$729,990 - 1011 Deta Road Unit 701, Mississauga
Condo for Sale in Mississauga
52 days on marketNeighbourhood: Lakeview
- MLS Number
- W12977186
- Property Type
- Condo
- Status
- active
- Days on Site
- 52
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- North
- Balcony
- Enclosed
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Welcome to the sought-after Stonewater community. This beautiful 2-storey, 2 bed, 2 bath Executive upgraded townhome is one of the exclusive few that have more privacy as its located at the rear of the complex, with views of mature trees and greenery from every window. Situated in the family friendly South Lakeview neighbourhood, offers almost 1,100sqft of living space, with a 75sqft private balcony that allows BBQs, great for indoor/outdoor entertaining, a rare find! Boasting an open-concept layout that is bathed in natural light thanks to the large windows throughout, with beautiful nature views. The main floor features wood floors, open concept living with modern upgraded eat-in kitchen, double thick granite countertops, breakfast bar, updated fixtures, tiled backsplash, upgraded cabinets, water filtration system & built-in pantry/storage. Get excited to host gatherings in the cozy living room & enjoy family meals w/ loved ones in the dining area. Upstairs you will find two bright spacious bedrooms with large windows, both outfitted w/ large double closets & closet organizers, complete with a modern 4-pc bath with stone countertop, ensuite laundry and additional storage. Enjoy the convenience of parking in your garage with direct entry into your home + ample storage for all your toys. Waterfront trails, Marie Curtis Park & Orchard Hill Park are right outside your front door. Lakeside active living awaits you with this incredible location, walking distance to Lakeview and Toronto golf courses, GO train & Long Branch shopping district. Mins from beautiful Port Credit & Sherway Gardens, and HWY access. A must see!
Estimate your monthly payments for this property
Estimated Payment
$3,745.23/mo
Includes CMHC insurance ($20,367)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Waterfront Transformation in Progress
Lakeview is an exciting neighbourhood undergoing a major transformation from its industrial roots to a vibrant waterfront community. The Lakeview Village development is creating thousands of new homes, parks, and amenities along the Lake Ontario shoreline. Early buyers are positioning themselves in what will become one of the GTA's most sought-after waterfront communities.
Why Live in Lakeview
- •Major waterfront redevelopment underway
- •New parks, trails, and community amenities planned
- •Strong investment potential
- •Lake Ontario waterfront access
- •Mix of new condos and established homes
Nearby Schools
Transit & Commuting
- •Long Branch GO Station nearby
- •Future Hurontario LRT connection
- •MiWay bus routes
- •Easy access to QEW and Gardiner Expressway
Parks & Amenities
- •Jim Tovey Lakeview Conservation Area (opening soon)
- •Lakefront Promenade Park
- •Marie Curtis Park (nearby)
- •Planned retail and restaurant district
- •Future community centre
Lifestyle & Community
Lakeview is perfect for those who want to get in on the ground floor of a major urban transformation. The area offers excellent value with the promise of significant appreciation as the Lakeview Village development completes.
1011 Deta Road Unit 701, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $730/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 52 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.
About Lakeview
I know Lakeview well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,042 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.