$1,198,000
1072 Orchard Road
Mississauga (Lakeview), Ontario
5bed3bath
MLS® W13517676
detached in Mississauga (Lakeview)
Browse 41 active listings
Market Analysis
In the Lakeview neighborhood of Mississauga, buyers of detached homes typically include families looking for spacious living environments, professionals seeking a community-oriented lifestyle, and retirees wanting a vibrant locale. The proximity to Lake Ontario and local parks, such as Lakeview Park and Marie Curtis Park, attracts individuals who enjoy outdoor activities and leisurely strolls along scenic waterfronts. Many buyers value the easy access to downtown Toronto via the QEW, making Lakeview a desirable location for commuters.
Price Insights
Under $1,500,000, Lakeview offers a variety of detached homes catering to different needs. For around $1,299,000—the median price—buyers can expect beautifully renovated properties featuring 3-4 bedrooms, modern kitchens, and ample backyard space for family gatherings. Homes on streets like Atwater Avenue and Cawthra Road often boast large lots and updated amenities, striking a balance between comfort and convenience. The average price of $1,242,371 presents opportunities for buyers looking for homes that combine aesthetic appeal with functional living spaces.
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About This Property Type
Detached homes in Lakeview are characterized by their spacious layouts and often include features like finished basements, expansive yards, and garages. Many properties are set back from the street on serene, tree-lined avenues, providing a sense of privacy. Styles range from classic bungalows to modern two-storey homes, with many built in the 1960s and 1970s—ideal for families looking to invest in a property that can be customized over time. The solid construction and diverse architectural styles reflect the evolving character of this vibrant neighborhood.
Location Highlights
Lakeview stands out for its close-knit community vibe and accessibility to natural beauty. The area is surrounded by stunning parks, including the popular Rattray Marsh Conservation Area, which offers scenic trails and wildlife spotting opportunities. Additionally, the Lakeview Community Centre is a hub for local events and activities, fostering community engagement. Excellent schools such as Lakeview Public School and St. Dominic's School are situated within walking distance, making it an attractive choice for families. With nearby shopping options at the Lakeshore Road corridors, residents enjoy a blend of urban life and suburban charm.
Investment Advice
Purchasing a detached home in Lakeview presents a wise investment opportunity, especially given the area’s balanced market conditions. With a steady flow of options and an average price that remains competitive, buyers can expect potential appreciation in property values as demand for homes in this sought-after neighborhood continues to rise. The blend of community amenities and proximity to major transit routes makes Lakeview an attractive location for future buyers, enhancing long-term value.
Buying Tips
When considering a detached home in Lakeview, it’s crucial to assess the property's condition and potential for renovation, especially if you're looking at older homes on streets like Strathy Avenue or Lakeshore Road. Pay attention to recent market comparables to ensure you are making a sound investment. Scheduling viewings at different times of the day can give you insight into the neighborhood's ambiance. Furthermore, working with a local real estate agent familiar with the Lakeview area can provide valuable insights and help you navigate the buying process more effectively.
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Frequently Asked Questions About Mississauga (Lakeview)
How many detached homes are for sale in Mississauga (Lakeview)?
There are currently 41 detached homes listed for sale in Mississauga (Lakeview) on this site. Listings are updated multiple times per day from CREA's DDF®.
How often are detached listings updated in Mississauga (Lakeview)?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.