$2,698,000 - 1487 Myron Drive, Mississauga
Detached for Sale in Mississauga
Neighbourhood: Lakeview
- MLS Number
- W13540580
- Property Type
- Detached
- Status
- active
- Days on Site
- 19
- 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 with this exceptional 2-storey residence situated on a premium 51 x 265 ft lot backing onto Lakeview Golf Course and surrounded by mature greenery. A charming stone façade and extended driveway for six vehicles create a stunning first impression, while the open-concept interior showcases soaring ceilings, elegant hardwood floors, expansive windows, LED pot lights, coffered ceilings, and beautifully designed living spaces ideal for both everyday living and entertaining. The gourmet kitchen is the heart of the home, featuring quartz countertops, a centre island, walk-through servery/pantry, abundant cabinetry, and a bright breakfast area with walkout to the backyard deck for seamless indoor-outdoor living. The adjoining family room offers a gas fireplace, built-in speakers, coffered ceilings, and oversized picture windows, while formal living and dining rooms, a private home office with solid wood wainscoting, and a mudroom with pet shower complete the main level. Ideal for growing or multi-generational families, the upper level offers four oversized bedrooms, each with its own ensuite bathroom and walk-in closet, providing exceptional comfort and privacy. The luxurious primary retreat features a spacious walk-in closet and a spa-inspired 6-piece ensuite with steam shower. The finished walkout lower level extends the living space with an oversized recreation room incorporating a home gym, games area, and secondary family room, while offering endless possibilities to create a private in-law or multi-generational living space. Outside, enjoy a private backyard oasis featuring a Lumon glass-covered upper deck, lower stone patio with hot tub, modern composite fencing, and expansive green space with room for an in-ground pool. Approximately $300,000 has been invested in upgrades, creating an exceptional home that perfectly blends luxury, flexibility, and family living in one of Lakeview's most desirable neighbourhoods.
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.
Market Position
At 19 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.
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.