1062 West Avenue, Mississauga

Price: $899,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W13025302

Attention builders, investors, and renovators, an exceptional opportunity awaits in the highly sought after Lakeview community. This prime property offers the perfect canvas to build your dream home, with the permit process already underway to help fast track your vision. Surrounded by beautifully redeveloped multi-million-dollar homes on a quiet, established street, this is a rare chance to secure a foothold in one of South Mississauga's most dynamic neighbourhoods. Just moments from the vibrant waterfront lifestyle of Port Credit, you'll enjoy easy access to top-rated schools, parks, marinas, and scenic trails along Lake Ontario. Ideally located with convenient access to major highways, transit, and GO stations, commuting is seamless while still enjoying a peaceful, community-oriented setting. Adding even more long term value is the highly anticipated Lakeview Village development, a transformative waterfront community featuring parks, shops, restaurants, and public spaces that will redefine the area and elevate future growth potential. Whether you're looking to build, invest, or renovate, this is a rare opportunity to be part of Lakeview's exciting evolution.

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$899,000 - 1062 West Avenue, Mississauga

Detached for Sale in Mississauga

78 days on market

Neighbourhood: Lakeview

2Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
W13025302
Property Type
Detached
Status
active
Days on Site
78
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Mississauga
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Description

Attention builders, investors, and renovators, an exceptional opportunity awaits in the highly sought after Lakeview community. This prime property offers the perfect canvas to build your dream home, with the permit process already underway to help fast track your vision. Surrounded by beautifully redeveloped multi-million-dollar homes on a quiet, established street, this is a rare chance to secure a foothold in one of South Mississauga's most dynamic neighbourhoods. Just moments from the vibrant waterfront lifestyle of Port Credit, you'll enjoy easy access to top-rated schools, parks, marinas, and scenic trails along Lake Ontario. Ideally located with convenient access to major highways, transit, and GO stations, commuting is seamless while still enjoying a peaceful, community-oriented setting. Adding even more long term value is the highly anticipated Lakeview Village development, a transformative waterfront community featuring parks, shops, restaurants, and public spaces that will redefine the area and elevate future growth potential. Whether you're looking to build, invest, or renovate, this is a rare opportunity to be part of Lakeview's exciting evolution.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,612.34/mo

Includes CMHC insurance ($25,082)

$
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5%10%50%

5-yr fixed avg.

Principal: $809,100Interest: $549,519
Mortgage Amount$834,182
Total Interest$549,519
Est. Property Tax$637/mo
Total Cost$1,383,701

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 West Avenue, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$1,576

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 $1284/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.

Negotiation Opportunity

At 78 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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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    1062 West Avenue, Mississauga | $899,000 | Battaglia Team