$999,000 - 951 Atwater Avenue, Mississauga
Detached for Sale in Mississauga
Neighbourhood: Lakeview
- MLS Number
- W13474370
- Property Type
- Detached
- Status
- active
- Days on Site
- 15
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
Extra wide, premium lot that stands as a rare and remarkable opportunity in the heart of Lakeview. For the family looking for the ideal lot to built their dream home. Or, for the builder or investor with vision, this is where your next project begins. Spanning an impressive near 63 foot frontage this exceptional property is zoned RM1 and may support severance into two individual building lots, potentially accommodating two semi-detached or, subject to City approval, two fully detached custom residences. Development potential of this magnitude, at this price point, is increasingly rare in South Mississauga. Buyers are encouraged to conduct their own due diligence with respect to severance eligibility, zoning, and permit requirements. The setting only adds to the appeal. Lakeview is in the midst of a generational transformation, the landmark Lakeview Village master planned waterfront community is reshaping the Lakeview Waterfront, while custom luxury builds continue to redefine the neighbourhood block by block. To secure a lot of this calibre, at this price, in this moment, is to get ahead of a wave that is already in motion. The lifestyle that surrounds it is equally compelling. Steps to the Lake Ontario waterfront and minutes to the celebrated shops, restaurants, and energy of Port Credit Village, with seamless access to the QEW and the Toronto border. The existing bungalow is well-maintained and fully liveable, a comfortable holding position while your vision takes shape. Opportunities of this nature, in this neighbourhood, at this price point, do not last long.
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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.
951 Atwater Avenue, 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 $1427/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.
Market Position
At 15 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.
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.