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1016 EAST AVENUE, Mississauga (Lakeview) — listed at $970,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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 (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4.53 x 3.26 meters |
| Kitchen | Lower level | 3.68 x 2.49 meters |
| Dining room | Lower level | 3.68 x 3.3 meters |
| Dining room | Main level | 3.36 x 3.05 meters |
| Kitchen | Main level | 5.43 x 3.34 meters |
| Primary Bedroom | Main level | 3.86 x 3.05 meters |
| Bedroom 2 | Main level | 2.75 x 3.05 meters |
| Bedroom 3 | Main level | 2.8 x 2.64 meters |
| Bathroom | Main level | — |
| Bathroom | Lower level | — |
| Recreational, Games room | Lower level | 5.8 x 4.1 meters |
| Laundry room | Lower level | 3.96 x 1.66 meters |
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,471.99, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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 3 spaces — Attached Garage, Garage.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Does it have a basement, and is it finished?+
Yes — Finished, Full, Separate entrance, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
Could this work as an investment property?+
The basement description mentions: Finished, Full, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Mississauga (Lakeview) before counting on it.
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