$970,000
Mississauga
1016 East Avenue, Mississauga (Lakeview), Ontario, L5E1W8
This 3-bedroom, 2-bathroom home in Mississauga is for sale offering roughly 1,300 sq ft of space. Listed at $970,000, it is attractively priced about 32% below the $1,428,888 median asking price in Mississauga. It has been on the market 16 days, fresher than the Mississauga average of 59 days.
Welcome to this charming solid brick bungalow, nestled on a large 40 x 126 ft west-facing lot on East Ave in Mississauga's beloved Lakeview neighbourhood. Cherished by multiple generations of the same family, this home tells a story of pride in ownership clean, well-cared-for, and ready for its next chapter. This home offers original character throughout - an ideal choice for buyers who appreciate craftsmanship, or for those with a vision to modernize and add their personal touch. Whether you choose to simply move in and enjoy, or embark on a stylish renovation, the bones are solid and the potential is undeniable. The main floor features 3 bedrooms and an L-shaped living and dining room, along with a large eat-in kitchen. A convenient separate side entrance leads to a bright, spacious basement complete with a second full eat-in kitchen - offering excellent in-law suite potential or income-generating possibilities. The basement benefits from generous natural light, making it a livable and versatile space. Outside, the large backyard is big enough for kids, dogs, or both.This home is also equipped with a backwater valve on the main sewer line, providing an important layer of protection against basement fl. A valuable upgrade offering peace of mind, and one that may also help reduce home insurance premiums.Situated in one of Mississauga's south-end communities, this home puts you close to parks, Lake Ontario, schools, and transit. Enjoy lakefront living with easy access to Lakefront Promenade, Lakeview Park, Serson Park, and the Port Credit Yacht Club. Recreation options include the public Lakeview Golf Course, Carmen Corbasson Community Centre (arena, pool, gym), and the Mississauga Seniors Centre. The neighbourhood is served by well-regarded schools including Cawthra Park Secondary School, home to Peel's Regional Arts Program. Commuters benefit from quick access to the QEW/Queensway and Lakeshore, plus two nearby GO stations for an easy ride into downtown Toronto (id:66096)
Features and services as supplied by the listing brokerage.
Active: 16 days on market, against an average age of 59 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.
This 3-bed single family in Mississauga (Lakeview) has been listed for 16 days, which is 43 days fresher than the city average of 59. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $970,000, about 9.9× the local median household income of $98,000.
Carrying it typically needs a household income of about $189,475 (20% down, 25-yr amortization, stress-tested) — roughly 93% above the area median.
Source: Statistics Canada, 2021 Census (FSA L5E)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.