$579,000 - 1100 Caven Street Unit 406, Mississauga
Condo for Sale in Mississauga
Neighbourhood: Lakeview
- MLS Number
- W13538348
- Property Type
- Condo
- Status
- active
- Days on Site
- 17
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- EXP REALTY
Welcome to your dream home! This spacious 3 bedroom condo is nestled in the highly sought after Lakeview Area, complete with exclusive access to two underground parking spots! As you step inside, you'll be captivated by the stunningly renovated kitchen, boasting sleek quartz countertops and a much needed kitchen island that's perfect for culinary adventures. The open concept layout is a true entertainer's delight, ideal for family gatherings and hosting friends. You'll love the updated bathrooms, which offer plenty of storage space for all your essentials. One of the bathrooms is equipped with a walk-in shower. The dining room seamlessly flows into the living room, leading you to a beautiful, tranquil balcony. A perfect retreat for curling up with a good book, sipping your favorite beverage, or simply soaking in the serene surroundings. The primary bedroom is a true sanctuary, featuring a spacious walk-in closet, a convenient 2-piece bathroom, and its own private balcony where you can bask in breathtaking sunrises and sunsets. The other two bedrooms are equally inviting, each with their own windows and closets, ensuring everyone has their own cozy space. With maintenance fees covering heat, hydro, water, basic cable, and internet, you can enjoy a hassle free lifestyle! The building itself is packed with fantastic amenities, including an outdoor pool, tennis court, sauna, playground, games room, party room, two dog parks, and ample visitor parking spots. This pet-friendly condo is just a stone's throw away from Lake Ontario, waterfront trails, parks, and schools. Plus, it's a commuter's dream, conveniently located near Port Credit GO Station and Long Branch GO, making your trips to Downtown Toronto or anywhere in the GTA a breeze. Don't miss out on this incredible opportunity, your perfect home awaits!
Estimate your monthly payments for this property
Estimated Payment
$2,970.57/mo
Includes CMHC insurance ($16,154)
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.
1100 Caven Street Unit 406, 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
Competitive Pricing
At $643/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 17 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 900 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.
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.