$1,147,000 - 1083 Melton Drive, Mississauga
Detached for Sale in Mississauga
Neighbourhood: Lakeview
- MLS Number
- W13418336
- Property Type
- Detached
- Status
- active
- Days on Site
- 28
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
Rarely does a home carry 56 years of one family's care into its next chapter. From the front patio where neighbours still know each other by name, to a mature and lovingly-tended garden that takes years to grow and simply cannot be bought, this home has been lived in, looked after, and genuinely loved across 2 generations. A rose bush on the side of the house has been rooted there since the home was built, and a section of the backyard has produced the family's own vegetables for years - the kind of garden a future family inherits along with the keys. Inside: over 2,400 SF total living space, 8' ceilings and an oversized picture window that frames the front yard like a canvas, flooding the living space with natural light and a quiet connection to one of Mississauga's most beloved streets. 3 generously-sized bedrooms are served by a compartmentalized 3-piece semi-ensuite with a separate water closet. The oversized eat-in kitchen offers abundant cabinetry, generous counter space, room for a full eat-in breakfast area, and the increasingly-rare charm of a window above the sink - a small detail that speaks to an era when homes were built to be lived in, not just sold. The fully-finished lower level is a home within a home: a sprawling family room anchored by a wood-burning fireplace, a kitchen, a 3-piece bathroom, a bedroom, and a private side entrance that has the potential to make the space entirely self-contained. Ideal to enjoy now for a growing family, multigenerational living, or potential for income unit, legal suite or a future 2nd-storey* on this generous 50 x 125 ft lot. The infrastructure is already in place - the vision is yours entirely. Melton Drive has been one of Mississauga's most enduring and sought-after addresses since the 1950s, and it has never stopped earning that reputation. Top-rated schools, lake trails, parks, Sherway Gardens retail, & QEW access all within easy reach. This one is entrusted, not just listed. [*buyers conduct own due diligence]
Estimate your monthly payments for this property
Estimated Payment
$5,073.57/mo
5-yr fixed avg.
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.
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
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.
1083 Melton Drive, Mississauga
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1043/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 28 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.
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.