1349 Melton Drive, Mississauga

Price: $2,995,900

6 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W13470200

Modern Luxury Custom Built House In Lakeview. This 2-Storey Masterpiece Spans Approx 5,800Sqft., Well Designed and Functional Layout. Its Prime Location Provides Effortless Access ToTop-Rated Schools, Scenic Parks, Prestigious Golf Clubs & Is Just Mins From Lakefront PromenadePark, Port Credit Marina, Clarkson Village & Major Routes Including The QEW. GleamingEngineered Hdwd Flrs, Designer Moen Fixtures, LED Lighting, Smart Home Automation, A CentralVacuum System & A Pvt Elevator Serving All Lvls Ensure Ultimate Convenience. The Heart Of TheHome, The Gourmet Kitchen, Features A Porcelain Waterfall Island, Thermador Appliances,Textured Cabinetry W/ Under-Cabinet Lighting & 12ft Sliding Doors That Seamlessly Connect To ACovered Outdoor Patio, Perfect For Entertaining Or Casual Family Gatherings. The Main Flr AlsoIncludes A Refined Living Room W/ A Sleek Gas F/P, Custom Media Wall & Oversized WindowsFraming Serene Bkyd Views. A Formal Dining Room, Pvt Office, Stylish 3-Pc Bath & Custom MudroomW/ Dog Wash Station Complete This Lvl. Upstairs, 4 Bdrms Offer Peaceful Retreats, HighlightedBy A Primary Suite Defined By Spa-Inspired Ensuite, Ambient-Lit W/I Closet, B/I Speakers & APvt Balcony Overlooking The Landscaped Surroundings. A Dedicated Laundry Room & 2 Addnl BathsProvide Added Convenience For Busy Family Life. The Lower Lvl Expands The Homes Versatility W/A Spacious Rec Area, A Home Theatre Featuring A 100-Inch Display W/ Surround Sound & A FullyEquipped Legal 2-Bdrm Apart W/ Pvt Entrance, Full Kitchen, Laundry & Security System, Ideal ForExtended Family Or Rental Potential. Externally, The Property Impresses W/ A Heated Driveway,Fluted Garage W/ EV Chargers, Stone-&-Stucco Facade, & A Bkyd Featuring A 12 X 20 CoveredPatio, Irrigation System, Ambient LED Lighting & 10ft Concrete Fencing Ensuring Privacy.

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$2,995,900 - 1349 Melton Drive, Mississauga

Detached for Sale in Mississauga

Popular Listing

Neighbourhood: Lakeview

6Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W13470200
Property Type
Detached
Status
active
Days on Site
9
Bedrooms
6
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Modern Luxury Custom Built House In Lakeview. This 2-Storey Masterpiece Spans Approx 5,800Sqft., Well Designed and Functional Layout. Its Prime Location Provides Effortless Access ToTop-Rated Schools, Scenic Parks, Prestigious Golf Clubs & Is Just Mins From Lakefront PromenadePark, Port Credit Marina, Clarkson Village & Major Routes Including The QEW. GleamingEngineered Hdwd Flrs, Designer Moen Fixtures, LED Lighting, Smart Home Automation, A CentralVacuum System & A Pvt Elevator Serving All Lvls Ensure Ultimate Convenience. The Heart Of TheHome, The Gourmet Kitchen, Features A Porcelain Waterfall Island, Thermador Appliances,Textured Cabinetry W/ Under-Cabinet Lighting & 12ft Sliding Doors That Seamlessly Connect To ACovered Outdoor Patio, Perfect For Entertaining Or Casual Family Gatherings. The Main Flr AlsoIncludes A Refined Living Room W/ A Sleek Gas F/P, Custom Media Wall & Oversized WindowsFraming Serene Bkyd Views. A Formal Dining Room, Pvt Office, Stylish 3-Pc Bath & Custom MudroomW/ Dog Wash Station Complete This Lvl. Upstairs, 4 Bdrms Offer Peaceful Retreats, HighlightedBy A Primary Suite Defined By Spa-Inspired Ensuite, Ambient-Lit W/I Closet, B/I Speakers & APvt Balcony Overlooking The Landscaped Surroundings. A Dedicated Laundry Room & 2 Addnl BathsProvide Added Convenience For Busy Family Life. The Lower Lvl Expands The Homes Versatility W/A Spacious Rec Area, A Home Theatre Featuring A 100-Inch Display W/ Surround Sound & A FullyEquipped Legal 2-Bdrm Apart W/ Pvt Entrance, Full Kitchen, Laundry & Security System, Ideal ForExtended Family Or Rental Potential. Externally, The Property Impresses W/ A Heated Driveway,Fluted Garage W/ EV Chargers, Stone-&-Stucco Facade, & A Bkyd Featuring A 12 X 20 CoveredPatio, Irrigation System, Ambient LED Lighting & 10ft Concrete Fencing Ensuring Privacy.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$13,251.88/mo

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5-yr fixed avg.

Principal: $2,396,720Interest: $1,578,843
Mortgage Amount$2,396,720
Total Interest$1,578,843
Est. Property Tax$2,122/mo
Total Cost$3,975,563

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

1349 Melton Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,850/mo
Range: $4,123 - $5,578
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,850
Maintenance Fees-$0
Property Tax (est.)-$2,122
Insurance (est.)-$624
Net Cash Flow+$2,104

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

Fair Market Value

At $856/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.

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.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.

Bathroom Count Matters

With 5 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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    1349 Melton Drive, Mississauga | $2,995,900 | Battaglia Team