1400 Dixie Road Unit 1510, Mississauga

Price: $1,850,000

3 bedrooms, 4 bathrooms

2,250 sqft

Property Type: Condo

MLS#: W13585412

Beautifully renovated penthouse residence at the prestigious Fairways, distinguished by an estate-sized private terrace with multiple outdoor living and entertaining areas, panoramic city skyline views, and sweeping vistas over both the Toronto Golf Club and Lakeview Golf Course. Complete with two premium side-by-side parking spaces and a locker, this exceptional residence offers the comfort of a home with the ease of full-service condominium living. Thoughtfully redesigned throughout, this light-filled residence is surrounded by expansive windows that capture spectacular views while offering exceptional privacy. Wide-plank hardwood floors flow throughout the elegant living spaces, centred around a stunning custom chef's kitchen with quartz countertops, premium stainless steel appliances, a large centre island with two built-in wine fridges, abundant storage, and a breakfast area overlooking the terrace. The spacious dining room, complete with custom built-in cabinetry, is ideal for entertaining, while the inviting living room features an electric fireplace and walkout to the spectacular terrace. The luxurious primary retreat offers a beautifully renovated spa-inspired ensuite, a wall of custom closets, and a dedicated home office. Privately located on the opposite level, the second bedroom enjoys its own beautifully renovated full bathroom, while the adjacent den features a stylish wet bar with sink and bar fridge, creating an ideal guest suite or private retreat. Residents enjoy 24-hour concierge and security, outdoor pool, tennis, pickleball and shuffleboard courts, putting green, fitness centre, library, woodworking studio, BBQ areas, and the historic McMaster House. Maintenance fees include heat, hydro, water, cable TV, high-speed internet, and building insurance. A rare turnkey opportunity for discerning buyers. This is downsizing without compromise.

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$1,850,000 - 1400 Dixie Road Unit 1510, Mississauga

Condo for Sale in Mississauga

34 days on market

Neighbourhood: Lakeview

3Beds
4Baths
2,250Sq Ft
Condo
Property Details
MLS Number
W13585412
Property Type
Condo
Status
active
Days on Site
34
Bedrooms
3
Bathrooms
4
Square Feet
2,250 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South West
Balcony
Terrace
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Description

Beautifully renovated penthouse residence at the prestigious Fairways, distinguished by an estate-sized private terrace with multiple outdoor living and entertaining areas, panoramic city skyline views, and sweeping vistas over both the Toronto Golf Club and Lakeview Golf Course. Complete with two premium side-by-side parking spaces and a locker, this exceptional residence offers the comfort of a home with the ease of full-service condominium living. Thoughtfully redesigned throughout, this light-filled residence is surrounded by expansive windows that capture spectacular views while offering exceptional privacy. Wide-plank hardwood floors flow throughout the elegant living spaces, centred around a stunning custom chef's kitchen with quartz countertops, premium stainless steel appliances, a large centre island with two built-in wine fridges, abundant storage, and a breakfast area overlooking the terrace. The spacious dining room, complete with custom built-in cabinetry, is ideal for entertaining, while the inviting living room features an electric fireplace and walkout to the spectacular terrace. The luxurious primary retreat offers a beautifully renovated spa-inspired ensuite, a wall of custom closets, and a dedicated home office. Privately located on the opposite level, the second bedroom enjoys its own beautifully renovated full bathroom, while the adjacent den features a stylish wet bar with sink and bar fridge, creating an ideal guest suite or private retreat. Residents enjoy 24-hour concierge and security, outdoor pool, tennis, pickleball and shuffleboard courts, putting green, fitness centre, library, woodworking studio, BBQ areas, and the historic McMaster House. Maintenance fees include heat, hydro, water, cable TV, high-speed internet, and building insurance. A rare turnkey opportunity for discerning buyers. This is downsizing without compromise.

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Estimated Payment

$8,183.17/mo

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5-yr fixed avg.

Principal: $1,480,000Interest: $974,952
Mortgage Amount$1,480,000
Total Interest$974,952
Est. Property Tax$1,310/mo
Total Cost$2,454,952

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

1400 Dixie Road Unit 1510, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,760/mo
Range: $3,196 - $4,324
Cap Rate (ROI)
0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,760
Maintenance Fees-$1,463
Property Tax (est.)-$1,310
Insurance (est.)-$385
Net Cash Flow+$602

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 $822/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.

Market Position

At 34 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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.

Bathroom Count Matters

With 4 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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    1400 Dixie Road Unit 1510, Mississauga | $1,850,000 | Battaglia Team