$1,179,000 - 1199 Melton Drive, Mississauga
Detached for Sale in Mississauga
79 days on marketNeighbourhood: Lakeview
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- MLS Number
- W13586340
- Property Type
- Detached
- Status
- active
- Days on Site
- 79
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Mississauga
- Taxes (2025)
- $7,464
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
NEW IMPROVED PRICE!!! Welcome To Lakeview Living! This Spacious Four-Bedroom BackSplit Offers Approximately 2,363 Sq. Ft. Of Total Finished Living Space. Situated In One Of Mississauga's Most Desirable Communities And Surrounded By Impressive Custom Homes, This Property Offers Exceptional Possibilities For Families, Renovators, Investors And Builders.The Functional Multi-Level Layout Features Three Spacious Bedrooms Upstairs, A Versatile Fourth Bedroom On The Lower Level And A Large Family Room With A Walkout To The Backyard. The Open Rear Exposure, With No Homes Immediately Behind, Provides Added Privacy And Plenty Of Room For Entertaining Or Creating Your Own Outdoor Retreat.The Bright Solarium Features Soaring Ceilings, A Skylight And A Walkout To The Backyard. Currently Used As A Home Gym, This Flexible Space Could Also Serve As A Home Office, Studio, Sitting Room Or Sun-Filled Retreat. The Finished Basement Offers A Second Kitchen And Spacious Recreation Area-Ideal For Extended Family, Guests Or Additional Living Space.Set On A Generous 50 X 123.59 Ft. Lot, The Property Also Features A Double Garage And Parking For Up To Six Vehicles. Move In And Personalize Over Time, Renovate, Expand Or Explore Its Future Redevelopment Potential.Conveniently Located Near The Mississauga-Etobicoke Border, Minutes From The QEW, Public Transit, Sherway Gardens, Shopping, Dining, Parks, Trails And Lakeview And Toronto Golf Courses. Total Finished Living Space Is Approximately 2,363 Sq. Ft. Measurements Exclude The Storage And Utility Areas, Solarium, Fireplace, Garage And Porch. Please Refer To The Floor Plans And Estimated Measurements.
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Estimated Payment
$5,215.11/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.
1199 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
Competitive Pricing
At $786/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.
Negotiation Opportunity
At 79 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.
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.