$999,999
↓ $49,001 from $1,049,000
Est. payment $4,428/moCalculate yours
1016 East Avenue, Mississauga, ON L5E 1W8
Lakeview, Mississauga, ON L5E 1W8
- 3 Beds
- 2 Baths
- 1 Garage
- 1,100 Sq Ft
Listing courtesy of SUTTON GROUP QUANTUM REALTY INC. MLS® W13549298
About this home
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
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow-Raised
- For
- For Sale
- Status
- New
- Size
- 1,100 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Full, Finished, Separate Entrance
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 40 x 126.52 Feet
- Parking
- Attached garage · 3 total
Financial
- Property Taxes
- $6,472 (2026)
Location
- Neighbourhood
- Lakeview
- Cross Street
- Lakeshore Rd East and Cawthra Road
- Direction Faces
- West
Listing
- MLS® Number
- W13549298
- Days on Market
- 100
- Listed On
- 2026-07-10
- Possession
- To Be Arranged
- Listed By
- SUTTON GROUP QUANTUM REALTY INC.
Rooms
Features
Interior
- Carpet Free
- In-Law Capability
Pool
- None
- Included
- Lennox High Efficiency Furnace October 2022, All Existing Appliances, All ELF, GDO and Remote
- Rental items
- Hot Water Tank - Reliance
Mortgage calculator
Estimated mortgage payment
$4,428 per month
- Principal and interest
- $4,428
- Property tax
- $539
- Condo fees
- $0
- Estimated monthly cost
- $4,967
Your mortgage
- Mortgage amount
- $799,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $528,334
Cash to close
- Down payment
- $200,000
- Land transfer tax
- $16,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $216,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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