1061 East Avenue, Mississauga, ON
Property no longer active
This property was sold on May 28, 2025. This listing is for reference purposes only. to view the sold price.
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 $1,299,900 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 33.04 x 131.4 ft lot
- Features a separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this fantastic raised bungalow featuring 3+2 bedrooms, situated in a prime location close to all amenities. Enjoy walking distance to Lake Ontario, scenic beaches, Lakefront Promenade Park, and the local yacht club perfect for lakeside living. This spacious and newly renovated home is ideally located near schools, parks, churches, with easy access to the QEW, GO Bus, GO Transit, and Pearson Airport.The main floor boasts an open-concept layout ideal for family living, featuring a generously sized living room with new engineered hardwood flooring, and a large modern kitchen with quartz countertops, stylish backsplash, modern tile flooring, and brand-new appliances. The primary bedroom offers a 4-piece ensuite bathroom, complemented by two additional good-sized bedrooms, the main floor washroom features a modern mirror equipped with Bluetooth connectivity enjoy your favorite music while you relax and refresh and a convenient laundry room with custom cabinetry.The fully finished basement, accessible through a separate entrance, includes a large living area, a modern kitchen, two bedrooms, a 4-piece bathroom, and its own laundry area perfect for in-law or rental potential.Additional upgrades include new interlocking at the front, sides, and back porch, new windows, upgraded 200- amp electrical panel instal with permit, fresh paint throughout a widened driveway, Brand new tankless water heater for on demand hot water and energy efficiency, a new garage door, and a garage door opener.
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Property Summary
This detached home located at 1061 East Avenue, Mississauga is currently for sale and has been available on SousaSells for 449 days. This property is listed at $1,299,900 with an estimated mortgage of $4,327* per month. It has 5 beds, 3 bathrooms, and is 1100-1500 square feet. 1061 East Avenue, Mississauga is in the Lakeview neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1061 East Avenue E, Mississauga, ON L5E 1X1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Mississauga, ON
For a property listed at $1,299,900 in Mississauga, the legal minimum down payment is $259,980 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 $22,473 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 $22,473.
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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.