1062 Alexandra Avenue, Mississauga

Price: $2,388,000

6 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W13611632

Where Exceptional Craftsmanship Meets Modern Luxury and Built-In Income Potential. Welcome to 1062 Alexandra Avenue, a Brand-New, Never-Lived-In Custom-Built Home in the Heart of Lakeview, One of Mississauga's Most Sought-After Waterfront Communities. Backed by a Brand-New Tarion Warranty, This Exceptional Residence Offers Over 4,750 Sq. Ft. of Total Finished Living Space, (3,323 sq. ft. above grade plus a 1,436 sq.ft. finished basement)Designed for Luxury, Comfort, and Everyday Living. Step Inside to Soaring Ceilings, Oversized Windows, Skylights, Seamless Glass Railings, Pot Lights, and an Abundance of Natural Light. The Elegant Main Floor Features a Spacious Living Room, Family Room, Private Office, and a Chef-Inspired Kitchen with Premium Built-In Appliances, Custom Cabinetry, and an Open-Concept Layout Perfect for Entertaining. A Powder Room with a Stand-Up Shower Adds Extra Convenience. Upstairs, the Luxurious Primary Suite Offers a Spa-Inspired Ensuite, Walk-In Closet, and Private Front Balcony, While a Second Bedroom Also Enjoys Its Own Private Balcony. A Standout Feature Is the Legal Two-Bedroom Basement Apartment with a Separate Entrance, Full Kitchen, Laundry, and Private Living Space, Ideal for Extended Family or Rental Income. Enjoy the Expansive Rear Deck with Frameless Glass Railings Overlooking the Deep Backyard. Additional Highlights Include Built-In Speakers on the Main Floor, Primary Suite, and Backyard, Two Laundry Rooms, EV Charger Rough-In, Security Camera System, and Premium Finishes Throughout. Ideally Located Minutes from Downtown Toronto, Amenities, the Lake, Port Credit, Top-Rated Schools, Parks, Shopping, Restaurants, and Major Highways. A Rare Opportunity to Own an Exceptional Custom Home Where Luxury, Quality, and Timeless Design Come Together in One Remarkable Address.

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active
New Listing
1/50

$2,388,000 - 1062 Alexandra Avenue, Mississauga

Detached for Sale in Mississauga

New — Listed yesterday

Neighbourhood: Lakeview

6Beds
5Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
W13611632
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
6
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX EXPERTS
Description

Where Exceptional Craftsmanship Meets Modern Luxury and Built-In Income Potential. Welcome to 1062 Alexandra Avenue, a Brand-New, Never-Lived-In Custom-Built Home in the Heart of Lakeview, One of Mississauga's Most Sought-After Waterfront Communities. Backed by a Brand-New Tarion Warranty, This Exceptional Residence Offers Over 4,750 Sq. Ft. of Total Finished Living Space, (3,323 sq. ft. above grade plus a 1,436 sq.ft. finished basement)Designed for Luxury, Comfort, and Everyday Living. Step Inside to Soaring Ceilings, Oversized Windows, Skylights, Seamless Glass Railings, Pot Lights, and an Abundance of Natural Light. The Elegant Main Floor Features a Spacious Living Room, Family Room, Private Office, and a Chef-Inspired Kitchen with Premium Built-In Appliances, Custom Cabinetry, and an Open-Concept Layout Perfect for Entertaining. A Powder Room with a Stand-Up Shower Adds Extra Convenience. Upstairs, the Luxurious Primary Suite Offers a Spa-Inspired Ensuite, Walk-In Closet, and Private Front Balcony, While a Second Bedroom Also Enjoys Its Own Private Balcony. A Standout Feature Is the Legal Two-Bedroom Basement Apartment with a Separate Entrance, Full Kitchen, Laundry, and Private Living Space, Ideal for Extended Family or Rental Income. Enjoy the Expansive Rear Deck with Frameless Glass Railings Overlooking the Deep Backyard. Additional Highlights Include Built-In Speakers on the Main Floor, Primary Suite, and Backyard, Two Laundry Rooms, EV Charger Rough-In, Security Camera System, and Premium Finishes Throughout. Ideally Located Minutes from Downtown Toronto, Amenities, the Lake, Port Credit, Top-Rated Schools, Parks, Shopping, Restaurants, and Major Highways. A Rare Opportunity to Own an Exceptional Custom Home Where Luxury, Quality, and Timeless Design Come Together in One Remarkable Address.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$10,562.93/mo

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5-yr fixed avg.

Principal: $1,910,400Interest: $1,258,479
Mortgage Amount$1,910,400
Total Interest$1,258,479
Est. Property Tax$1,692/mo
Total Cost$3,168,879

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

1062 Alexandra Avenue, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,600/mo
Range: $3,910 - $5,290
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,600
Maintenance Fees-$0
Property Tax (est.)-$1,692
Insurance (est.)-$498
Net Cash Flow+$2,410

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

Competitive Pricing

At $796/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 6 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.

Bathroom Count Matters

With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    1062 Alexandra Avenue, Mississauga | $2,388,000 | Battaglia Team