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For Sale
Just Listed

1253 Melton Drive

Lakeview, Mississauga, ON
$1,499,900
4+2Bd
3Ba
2,250+sqft
8Parking
100.7 x 145.1 ftlot
$667/sqft
DetachedMLS# W13008582Listed 2026-04-164 DOM
Heating
Water Heater Owned
Cooling
Central Air
Basement
Finished

About this home

Exceptional opportunity in the heart of Lakeview! This fully renovated 4+2 bedroom, 3 bathroom bungalow offers over 4,000 sq ft of finished living space on a rare oversized 100 ft double lot.Featuring bright, open-concept interiors with wide-plank engineered hardwood and modern tile flooring, the main level is designed for both everyday living and entertaining. The updated kitchen overlooks the living and dining areas and is anchored by a cozy fireplace. Spacious bedrooms and renovated bathrooms provide comfort throughout.The fully finished lower level with large above-grade windows offers flexible space for extended family, recreation, or potential income.Step outside to a deep, private, tree-lined backyard with a walkout deck-perfect for relaxing or entertaining. Additional highlights include a two-car garage (car lift ready), six-car driveway, sprinkler system, smart doorbell camera, new main floor windows (2025), owned furnace (2024), owned A/C (2024), and updated grading.Set on a premium lot with approved severance into two 50 x 145 ft parcels, each with its own municipal address-ideal for builders, investors, or end users looking to expand.Located in a quiet, family-friendly neighbourhood just minutes to Lake Ontario, Port Credit, Sherway Gardens, Trillium Hospital, major highways, and only 20 minutes to downtown Toronto. With significant redevelopment underway in the surrounding area, this property offers both immediate enjoyment and long-term potential.

GarageRenovatedWalkoutHardwoodFireplace

Rooms

Main Floor
Living Room3.70 × 4.45 m
Dining Room3.70 × 4.45 m
Family Room5.28 × 3.91 m
Kitchen3.96 × 3.91 m
Primary Bedroom4.27 × 3.71 m
Bedroom 23.96 × 3.48 m
Bedroom 34.06 × 3.96 m
Bedroom 43.48 × 3.35 m
Laundry2.97 × 1.62 m
Lower
Bedroom 57.24 × 4.52 m
Recreation9.96 × 4.52 m
Recreation10.06 × 6.10 m
Utility Room7.30 × 3.66 m

Features

  • Primary Bedroom - Main Floor
  • Water Softener
  • Water Heater Owned
  • Storage
  • Brick & Beam
  • Deck
  • Landscaped
  • Lawn Sprinkler System
  • Privacy
  • Finished
  • Central Air
  • Bungalow

Financials

Annual Taxes
$10,142.21

Estimated Rental Income

Entire property$4,000 – $6,500/mo
Rental yield3.2% – 5.2%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Mississauga

Days on market4 days
Buyer's MarketSeller's Market

Based on active listings in Mississauga. Data updates daily.

Demographics — Mississauga

Population
717,961
Avg Household Income
$105,000
Age Distribution
0-19
21%
20-34
20%
35-49
21%
50-64
20%
65+
18%
Ownership
71% own · 29% rent
EnglishUrduArabicPunjabiPolish

Our estimate for this home

Priced 27.0% below estimate
Estimated range
$1.90M$2.21M
Mid-point $2.05M · ~$913/sqft
How this listing compares
$1.90MList · $1.50M$2.21M
High confidence·Based on 63 lakeview comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$1,499,900
1253 Melton Drive, Mississauga
ShowingCall