1290 Strathy Avenue, Mississauga

Price: $799,000

3 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W13690080

Welcome to 1290 Strathy Avenue, a fantastic opportunity in the heart of Mississauga's sought-after Lakeview community. Situated on a generous 50 x 110 ft lot, this detached 3-bedroom, 1-bathroom home offers incredible potential for renovators, builders, investors or buyers looking to create a home of their own.Surrounded by a mix of established homes, thoughtful renovations and impressive new builds, this property presents an exciting opportunity to renovate, expand or reimagine the existing home and take full advantage of the substantial lot.Enjoy an established residential neighbourhood just minutes from Lake Ontario, waterfront parks and trails, schools, shopping, transit and everyday amenities, with convenient access to the QEW and Toronto.Adding to the appeal is the incredible transformation underway along Mississauga's waterfront, including the evolving Lakeview Village community and its planned parks, trails, public spaces and waterfront amenities.Whether you're looking for your next renovation project, an investment opportunity, or the perfect lot to bring your vision to life, 1290 Strathy Avenue offers outstanding potential in one of Mississauga's most exciting and evolving neighbourhoods. A rare opportunity to invest today and be part of Lakeview's future.

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New Listing
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$799,000 - 1290 Strathy Avenue, Mississauga

Detached for Sale in Mississauga

New — Listed 5 days ago

Neighbourhood: Lakeview

3Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
W13690080
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
3
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Mississauga
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to 1290 Strathy Avenue, a fantastic opportunity in the heart of Mississauga's sought-after Lakeview community. Situated on a generous 50 x 110 ft lot, this detached 3-bedroom, 1-bathroom home offers incredible potential for renovators, builders, investors or buyers looking to create a home of their own.Surrounded by a mix of established homes, thoughtful renovations and impressive new builds, this property presents an exciting opportunity to renovate, expand or reimagine the existing home and take full advantage of the substantial lot.Enjoy an established residential neighbourhood just minutes from Lake Ontario, waterfront parks and trails, schools, shopping, transit and everyday amenities, with convenient access to the QEW and Toronto.Adding to the appeal is the incredible transformation underway along Mississauga's waterfront, including the evolving Lakeview Village community and its planned parks, trails, public spaces and waterfront amenities.Whether you're looking for your next renovation project, an investment opportunity, or the perfect lot to bring your vision to life, 1290 Strathy Avenue offers outstanding potential in one of Mississauga's most exciting and evolving neighbourhoods. A rare opportunity to invest today and be part of Lakeview's future.

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Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

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5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

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

1290 Strathy Avenue, 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)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$2,068

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

Premium Pricing

At $1141/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

Efficient Living

At 700 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.

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    1290 Strathy Avenue, Mississauga | $799,000 | Battaglia Team