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$979,900
Mississauga
1024 Roosevelt Road, Mississauga (Lakeview), Ontario, L5G3Y8
This 5-bedroom, 2-bathroom home in Mississauga is for sale offering roughly 900 sq ft of space. Listed at $979,900, it is attractively priced about 31% below the $1,428,888 median asking price in Mississauga. It has been on the market 8 days, fresher than the Mississauga average of 59 days.
An exceptional opportunity in the heart of Lakeview, offering nearly 60 feet of frontage and an impressive lot extending approximately 168 feet deep. Whether you're a builder searching for your next project, an investor looking for flexibility, or an end user with a vision for the future, this property offers possibilities that are increasingly difficult to find in the area. The existing bungalow provides immediate usability with 3 bedrooms on the main level, while the lower level features a separate entrance, 2 additional bedrooms, a kitchen and bathroom, creating added flexibility for extended family or investment use. Surrounded by significant redevelopment and custom homes, and ideally located minutes from Port Credit, the waterfront, parks, schools, shopping, GO Transit and major commuter routes. Enjoy the property today, explore its income potential, or take advantage of the substantial lot and envision something entirely new. A rare combination of land, location and opportunity in one of Mississauga's most evolving neighbourhoods. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 8 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 5-bed single family in Mississauga (Lakeview) has been listed for 8 days, which is 51 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 $979,900, about 10.3× the local median household income of $95,000.
Carrying it typically needs a household income of about $191,409 (20% down, 25-yr amortization, stress-tested) — roughly 101% above the area median.
Source: Statistics Canada, 2021 Census (FSA L5G)
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Loading rates, 30-yr amortization
Cash Needed to Close
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