1400 Dixie Road Unit 2203, Mississauga

Price: $2,690,000

3 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Condo

MLS#: W13737754

PENTHOUSE LIVING AT ITS FINESTRenovated to perfection, this exceptional penthouse offers a rare combination of sophisticated design and luxurious finishes. From its elevated position, enjoy spectacular vistas south and east overlooking Lake Ontario with two picturesque golf courses and views of the Toronto skyline.Over 3,000 Sq.Ft redesigned with attention to quality, the home features raised 8.5ft ceilings, rich wide plank hickory flooring, wall to wall windows with motorized blinds, and custom cabinetry throughout including a queen size murphy bed in the den, creating an elegant and highly functional living environment. Beautiful porcelain tile and marble in the bathrooms, and a heated floor in the primary ensuite. A separate laundry room and extensive in suite storage add the convenience and practicality expected in a residence. A large cooks' kitchen built for entertaining, features custom cabinetry, a 42" built in fridge, Thermador induction cook top, wall ovens and warming drawer, undercounter wine and beverage fridges and natural stone counters and backsplash, with adjacent laundry room / butlers pantry.The crown jewel is the extraordinary huge upper terrace, a private outdoor oasis beautifully landscaped with mature evergreens and colorful flowers and irrigation system. Several seating and dining areas throughout and a canvas awning complete this space.More than a penthouse, it is a lifestyle defined by privacy, luxury, indoor - outdoor living and unparalleled panoramic vistas.

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New Listing
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$2,690,000 - 1400 Dixie Road Unit 2203, Mississauga

Condo for Sale in Mississauga

New — Listed 3 days ago

Neighbourhood: Lakeview

3Beds
4Baths
3,000 - 3,499Sq Ft
Condo

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Property Details
MLS Number
W13737754
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Mississauga
Locker
Ensuite+Exclusive
Exposure
South
Balcony
Terrace
Listing Brokerage
ROYAL LEPAGE REALTY PLUS
Description

PENTHOUSE LIVING AT ITS FINESTRenovated to perfection, this exceptional penthouse offers a rare combination of sophisticated design and luxurious finishes. From its elevated position, enjoy spectacular vistas south and east overlooking Lake Ontario with two picturesque golf courses and views of the Toronto skyline.Over 3,000 Sq.Ft redesigned with attention to quality, the home features raised 8.5ft ceilings, rich wide plank hickory flooring, wall to wall windows with motorized blinds, and custom cabinetry throughout including a queen size murphy bed in the den, creating an elegant and highly functional living environment. Beautiful porcelain tile and marble in the bathrooms, and a heated floor in the primary ensuite. A separate laundry room and extensive in suite storage add the convenience and practicality expected in a residence. A large cooks' kitchen built for entertaining, features custom cabinetry, a 42" built in fridge, Thermador induction cook top, wall ovens and warming drawer, undercounter wine and beverage fridges and natural stone counters and backsplash, with adjacent laundry room / butlers pantry.The crown jewel is the extraordinary huge upper terrace, a private outdoor oasis beautifully landscaped with mature evergreens and colorful flowers and irrigation system. Several seating and dining areas throughout and a canvas awning complete this space.More than a penthouse, it is a lifestyle defined by privacy, luxury, indoor - outdoor living and unparalleled panoramic vistas.

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Estimated Payment

$11,898.78/mo

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5-yr fixed avg.

Principal: $2,152,000Interest: $1,417,633
Mortgage Amount$2,152,000
Total Interest$1,417,633
Est. Property Tax$1,905/mo
Total Cost$3,569,633

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 2203, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,360/mo
Range: $3,706 - $5,014
Cap Rate (ROI)
-0.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,360
Maintenance Fees-$1,950
Property Tax (est.)-$1,905
Insurance (est.)-$560
Net Cash Flow-$55

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 $897/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.

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.

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.

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.

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.

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    1400 Dixie Road Unit 2203, Mississauga | $2,690,000 | Battaglia Team