1141 Lakeshore Road, Mississauga

Price: $1,249,850

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W14031582

Located In The Prestigious Lorne Park Community, This Well-Maintained Bungalow Presents An Exceptional Opportunity For Families, Builders & Investors. Set On A Generous 73.75 X 125.82 Ft Lot, The Property Offers 1,689 Sqft ,2+1 Bedrooms & 2 Baths, W/ The Flexibility To Enjoy As Is, Renovate To Suit Your Vision Or Explore Future Possibilities. The Main Level Features A Welcoming Living Room W/ Gas Fireplace & Large Window, Spacious Dining Area & Functional Kitchen W/ S/S Appliances. The Primary Bedroom Boasts Built-In His-&-Hers Closets & A Walkout To A Private Deck, While The Second Bedroom Offers A Walk-In Closet W/ Built-Ins. A Skylit Mudroom With Stone Flooring Provides Convenient Access To The Backyard, Attached Garage & Separate Side Entrance. The Lower Level Features A Spacious Family Room Enclosed By French Doors, An Additional Bedroom Or Private Retreat, A 4-Piece Bathroom With Freestanding Soaker Tub & Separate Shower, And A Generous Laundry Room With Ample Counter Space. Outside, Mature Trees, Established Greenery, A Raised Deck & An Expansive Driveway Accommodating Approximately 10 Vehicles Complement The Substantial Lot. Drawings For A Detached Garage Are Available, Along With Plans To Convert The Existing Attached Garage Into Additional Living Space, Offering Exciting Potential For Future Enhancements, Subject To Applicable Approvals. Ideal For Those Seeking A Comfortable Home Today With Opportunities To Personalize And Add Value Over Time. Ideally Situated Near Excellent Public, Catholic & Private Schools, Jack Darling Memorial Park, Rattray Marsh Conservation Area & The Lake Ontario Waterfront. Enjoy Convenient Access To Clarkson Village & Port Credit Village, Offering Boutique Shopping, Cafés, Restaurants & Everyday Amenities. Clarkson GO & The QEW Provide Convenient Connections Throughout Mississauga & Into Toronto. A Compelling Opportunity To Secure A Versatile Property On A Substantial Lot In One Of Mississauga's Most Sought-After Neighbourhoods.

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active
New Listing

$1,249,850 - 1141 Lakeshore Road, Mississauga

Detached for Sale in Mississauga

New — Listed yesterday

Neighbourhood: Lorne Park

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
W14031582
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Taxes (2026)
$7,681
Listing Brokerage
RE/MAX REALTY ENTERPRISES INC.
Description

Located In The Prestigious Lorne Park Community, This Well-Maintained Bungalow Presents An Exceptional Opportunity For Families, Builders & Investors. Set On A Generous 73.75 X 125.82 Ft Lot, The Property Offers 1,689 Sqft ,2+1 Bedrooms & 2 Baths, W/ The Flexibility To Enjoy As Is, Renovate To Suit Your Vision Or Explore Future Possibilities. The Main Level Features A Welcoming Living Room W/ Gas Fireplace & Large Window, Spacious Dining Area & Functional Kitchen W/ S/S Appliances. The Primary Bedroom Boasts Built-In His-&-Hers Closets & A Walkout To A Private Deck, While The Second Bedroom Offers A Walk-In Closet W/ Built-Ins. A Skylit Mudroom With Stone Flooring Provides Convenient Access To The Backyard, Attached Garage & Separate Side Entrance. The Lower Level Features A Spacious Family Room Enclosed By French Doors, An Additional Bedroom Or Private Retreat, A 4-Piece Bathroom With Freestanding Soaker Tub & Separate Shower, And A Generous Laundry Room With Ample Counter Space. Outside, Mature Trees, Established Greenery, A Raised Deck & An Expansive Driveway Accommodating Approximately 10 Vehicles Complement The Substantial Lot. Drawings For A Detached Garage Are Available, Along With Plans To Convert The Existing Attached Garage Into Additional Living Space, Offering Exciting Potential For Future Enhancements, Subject To Applicable Approvals. Ideal For Those Seeking A Comfortable Home Today With Opportunities To Personalize And Add Value Over Time. Ideally Situated Near Excellent Public, Catholic & Private Schools, Jack Darling Memorial Park, Rattray Marsh Conservation Area & The Lake Ontario Waterfront. Enjoy Convenient Access To Clarkson Village & Port Credit Village, Offering Boutique Shopping, Cafés, Restaurants & Everyday Amenities. Clarkson GO & The QEW Provide Convenient Connections Throughout Mississauga & Into Toronto. A Compelling Opportunity To Secure A Versatile Property On A Substantial Lot In One Of Mississauga's Most Sought-After Neighbourhoods.

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Estimated Payment

$5,528.51/mo

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5-yr fixed avg.

Principal: $999,880Interest: $658,672
Mortgage Amount$999,880
Total Interest$658,672
Est. Property Tax$885/mo
Total Cost$1,658,552

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: Lorne Park

Mississauga's Premier Address

Lorne Park is widely regarded as one of Mississauga's most prestigious neighbourhoods. Known for its large lots, mature trees, and stately homes, this established community offers a peaceful, upscale living environment. The area features a mix of renovated heritage homes and impressive new builds, all set along winding, tree-canopied streets.

Why Live in Lorne Park

  • •Large lots with mature trees and established gardens
  • •Prestigious address with strong property values
  • •Close to Lake Ontario and waterfront parks
  • •Excellent public and private schools
  • •Safe, quiet residential streets

Nearby Schools

Lorne Park Secondary SchoolPublic High School
Applewood Heights Secondary SchoolPublic High School
Lorne Park Public SchoolPublic Elementary
McKinnon Public SchoolPublic Elementary

Transit & Commuting

  • •Clarkson GO Station nearby
  • •MiWay bus routes along Lakeshore Road
  • •Easy access to QEW and Highway 403
  • •20-minute drive to Toronto Pearson Airport

Parks & Amenities

  • •Rattray Marsh Conservation Area
  • •Jack Darling Memorial Park
  • •Lorne Park Library
  • •Private tennis and country clubs
  • •Lakefront walking trails

Lifestyle & Community

Lorne Park offers a refined, private lifestyle with access to nature and waterfront amenities. Residents value the neighbourhood's exclusivity, excellent schools, and proximity to outdoor recreation. The area is ideal for families seeking space and quality of life.

45
Walk Score
$1.5M - $5M+
Price Range

1141 Lakeshore Road, 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)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$885
Insurance (est.)-$260
Net Cash Flow+$1,655

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

Fair Market Value

At $1136/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 Lorne Park

I know Lorne Park 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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    1141 Lakeshore Road, Mississauga | $1,249,850 | Battaglia Team