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1072 ORCHARD ROAD, Mississauga (Lakeview) — listed at $1,178,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
This beautifully updated family home presents a rare opportunity, ideally set on an expansive 50' x 200' lot in the highly sought-after Lakeview neighbourhood of South Mississauga. Renovated in 2018 the home offers comfortable, flexible living for growing families, first-time buyers or those looking for a home with room to evolve. A separate basement apartment provides the added benefit of rental income or private living space for extended family. Estimated basement rental income of $1700.00 per month. Enjoy the best of Lakeview living with the waterfront, parks, trails, marinas and golf courses nearby, along with excellent schools, shopping, restaurants and everyday amenities. The exciting Lakeview Village redevelopment is just minutes away, while convenient access to the QEW, Highways 427 and 403, and both Long Branch and Port Credit GO Stations makes commuting throughout the GTA easy. Adding to the home's appeal is the exceptional size of the property and the flexibility it provides over time. Surrounded by an increasing number of luxury custom homes and zoned RL, the lot may accommodate approximately 4,000 sq. ft. of above-grade living space, subject to City of Mississauga approvals, offering the option to build a substantial custom residence in the future. A move-in-ready home with income or extended-family potential today, and an exceptional lot offering with even more possibilities for tomorrow. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4.57 x 3.61 meters |
| Dining room | Main level | 3.12 x 2.62 meters |
| Kitchen | Main level | 3.91 x 3.25 meters |
| Bedroom | Main level | 3.43 x 3.05 meters |
| Bedroom 2 | Second level | 4.57 x 3.86 meters |
| Bedroom 3 | Second level | 3.3 x 3.05 meters |
| Living room | Basement | 5.92 x 3.23 meters |
| Bedroom 4 | Basement | 3.53 x 3.28 meters |
| Bedroom 5 | Basement | 3.35 x 2.39 meters |
| Laundry room | Basement | 3.23 x 2.44 meters |
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,995.21, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is 1072 ORCHARD ROAD a good fit for a growing family?+
With 5 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office. The 1.5-storey layout keeps living and sleeping areas separated.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
What makes this a luxury property?+
At $1,178,000, standout features include 3 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What's the parking situation?+
This property includes 4 spaces — Detached Garage, Garage.
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