1162 Northmount Avenue
Lakeview, Mississauga, L5E 1X9
FOR SALE
$849,900
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4 + 2
BEDROOMS 4
BATHROOMS 2 + 1
KITCHENS 8 + 4
ROOMS W14025684
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Property Description
Calling all investors and first-time buyers! This fully tenanted three-unit property in Mississauga's sought-after Lakeview neighbourhood is a rare chance to own your home and have it pay you back. Live in one unit while the other two tenants help cover the mortgage, allowing you to enter the market for far less than the cost of renting. Prefer to invest? Current rents sit well below market, meaning there is big upside on cash flow and room for forced appreciation, including potential for an additional loft suite. House-hack it, hold it, or add value. It works for all three. It is minutes to Lakeshore Rd E, the Port Credit waterfront, the QEW and the transformative Lakeview Village waterfront community. Opportunities like this don't last.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2008-07-03 | 2008-07-22 | 19 | $429,900 | $416,000 |
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Property Features
Carpet Free, In-Law Capability, Primary Bedroom - Main Floor
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Property Details
Address
1162 Northmount Avenue
Community
City
Postal Code
L5E 1X9
Property Type
Detached, Detached
Lot Size
40' x 156'
Taxes
$6,473 (2026
Basement
Finished, Separate Entrance
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
5
Garage Type
None
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Listing contracted with Rock Star Real Estate Inc., Brokerage
****POWER OF SALE**** (Mortgage Default) Sold As Is - Where Is. Investment Property. Solid brick bungalow located in Malton community. 51.45 ft. x 125.00 ft. lot. Features 3x3 bedrooms and 3 bathrooms. Separate side entrance for basement rental. Conveniently located close to schools, parks, public transit, highways and all essential amenities.
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Located in a family-friendly circle with its own private playground, this home is just minutes to highways, Meadowvale Community Centre, Meadowvale Town Centre, schools, transit, and everyday shopping. A rare opportunity to enjoy the privacy and space of detached living with the low-maintenance lifestyle and convenience of condo living. Designed with spacious formal rooms, the home features an expansive living room with a walk-out to the backyard, perfect for entertaining or everyday family living. The separate formal dining room is highlighted by a large bay window that fills the space with natural light, while the kitchen is thoughtfully positioned at the center of the home, creating a warm and functional gathering space. Upstairs, you'll find three spacious bedrooms and the finished basement adds even more functional living space with a family room and rec room and spacious 3pc bathroom and laundry room combo. Homes like this rarely become available on circles like this . Don't miss your opportunity to own a detached home in one of Meadowvale's most family-friendly pocket.
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