1083 Seneca Avenue, Mississauga

Price: $2,995,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13230352

Exceptional development opportunity in the heart of Mississauga's Lakeview and Port Credit communities. This 11,000 sq ft infill site has the potential to add an additional 11,000 sq ft (neighbouring property) for a total of 22,748 of potential development area. Zoned D-1 High Density, this infill site is well positioned on the fringe of both Port Credit and Lakeview communities, offering any new development close proximity to nearby shopping, top-rated schools, accessible transit and numerous neighbourhood parks. Concept ideas are available in our Offering Memorandum.

1083 Seneca Avenue - Detached photo 1 of 5 in Mississauga, Ontario
1083 Seneca Avenue - Detached photo 2 of 5 in Mississauga, Ontario
1083 Seneca Avenue - Detached photo 3 of 5 in Mississauga, Ontario
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$2,995,000 - 1083 Seneca Avenue, Mississauga

Detached for Sale in Mississauga

35 days on market

Neighbourhood: Port Credit

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W13230352
Property Type
Detached
Status
active
Days on Site
35
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

Exceptional development opportunity in the heart of Mississauga's Lakeview and Port Credit communities. This 11,000 sq ft infill site has the potential to add an additional 11,000 sq ft (neighbouring property) for a total of 22,748 of potential development area. Zoned D-1 High Density, this infill site is well positioned on the fringe of both Port Credit and Lakeview communities, offering any new development close proximity to nearby shopping, top-rated schools, accessible transit and numerous neighbourhood parks. Concept ideas are available in our Offering Memorandum.

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Estimated Payment

$13,247.90/mo

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5-yr fixed avg.

Principal: $2,396,000Interest: $1,578,369
Mortgage Amount$2,396,000
Total Interest$1,578,369
Est. Property Tax$2,121/mo
Total Cost$3,974,369

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: Port Credit

Waterfront Living at Its Finest

Port Credit is Mississauga's premier waterfront community, offering stunning Lake Ontario views and a vibrant village atmosphere. This sought-after neighbourhood combines urban amenities with natural beauty, featuring a bustling marina, eclectic restaurants, and beautiful waterfront parks. The area has undergone significant revitalization, making it one of the most desirable addresses in the GTA.

Why Live in Port Credit

  • Direct access to Lake Ontario waterfront and marina
  • Award-winning restaurants and local boutiques
  • Port Credit GO Station for easy Toronto commuting
  • Active arts and culture scene
  • Year-round festivals and community events

Nearby Schools

Port Credit Secondary SchoolPublic High School
St. Paul Secondary SchoolCatholic High School
Forest Avenue Public SchoolPublic Elementary
St. Dominic Catholic SchoolCatholic Elementary

Transit & Commuting

  • Port Credit GO Station - 25 minutes to Union Station
  • MiWay bus connections throughout Mississauga
  • Waterfront Trail for cycling
  • 15-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Port Credit Marina
  • J.C. Saddington Park
  • Port Credit Memorial Park
  • Waterfront Trail
  • Local cinema and performance venues

Lifestyle & Community

Port Credit offers an enviable waterfront lifestyle with the convenience of urban living. Residents enjoy morning walks along the lake, dining at acclaimed restaurants, and weekend sailing. The area attracts young professionals, families, and retirees who appreciate the active, social atmosphere.

85
Walk Score
$700K - $3.5M
Price Range

1083 Seneca Avenue, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
0.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$2,121
Insurance (est.)-$624
Net Cash Flow+$55

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 $2723/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.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 Port Credit

I know Port Credit 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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    MLS# W13230352 — 1083 Seneca Avenue | Battaglia Team