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New3 hours ago

1024 Roosevelt Road

Lakeview, Mississauga

$1,049,900

Detached|Bungalow
3 | 2 | 3
About this home

An exceptional opportunity in the heart of Lakeview, offering nearly 60 feet of frontage and an impressive lot extending approximately 168 feet deep. Whether you're a builder searching for your next project, an investor looking for flexibility, or an end user with a vision for the future, this property offers possibilities that are increasingly difficult to find in the area. The existing bungalow provides immediate usability with 3 bedrooms on the main level, while the lower level features a separate entrance, 2 additional bedrooms, a kitchen and bathroom, creating added flexibility for extended family or investment use. Surrounded by significant redevelopment and custom homes, and ideally located minutes from Port Credit, the waterfront, parks, schools, shopping, GO Transit and major commuter routes. Enjoy the property today, explore its income potential, or take advantage of the substantial lot and envision something entirely new. A rare combination of land, location and opportunity in one of Mississauga's most evolving neighbourhoods.

Extras

No extras listed.

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Open houses

  • Sat, Oct 3

    2:00 PM – 4:00 PM

  • Sun, Oct 4

    2:00 PM – 4:00 PM

Or pick a time that works for you.

Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$10,226
Lot Size57.83 ft x 167.92 ft
mls© NumberW13838400
Listed ByREAL BROKER ONTARIO LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,374
Property tax
$852
Heat allowance
$150
Housing costs
$6,376 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $209,980
25-yr amortization

Income needed

$196,000

gross annual household income

Payment at 4%
$4,418 / mo
Cash down
$209,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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Comparable sales

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