1319 Lakebreeze Drive, Mississauga

Price: $1,648,800

4 bedrooms, 2 bathrooms

1,100 sq ft

Property Type: Single Family Home

MLS#: W12740586

Welcome to this beautifully renovated home located on a spacious 101-foot corner lot in the prestigious Mineola neighbourhood in Mississauga. Situated on Lakebreeze Drive, this charming 3+1 bedroom, 2-bathroom residence offers a functional layout ideal for families and multi-generational living. The main floor features a comfortable bedroom and full washroom, along with an open-concept living space that includes a cozy living room and a custom kitchen with quartz countertops and a marble backsplash.The newly finished walkout basement adds valuable living space, offering a fourth bedroom, a large recreation room, a dedicated storage area, and full laundry facilities. Step outside to enjoy the professionally landscaped yard, complete with a pool-sized side yard, BBQ area, and a relaxing sitting space perfect for entertaining or unwinding.This property also includes a detached 2-car garage with ample storage and qualifies for a future garden suite, plus a generous 6-car driveway for added convenience. Located within walking distance to top-rated schools and just minutes from Port Credit, GO Transit, Lake Ontario waterfront trails and parks, with easy access to the QEW and only 20 minutes to downtown Toronto. Don't miss this rare opportunity to own a stunning home in one of Mississauga's most desirable communities, offering the perfect blend of lifestyle, location, and long-term potential.

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$1,648,800 - 1319 Lakebreeze Drive, Mississauga

Single Family Home for Sale in Mississauga

4Beds
2Baths
1,100Sq Ft
Single Family Home
Property Details
MLS Number
W12740586
Property Type
Single Family Home
Status
active
Days on Market
1
Bedrooms
4
Bathrooms
2
Square Feet
1,100 sqft
City
Mississauga
Description

Welcome to this beautifully renovated home located on a spacious 101-foot corner lot in the prestigious Mineola neighbourhood in Mississauga. Situated on Lakebreeze Drive, this charming 3+1 bedroom, 2-bathroom residence offers a functional layout ideal for families and multi-generational living. The main floor features a comfortable bedroom and full washroom, along with an open-concept living space that includes a cozy living room and a custom kitchen with quartz countertops and a marble backsplash.The newly finished walkout basement adds valuable living space, offering a fourth bedroom, a large recreation room, a dedicated storage area, and full laundry facilities. Step outside to enjoy the professionally landscaped yard, complete with a pool-sized side yard, BBQ area, and a relaxing sitting space perfect for entertaining or unwinding.This property also includes a detached 2-car garage with ample storage and qualifies for a future garden suite, plus a generous 6-car driveway for added convenience. Located within walking distance to top-rated schools and just minutes from Port Credit, GO Transit, Lake Ontario waterfront trails and parks, with easy access to the QEW and only 20 minutes to downtown Toronto. Don't miss this rare opportunity to own a stunning home in one of Mississauga's most desirable communities, offering the perfect blend of lifestyle, location, and long-term potential.

Neighbourhood Guide: Mississauga

Discover Mississauga

Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Mississauga

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1319 Lakebreeze Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$1,168
Insurance (est.)-$344
Net Cash Flow+$1,688

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

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Premium Pricing

At $1499/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.

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.

Investment Perspective

Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,870 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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