1241 Lakebreeze Drive, Mississauga, ON

$1,649,999
MLS#:W12438777
3 beds
3 baths
1500-2000 sqft
7.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Mineola. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $1,649,999 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 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 52.25 x 221.29 ft lot
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: In-Law Suite
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Stunning Mineola East Home on an Extra Deep 52 x 221 Ft Lot!This exceptional property offers a rare combination of space, upgrades, and potential in one of Mississaugas most sought-after neighborhoods. Featuring a stainless steel lifetime roof and a new heat recovery system furnace, this home is designed for both comfort and long-term value.The main floor showcases a primary bedroom with 4-pc ensuite, an updated kitchen with granite countertops, a cozy family room and bright, open living spaces filled with natural light.The second level includes two additional bedrooms, perfect for children, guests, or home offices. The lower level spans two levels, offering incredible versatility:A finished recreation/playroom area, Office/exercise room, Shop/storage space, Full bathroom, Additional flexible living areas. Outside, enjoy a sun-filled, west-facing backyard that feels like your own private park. The detached garage with loft, office, and 3-pc washroom provides excellent potential for an in-law suite, studio, or rental unit. Additional features include:3+1 bedrooms, 2 full baths + powder room, Gas fireplace + basement rough-in (gas/wood option), Ample storage throughoutLocated in prestigious South Mississauga, Mineola is known as the cottage in the cityoffering tree-lined streets, excellent schools, convenient transit, and proximity to Port Credit, lakefront parks, and vibrant amenities.? A rare opportunity to own a spacious home with modern upgrades and in-law suite potential on an extraordinary lot. Check the Virtual Tour!

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Property Summary

This detached home located at 1241 Lakebreeze Drive, Mississauga is currently for sale and has been available on SousaSells for 288 days. This property is listed at $1,649,999 with an estimated mortgage of $5,492* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 1241 Lakebreeze Drive, Mississauga is in the Mineola neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 20, 2025
Sold price information is available to members only
Listed Date10/1/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 3
ConstructionBrick, Other
BasementFull, Partially Finished
Lot Size52.25 × 221.29 Feet
CountyPeel
Annual Tax$9,274
Legal DescriptionLt 6, Pl 391 City Of Mississauga

Parking & Garage

Parking Spaces7.0
Garage Spaces6
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Park, School

Interior Features

In-Law Suite

Security Features

Community Features

Virtual Tours

Location

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1241 Lakebreeze Drive, 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 1241 Lakebreeze Drive, Mississauga, ON L5G 3W7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$495,000 (30.0%)
* Minimum Canadian down payment required for this price is $330,000.
Amortization Period30 Years
Estimated Monthly Payment$5,492Based on a loan of $1,154,999 over 30 years.
Purchase Price$1,649,999
Loan Amount$1,154,999
Provincial Land Transfer Tax:$29,475
Total Estimated Closing Taxes:$29,475

About Purchasing a Home in Mississauga, ON

For a property listed at $1,649,999 in Mississauga, the legal minimum down payment is $330,000 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 $29,475 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 $29,475.

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City & Neighborhood Guide

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

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$2,426,351

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

Mineola
Public145 Angelene Street, Mineola, Mississauga, Ontario, L5G 1Z4
7.1
St Dominic
Public515 Hartsdale Avenue, Mineola, Mississauga, Ontario, L5G 2G7
6.1
Forest Avenue
Public20 Forest Avenue, Port Credit, Mississauga, Ontario, L5G 1K7
3.9
Kenollie
PublicMineola, Mississauga, Ontario, L5G 2V8
10.0
Queen of Heaven
Public1198 Alexandra Avenue, Lakeview, Mississauga, Ontario, L5E 2A5
8.2

Secondary Schools

Port Credit SS
PublicPort Credit, Mississauga, Ontario
7.2
St. Paul
Catholic815 Atwater Avenue, Lakeview, Mississauga, Ontario, L5E 1L8
7.7

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.