1220 Meredith Avenue, Mississauga

Price: $2,299,000

4 bedrooms, 6 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W13484616

Solid built house on a very nice, quite, treed, wide, kids and pet friendly street. Full of light family room and kitchen area with very deep lots at the back feels like no houses at the back. Minutes walk to Lake Front Promenade park and lake Ontario. Very desirable location, close to top rated schools, beautiful Lakeview Library, Serson park, open school grounds, community centre, port credit shops, famous ice cream shop and eateries. Close to Long branch and Port credit GO stations. Easy and quick access to highway QEW for downtown Toronto. High end area with custom built homes, perfect for raising a family.

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$2,299,000 - 1220 Meredith Avenue, Mississauga

Detached for Sale in Mississauga

Popular Listing

Neighbourhood: Lakeview

4Beds
6Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W13484616
Property Type
Detached
Status
active
Days on Site
13
Bedrooms
4
Bathrooms
6
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Mississauga
Lot Size
5,350 sqft
Listing Brokerage
RIGHT AT HOME REALTY
Description

Solid built house on a very nice, quite, treed, wide, kids and pet friendly street. Full of light family room and kitchen area with very deep lots at the back feels like no houses at the back. Minutes walk to Lake Front Promenade park and lake Ontario. Very desirable location, close to top rated schools, beautiful Lakeview Library, Serson park, open school grounds, community centre, port credit shops, famous ice cream shop and eateries. Close to Long branch and Port credit GO stations. Easy and quick access to highway QEW for downtown Toronto. High end area with custom built homes, perfect for raising a family.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$10,169.25/mo

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5-yr fixed avg.

Principal: $1,839,200Interest: $1,211,576
Mortgage Amount$1,839,200
Total Interest$1,211,576
Est. Property Tax$1,628/mo
Total Cost$3,050,776

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: Lakeview

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

Lakeview Junior Public SchoolPublic Elementary
Allan A. Martin Senior Public SchoolPublic Middle School
Cawthra Park Secondary SchoolPublic High School
Father John Redmond CSSCatholic High School

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.

62
Walk Score
$500K - $1.5M
Price Range

1220 Meredith Avenue, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,050/mo
Range: $3,443 - $4,658
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,050
Maintenance Fees-$0
Property Tax (est.)-$1,628
Insurance (est.)-$479
Net Cash Flow+$1,943

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

Competitive Pricing

At $657/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.

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.

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.

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.

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.

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    MLS# W13484616 — 1220 Meredith Avenue | Battaglia Team