$1,548,000 - 888 Fourth Street, Mississauga
Detached for Sale in Mississauga
50 days on marketNeighbourhood: Lakeview
- MLS Number
- W13140330
- Property Type
- Detached
- Status
- active
- Days on Site
- 50
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY SW REALTY
Stunning fully upgraded turnkey home offering luxury indoor/outdoor living in a highly sought after family neighbourhood. Featuring an open-concept layout with 9-ft ceilings, hardwood floors, pot lights throughout, designer lighting, custom media wall with fireplace, and a chef-inspired kitchen with oversized island, quartz counters/backsplash, custom wet bar/servery & 162-bottle dual-zone wine fridge. Upper level offers 3 spacious bedrooms with ensuite access, blackout roller shades, and a luxurious primary suite with oversized glass shower & tub. Professionally finished basement includes 2 additional bedrooms, full bath, custom designed fitness studio, playroom & fireplace. Resort-style backyard showcases commercial-grade turf, heated pool, outdoor kitchen with 10" deep sink, hot/cold water lines, custom storage, beverage fridge, natural gas BBQ and fire pit, built in bar, 2x LED Smart TVs, smart speaker system, auto awning, premium hardscaping and landscape lighting (front & back yard). Exceptional attention to detail throughout. Extensive smart-home upgrades including security cameras, smart locks, lighting automation, window glass armour, upgraded locks, & newer Lennox A/C (2025)
Estimate your monthly payments for this property
Estimated Payment
$6,847.33/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.
888 Fourth Street, 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 $1032/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.
Negotiation Opportunity
At 50 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.
Bathroom Count Matters
With 5 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.
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.