$2,980,000 - 1088 Orchard Road, Mississauga
Detached for Sale in Mississauga
111 days on marketNeighbourhood: Lakeview
- MLS Number
- W12896904
- Property Type
- Detached
- Status
- active
- Days on Site
- 111
- Bedrooms
- 6
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Mississauga
- Lot Size
- 10,000 sqft
- Listing Brokerage
- NEST SEEKERS INTERNATIONAL REAL ESTATE
Luxury Living in Lakeview. Welcome to 1088 Orchard Road, a custom-built residence offering exceptional space, craftsmanship, and opportunity in one of Mississauga's most desirable neighborhoods. Seton an impressive 50 x 200 ft lot, this stunning home offers over 5,000sq. ft. of total living space. Step inside to a bright and spacious interior featuring wide-plank hardwood floors and an open-concept layout filled with natural light. The chef's kitchen is equipped with high-end appliances, a large center island, and a separate servery with a large pantry, seamlessly connecting to kitchen and dining area. Upstairs, discover very generously sized bedrooms, each complete with custom closets and private bathrooms. The primary suite serves as a private retreat featuring his and her custom walk-in closets and a luxurious ensuite. The fully finished lower level offers incredible flexibility, featuring a large recreation area with a built-in bar, an additional bedroom, separate washroom, and extra space ideal for a home office or gym. Step outside to a rare oversized backyard with a deck and endless possibilities. With the depth of the lot, this outdoor space presents a blank canvas to create your dream outdoor retreat !Located just minutes from the Lake Ontario waterfront, beaches, golf courses, Port Credit, marinas, top schools, major highways, and premier shopping. A rare opportunity to own a customhome on a premium lot in the highly sought-after Lakeview community.
Estimate your monthly payments for this property
Estimated Payment
$13,181.55/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.
1088 Orchard Road, 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 $851/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.
Negotiation Opportunity
At 111 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.
Larger Home Realities
At 3,500 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 6 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.