1016 East Avenue, Mississauga, ON

$1,049,000
MLS#:W13549298
3 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Lakeview. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,049,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 40 x 126.52 ft lot
  • Features a full, finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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

Upcoming Open Houses

Sunday, July 12, 20262:00 PM - 4:00 PMPublic
Sunday, July 12, 20262:00 PM - 4:00 PMPublic

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/10/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick
BasementFull, Finished, Separate Entrance
Lot Size40 × 126.52 Feet
CountyPeel
Annual Tax$6,471.99
Legal DescriptionPT LTS 23 & 24, PL C23 , AS IN RO563128 ; MISSISSAUGA

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free

Security Features

Community Features

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Location

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1016 East Avenue, Mississauga, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1016 East Avenue, Mississauga, ON L5E 1W8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.

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Interest Rate5.25%
Down Payment$209,800 (20.0%)
* Minimum Canadian down payment required for this price is $209,800.
Amortization Period25 Years
Estimated Monthly Payment$5,001Based on a loan of $839,200 over 25 years.
Purchase Price$1,049,000
Loan Amount$839,200
Provincial Land Transfer Tax:$17,455
Total Estimated Closing Taxes:$17,455

About Purchasing a Home in Mississauga, ON

For a property listed at $1,049,000 in Mississauga, the legal minimum down payment is $209,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $17,455 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $17,455.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Lakeview, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,447,370

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

Queen of Heaven
Public1198 Alexandra Avenue, Lakeview, Mississauga, Ontario, L5E 2A5
8.2
St. James
CatholicSaint James Avenue, Lakeview, Mississauga, Ontario, L5E 1G4
8.4
St Dominic
Public515 Hartsdale Avenue, Mineola, Mississauga, Ontario, L5G 2G7
6.1
St Edmund
Public1250 Melton Drive, Dixie, Mississauga, Ontario, L4Y 1L5
9.2
ISNA Islamic
Public1525 Sherway Drive, Dixie, Mississauga, Ontario, L4X 1B5
9.2

Secondary Schools

St. Paul
Catholic815 Atwater Avenue, Lakeview, Mississauga, Ontario, L5E 1L8
7.7
Port Credit SS
PublicPort Credit, Mississauga, Ontario
7.2
Applewood Heights SS
PublicApplewood, Mississauga, Ontario, L4Y 2K1
5.4

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.