$2,698,000 - 1487 Myron Drive, Mississauga
Detached for Sale in Mississauga
98 days on marketNeighbourhood: Lakeview
- MLS Number
- W12941544
- Property Type
- Detached
- Status
- active
- Days on Site
- 98
- Bedrooms
- 4
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
Immerse yourself in Lakeview's sought-after community w/ this incomparable 2-storey residence situated on a 51 x 265 ft lot backing onto the Lakeview Golf Course & surrounded by mature greenery. The charming stone facade w/ elongated driveway for 6 vehicles sets a captivating tone which is maintained as you step through the front door & into the breathtaking open concept interior. Here, you're greeted w/ soaring ceiling heights elevated w/ LED pot lights & coffered ceilings in several rooms, sophisticated hardwood floors, expansive windows & large living spaces where loved ones gather. The gourmet kitchen is the heart of this home & showcases a meticulously thought out design w/ a servery station/pantry, a centre island w/ quartz countertops, ample upper & lower cabinetry space, and a breakfast area that opens up to the backyard deck for seamless indoor-outdoor entertainment. For those that love hosting movie night, your family room provides the perfect ambiance to do so w/ a gas fireplace, built-in speakers, coffered ceilings & a picture window. Accompanying this level are your formal living & dining areas, a home office w/ solid wood wainscotting & a mudroom w/ pet shower. Ascend upstairs & into the Owners suite curated for rest and relaxation while offering "must haves" including a large walk-in closet & a spa-like 6pc ensuite w/ steam shower. 3 more spacious bedrooms down the hall w/ their own design details including walk-in closets & 4pc ensuites + the laundry room. The basement completes the interior w/ an oversize rec area that blends a home gym with mirrored walls, a game area, and a secondary living area to gather around. At last, your backyard Oasis w/ modern composite fence awaits offering residents an upper deck w/ Lumon glass roof to enjoy your morning coffee or evening cap, a lower stone patio w/ sitting area & hot tub - perfect for alfresco dining and relaxation, and ample green space with room to add an in-ground pool. Apprx $300k spent in upgrades!
Estimate your monthly payments for this property
Estimated Payment
$11,934.16/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.
1487 Myron Drive, 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
Competitive Pricing
At $771/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 98 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 3,500 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.
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.
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.