$2,998,000 - 1355 Applewood Road, Mississauga
Detached for Sale in Mississauga
56 days on marketNeighbourhood: Lakeview
- MLS Number
- W13123456
- Property Type
- Detached
- Status
- active
- Days on Site
- 56
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- SAGE REAL ESTATE LIMITED
Discover this stunning 2018 custom-built contemporary luxury home in the heart of Lakeview, offering 3,485 sq. ft. plus an additional 1305 finished living space in the walk-up lower level. Designed with elegance, comfort, and functionality in mind, this 5-bedroom home features an open-concept layout filled with natural light from expansive rear windows and generous skylights. Beautiful oak hardwood flooring, cathedral ceilings, crown molding, a gas fireplace, and an open-riser staircase with glass railing create a sophisticated and inviting atmosphere throughout. The chef-inspired kitchen is a true showstopper, complete with quartz countertops, a large center island, premium Jenn-Air appliances, updated designer light fixtures, and custom finishes. The entire home has been professionally painted, elevating every space with a fresh, modern feel. Custom shiplap feature walls in the living room, dining room, and mud room add warmth and character throughout. Upstairs, you'll find spacious bedrooms and beautifully appointed bathrooms, all featuring updated light fixtures, with ceiling fans added to four bedrooms for added comfort. The luxurious primary retreat offers his-and-hers walk-in closets and a spa-like 5-piece ensuite with heated flooring. The third-floor loft provides incredible flexibility as a guest suite, home office, or private retreat, complete with its own 3-piece ensuite and balcony access. The finished walk-up lower level expands your living space with a large recreation area, stylish dry bar, custom storage cabinets, and rough-in for a wet bar-perfect for entertaining or extended family living. Additional upgrades include a newer dishwasher (approx. 2 years), updated garage door frame and wheels, and thoughtful enhancements throughout the home.
Estimate your monthly payments for this property
Estimated Payment
$13,261.17/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.
1355 Applewood Road, 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 $999/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.
Negotiation Opportunity
At 56 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 3,000 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 5 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 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.