Canada (5); BlogTO (6); Toronto Sun (7); RE/MAX Canada (8); Cucoch Team (9); Insauga (11)
This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
