951 Atwater Avenue, Mississauga

Price: $1,189,900

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W13065806

Rare opportunity in the heart of Lakeview, set on a premium lot in one of South Mississauga's most rapidly evolving communities. This well-maintained and thoughtfully upgraded bungalow has been well cared for over the years and offers a functional, open-concept layout ideal formodern living and entertaining. Freshly painted throughout, the home features an updated kitchen with granite countertops, stainless steel appliances, gas stove, built-in oven and microwave, custom cabinetry, and bar fridge, along with renovated bathrooms including a glass-enclosed shower. The finished basement offers additional living space complete with a bararea, creating a versatile setting for hosting and everyday use. The true highlight is theexpansive backyard retreat featuring a large in-ground pool, hot tub, and cabana-style entertaining space, offering privacy and a resort-like feel rarely found in the area at this price point. Beyond the home itself, the value lies in the land and the flexibility it provides. Surrounded by a mix of established homes and newly built custom residences, this property presents a rare chance to secure a large parcel in a neighbourhood undergoing significant transformation, just minutes to the Lake Ontario waterfront, Port Credit, and theToronto border. Zoned RM1, the property may offer potential for a variety of residential uses including exploring the possibility of a custom home build or severance for two semi-detached dwellings, subject to approvals and buyer due diligence. Located close to top-rated schools, parks, trails, shopping, and major highways, this is a rare offering that combines lifestyle, location, and long-term upside. Whether you are an end-user looking to move in and enjoy, or a builder seeking your next project in a high-demand pocket, 951 Atwater Avenue represents a compelling opportunity in one of Mississauga's most desirable and transitioning communities.

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$1,189,900 - 951 Atwater Avenue, Mississauga

Detached for Sale in Mississauga

68 days on market
3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
W13065806
Property Type
Detached
Status
active
Days on Site
68
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX REALTY ENTERPRISES INC.
Description

Rare opportunity in the heart of Lakeview, set on a premium lot in one of South Mississauga's most rapidly evolving communities. This well-maintained and thoughtfully upgraded bungalow has been well cared for over the years and offers a functional, open-concept layout ideal formodern living and entertaining. Freshly painted throughout, the home features an updated kitchen with granite countertops, stainless steel appliances, gas stove, built-in oven and microwave, custom cabinetry, and bar fridge, along with renovated bathrooms including a glass-enclosed shower. The finished basement offers additional living space complete with a bararea, creating a versatile setting for hosting and everyday use. The true highlight is theexpansive backyard retreat featuring a large in-ground pool, hot tub, and cabana-style entertaining space, offering privacy and a resort-like feel rarely found in the area at this price point. Beyond the home itself, the value lies in the land and the flexibility it provides. Surrounded by a mix of established homes and newly built custom residences, this property presents a rare chance to secure a large parcel in a neighbourhood undergoing significant transformation, just minutes to the Lake Ontario waterfront, Port Credit, and theToronto border. Zoned RM1, the property may offer potential for a variety of residential uses including exploring the possibility of a custom home build or severance for two semi-detached dwellings, subject to approvals and buyer due diligence. Located close to top-rated schools, parks, trails, shopping, and major highways, this is a rare offering that combines lifestyle, location, and long-term upside. Whether you are an end-user looking to move in and enjoy, or a builder seeking your next project in a high-demand pocket, 951 Atwater Avenue represents a compelling opportunity in one of Mississauga's most desirable and transitioning communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,263.33/mo

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5-yr fixed avg.

Principal: $951,920Interest: $627,079
Mortgage Amount$951,920
Total Interest$627,079
Est. Property Tax$843/mo
Total Cost$1,578,999

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.

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Neighbourhood Guide: Mississauga

Discover Mississauga

Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Mississauga

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

951 Atwater Avenue, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$843
Insurance (est.)-$248
Net Cash Flow+$1,709

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1700/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.

Negotiation Opportunity

At 68 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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    MLS# W13065806 — 951 Atwater Avenue | Battaglia Team