$1,125,000 - 1083 Melton Drive, Mississauga
Detached for Sale in Mississauga
35 days on marketNeighbourhood: Lakeview
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- MLS Number
- W13735836
- Property Type
- Detached
- Status
- active
- Days on Site
- 35
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Taxes (2025)
- $7,034
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
If you need room for two generations under one roof, or you want a solid Lakeview bungalow on a 50' x 125' lot to make your own, 1083 Melton Drive gives you plenty to work with. The same family has cared for it for 56 years, and the house has been looked after rather than gutted, so you can move in as it is and update on your own schedule. Original hardwood runs across the main floor, under 8' ceilings. The living room has a large south-facing window that brings in light through the middle of the day. The eat-in kitchen is its own room, with 2 windows and space for a breakfast table. Since it's separate, the pots and noise stay out of the dining room when you're hosting. There are 3 bedrooms on the main floor, and the primary shares a renovated 3-piece semi-ensuite with a separate water closet. Downstairs works almost as its own home, with a second kitchen, a 3-piece bath, a fourth bedroom, a family room with a wood-burning fireplace, and a side entrance. That setup suits a parent or an adult child now, and could support a second unit later, subject to City approval. Altogether, there's about 2,400 sq ft of finished space over both levels. Out back, the garden took decades to grow: a rose bush planted the year the house was built, mature plantings for shade and privacy, and a vegetable bed that has produced for years. A built-in garage and a private double driveway give you parking for 5. Sherway Gardens, the QEW, and the waterfront trails are all a short drive away. Furnace and AC owned; hot water tank rental. Flexible closing.
Estimate your monthly payments for this property
Estimated Payment
$4,976.25/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 $1023/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 35 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.