1024 Roosevelt Road, Mississauga

Price: $1,049,900

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W13838400

An exceptional opportunity in the heart of Lakeview, offering nearly 60 feet of frontage and an impressive lot extending approximately 168 feet deep. Whether you're a builder searching for your next project, an investor looking for flexibility, or an end user with a vision for the future, this property offers possibilities that are increasingly difficult to find in the area. The existing bungalow provides immediate usability with 3 bedrooms on the main level, while the lower level features a separate entrance, 2 additional bedrooms, a kitchen and bathroom, creating added flexibility for extended family or investment use. Surrounded by significant redevelopment and custom homes, and ideally located minutes from Port Credit, the waterfront, parks, schools, shopping, GO Transit and major commuter routes. Enjoy the property today, explore its income potential, or take advantage of the substantial lot and envision something entirely new. A rare combination of land, location and opportunity in one of Mississauga's most evolving neighbourhoods.

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active

$1,049,900 - 1024 Roosevelt Road, Mississauga

Detached for Sale in Mississauga

Popular Listing

Neighbourhood: Lakeview

5Beds
2Baths
700 - 1,099Sq Ft
Detached

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Property Details
MLS Number
W13838400
Property Type
Detached
Status
active
Days on Site
8
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Mississauga
Taxes (2026)
$10,226
Listing Brokerage
REAL BROKER ONTARIO LTD.
Description

An exceptional opportunity in the heart of Lakeview, offering nearly 60 feet of frontage and an impressive lot extending approximately 168 feet deep. Whether you're a builder searching for your next project, an investor looking for flexibility, or an end user with a vision for the future, this property offers possibilities that are increasingly difficult to find in the area. The existing bungalow provides immediate usability with 3 bedrooms on the main level, while the lower level features a separate entrance, 2 additional bedrooms, a kitchen and bathroom, creating added flexibility for extended family or investment use. Surrounded by significant redevelopment and custom homes, and ideally located minutes from Port Credit, the waterfront, parks, schools, shopping, GO Transit and major commuter routes. Enjoy the property today, explore its income potential, or take advantage of the substantial lot and envision something entirely new. A rare combination of land, location and opportunity in one of Mississauga's most evolving neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,644.06/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $839,920Interest: $553,299
Mortgage Amount$839,920
Total Interest$553,299
Est. Property Tax$744/mo
Total Cost$1,393,219

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Lakeview

Waterfront Transformation in Progress

Lakeview is an exciting neighbourhood undergoing a major transformation from its industrial roots to a vibrant waterfront community. The Lakeview Village development is creating thousands of new homes, parks, and amenities along the Lake Ontario shoreline. Early buyers are positioning themselves in what will become one of the GTA's most sought-after waterfront communities.

Why Live in Lakeview

  • •Major waterfront redevelopment underway
  • •New parks, trails, and community amenities planned
  • •Strong investment potential
  • •Lake Ontario waterfront access
  • •Mix of new condos and established homes

Nearby Schools

Lakeview Junior Public SchoolPublic Elementary
Allan A. Martin Senior Public SchoolPublic Middle School
Cawthra Park Secondary SchoolPublic High School
Father John Redmond CSSCatholic High School

Transit & Commuting

  • •Long Branch GO Station nearby
  • •Future Hurontario LRT connection
  • •MiWay bus routes
  • •Easy access to QEW and Gardiner Expressway

Parks & Amenities

  • •Jim Tovey Lakeview Conservation Area (opening soon)
  • •Lakefront Promenade Park
  • •Marie Curtis Park (nearby)
  • •Planned retail and restaurant district
  • •Future community centre

Lifestyle & Community

Lakeview is perfect for those who want to get in on the ground floor of a major urban transformation. The area offers excellent value with the promise of significant appreciation as the Lakeview Village development completes.

62
Walk Score
$500K - $1.5M
Price Range

1024 Roosevelt Road, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$744
Insurance (est.)-$219
Net Cash Flow+$2,637

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1500/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Detached Home Advantages

Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

About Lakeview

I know Lakeview well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    1024 Roosevelt Road, Mississauga | $1,049,900 | Battaglia Team