$1,269,000 - 1199 Melton Drive, Mississauga
Detached for Sale in Mississauga
New — Listed 2 days agoNeighbourhood: Lakeview
- MLS Number
- W13586340
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Welcome To Lakeview Living At Its Finest! This Charming 4-Bedroom Back-Split Is Ideally Situated In One Of Mississauga's Most Desirable Communities, Surrounded By Stunning Multi-Million-Dollar Custom Homes And Endless Possibilities. Whether You're Looking To Renovate, Expand, Or Build Your Dream Home From The Ground Up, This Property Offers Incredible Potential. The Functional Layout Features Three Spacious Bedrooms On The Upper Level, A Versatile Fourth Bedroom On The Lower Level, And A Large Family Room With A Walk-Out To A Private Backyard-Perfect For Entertaining, Relaxing, And Creating Your Own Outdoor Oasis. Adding To The Home's Versatility Is A Bright Solarium Featuring Soaring Ceilings, A Skylight, And A Walk-Out To The Backyard. Currently Used As A Home Gym, This Flexible Space Offers Endless Possibilities As A Sun-Filled Retreat, Home Office, Studio, Or Additional Living Space. The Fully Finished Basement Provides Even More Living Space, Featuring A Second Kitchen And A Spacious Recreation Area, Ideal For Extended Family, Guests, A Home Office, Or Additional Flexibility To Suit Your Lifestyle. Enjoy A Prime Location On The Mississauga-Etobicoke Border With Unbeatable Convenience. Minutes To The QEW, Public Transit, Sherway Gardens, Shopping, Dining, And Everyday Amenities. Enjoy Weekend Walks At Laughton Heights Park, Explore The Etobicoke Creek Trails, Or Tee Off At The Nearby Lakeview And Toronto Golf Courses. A Rare Opportunity For Builders, Investors, Or Families Looking To Create Something Truly Special In A Thriving And Connected Community. Don't Miss Your Chance To Make Your Mark In Lakeview! TOTAL SQFT 2365, Above Ground 1768 and Below 595. Excludes Area: Storage, Utility Room, Solarium, Fireplace, Garage and Porch. Refer To Floor Plan and (Estimated) Measurements.
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Estimated Payment
$5,613.22/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
Fair Market Value
At $846/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.
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.