$998,000
Est. payment $4,419/moCalculate yours
1088 Cherriebell Road, Mississauga, ON L5E 2R3
Lakeview, Mississauga, ON L5E 2R3
- 2 + 1 Beds
- 2 Baths
- 1 Garage
Listing courtesy of SAM MCDADI REAL ESTATE INC. MLS® W14084568
About this home
Set on an expansive 50 x 227 ft lot, this charming property presents an exceptional opportunity within one of Mississauga’s most evolving waterfront neighbourhoods. Surrounded by mature trees and many newer custom homes, the setting naturally lends itself to both immediate enjoyment and long-term vision. The existing residence has been thoughtfully renovated, offering a warm and functional layout with updated finishes throughout. The main level features hardwood flooring, a bright living and dining area, renovated kitchen with quartz countertops, custom cabinetry and built-in Bosch appliances, two bedrooms, and an updated bath accented by beautiful stained-glass details. The finished lower level with separate entrance expands the living space with an additional bedroom, bathroom, recreation area and kitchenette, creating flexibility for extended family, guests or future income potential. Beyond the home itself, the scale and depth of the property inspire future possibilities. Envision expanding the existing residence, creating seamless indoor-outdoor entertaining spaces. The City’s evolving planning framework further contributes to the area’s growing long-term appeal as Lakeview transforms through revitalization and investment. Additional features include 200 amp electrical service, 40 amp garage service for EV charger capability, hardwired outdoor lighting on a timer, a renovated basement, and a newly completed backyard deck (2025). Whether enjoyed today, held as a long-term investment, or gradually reimagined over time, the property offers a rare combination of character, land value and future potential. Ideally positioned within walking distance to Marie Curtis Park, waterfront trails, golf courses, Long Branch GO, the future Lakeview GO Station, TTC, MiWay transit, restaurants, shopping and major commuter routes including the QEW, 427, Lakeshore Road and easy access to Downtown Toronto.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- < 700 sqft
Interior
- Bedrooms
- 2 + 1
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Finished
Building & Systems
- Heating
- Heat Pump (Gas)
- Cooling
- Central Air
- Exterior
- Aluminum Siding
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 50 x 227.04 Feet
- Parking
- Detached garage · 6 total
Financial
- Property Taxes
- $6,691 (2026)
Location
- Neighbourhood
- Lakeview
- Cross Street
- Lakeshore Rd E & Dixie Rd
- Direction Faces
- West
Listing
- MLS® Number
- W14084568
- Days on Market
- 3
- Listed On
- 2026-10-15
- Possession
- TBA
- Listed By
- SAM MCDADI REAL ESTATE INC.
Rooms
Features
Interior
- Guest Accommodations
- Primary Bedroom - Main Floor
- Water Heater
Property
- Cul de Sac/Dead End
- Park
- Public Transit
- School
- Golf
- Lake/Pond
Pool
- None
- Included
- All electrical light fixtures, window coverings, Bosch kitchen appliances: oven, stove, dishwasher, Napoleon outdoor gas BBQ, hot water tank and furnace/AC.
Mortgage calculator
Estimated mortgage payment
$4,419 per month
- Principal and interest
- $4,419
- Property tax
- $558
- Condo fees
- $0
- Estimated monthly cost
- $4,976
Your mortgage
- Mortgage amount
- $798,400
- Mortgage insurance
- Not needed
- Interest over 25 years
- $527,278
Cash to close
- Down payment
- $199,600
- Land transfer tax
- $16,435
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $216,035
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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