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$1,299,000
Mississauga
1574 Northmount Avenue, Mississauga (Lakeview), Ontario, L5E1Z1
This 5-bedroom, 2-bathroom home in Mississauga is for sale. Listed at $1,299,000, it is attractively priced about 10% below the $1,450,000 median asking price in Mississauga.
Visit the REALTOR website for further information about this listing. Rare opportunity to own approximately 2/3 of an acre in Mississauga's desirable Lakeview community. This unique flag shaped lot backs onto the Cawthra woodlands and offers exceptional privacy, mature trees, and significant future potential. The property includes a semi-detached home with a separate side entrance leading to a semi-finished lower level featuring a kitchen and two bedrooms, providing flexibility for extended family living, guest accommodations, or potential rental use, subject to applicable municipal requirements and approvals. The expansive lot presents exciting possibilities for investors, builders, developers, or homeowners seeking additional space, future expansion opportunities, or the potential for garden suites (subject to municipal approvals). Conveniently located close to parks, schools, shopping, transit, and major highways while offering a rare woodland setting. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 140 days on market, against an average age of 61 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) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,299,000, about 13.3× the local median household income of $98,000.
Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 159% above the area median.
Source: Statistics Canada, 2021 Census (FSA L5E)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice