$1,125,000 - 2050 Russett Road, Mississauga
Detached for Sale in Mississauga
33 days on marketNeighbourhood: Lakeview
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- MLS Number
- W13746936
- Property Type
- Detached
- Status
- active
- Days on Site
- 33
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Lot Size
- 7,556 sqft
- Taxes (2026)
- $7,343
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Sitting on an incredible 90 feet of frontage, nicely set back and nestled within a gorgeous, tree canopy,this property offers natural beauty, tranquility and the ultimate opportunity to inherit a legendary, G.S Shipp & Son quality built home in one of South Mississauga's most desirable neighbourhoods-Applewood Acres. Step into this solid,original 1.5 storey, 3 bedroom,1.5 bath home with character details like original hardwood flooring found throughout the main & upper levels. The spacious, open main level floor plan features living and dining spaces as well as a separate family room with built - in shelving ,storage and offers lots of room for entertaining or relaxing with lots of windows to let the natural in.The separate kitchen has a walkout from the kitchen to a sundeck for you to enjoy your morning coffee with birdsong or al fresco dining under the stars.Upstairs you will find a very spacious primary bedroom with separate closets and lots of room for a sitting area and space to lounge - overlooking the private backyard.2 more generous bedrooms with closets and treed views await.There is also a full 4 piece bathroom on this level as well as add'l storage.The partially finished basement has great potential as additional room for guests or exceptional space to create a games/recreational/gym/studio/home theatre.Fenced, private backyard. Attached garage.You can change a house, but not the location.Bring your interior designer, architect, contractor or builder to make this unrenovated blank canvas just right for you. Surrounded by tree-lined winding streetscapes, community parks & paths, excellent schools,a vibrant tight knit community, golf,tennis,lakeside parks, trails, shopping as well as Port Credit all nearby,quick commutes await to downtown Toronto or further west,easy highway access, public transportation and GO.Whether you plan a renovation,have plans to maximize the footprint or desire a brand new build this lot and location are an ideal spot to call HOME
Estimate your monthly payments for this property
Estimated Payment
$4,976.25/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.
2050 Russett Road, 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
Fair Market Value
At $1023/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 33 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.
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.
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.
About Lakeview
I know Lakeview well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.