$3,499,850 - 1690 Sherway Drive, Mississauga
Detached for Sale in Mississauga
New — Listed todayNeighbourhood: Lakeview
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- MLS Number
- W14094966
- Property Type
- Detached
- Status
- active
- Days on Site
- 0
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Mississauga
- Lot Size
- 2 sqft
- Taxes (2026)
- $17,102
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
An Extraordinary Offering In Lakeview! Set On Nearly 1.8 Acres Of Pvt, Tree-Lined Grounds Backing Onto Etobicoke Creek & A Wooded Ravine, This Remarkable Property Presents An Exceptional Opportunity For Families, Builders & Investors Like No Other. Whether Reimagining The Existing Residence, Creating A Grand Custom Estate Or Exploring Potential Severance, This Expansive Parcel Offers Outstanding Possibilities, Subject To Applicable Approvals. The Traditional Country-Inspired Home Features 4+1 Bdrms, 4 Baths & Approx. 4,518 Sqft. Of Total Space, W/ Generously Proportioned Principal Rooms, Oversized Windows, A Bright Kitchen W/ Stone Countertops & Centre Island, & A Character-Rich Family Room W/ Exposed Wood Beams, Wood Panelling, Wood-Burning F/P & Wet Bar. Upstairs, 4 Well-Proportioned Bdrms Offer Comfort & Privacy, Each Featuring Generous Space, Lrg Windows & Dbl-Door Closets. The Spacious Primary Retreat Boasts A Vaulted Ceiling, His-&-Hers Closets, A 4-Pc Ensuite & Views Of The Surrounding Grounds. The Bright Lower Lvl Offers A Rec Area, Pvt Office, Addn'l Bath & Storage. Outdoors, Expansive Lawns, Mature Trees, A Saltwater In-Ground Pool & A Generous Rear Deck Create An Inviting Setting For Relaxation & Entertaining. A Detached Cottage-Style Bungalow W/ Its Own Kitchen & 4-Pc Bath Adds Versatility For Guests, A Home Office Or Potential Nanny Suite, Subject To Applicable Permissions. Addn'l Features Include A Dbl-Car Garage, Parking For Up To 9 Vehicles, 200-Amp Electrical Service & Water Filtration System. The Impressive 266.93 X 357.7 Ft. Lot Offers Extraordinary Scale, Privacy & Potential For A Custom Estate Or Further Exploration Of Development Opportunities, Subject To Municipal Approvals, Zoning & Applicable Regulations. Located Near CF Sherway Gardens, Schools, Healthcare, Major Highways & Toronto Pearson International Airport, This Rare Lakeview Offering Combines A Tranquil Natural Setting W/ Exceptional Convenience & Remarkable Long-Term Potential.
Estimate your monthly payments for this property
Estimated Payment
$15,481.02/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.
1690 Sherway 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
Premium Pricing
At $1167/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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.
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.
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 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.