$2,389,000 - 1047 Meredith Avenue, Mississauga
Single Family Home for Sale in Mississauga
Popular Listing- MLS Number
- W12831604
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 13
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- ~3,000 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- FIRST CLASS REALTY INC.
A bold architectural statement in the heart of Mississauga's rapidly transforming Lakeview community, 1047 Meredith Avenue delivers striking design, premium craftsmanship, and exceptional future value just moments from Lake Ontario. Showcasing a distinctive 3-D brick exterior and a dramatic floor-to-ceiling 3-D plaster feature wall spanning from the lower level to the upper floor, this custom residence is built to impress. The truly open-concept main floor stretches approximately 60 feet from front to back, creating seamless flow for entertaining and everyday living, anchored by European-designed sliding doors that flood the space with natural light. Thoughtful luxury continues with custom hard-wired motorized blinds throughout, refined finishes, and a separate two-car garage for added privacy and functionality. Positioned within the visionary Lakeview Village waterfront redevelopment - bringing new parks, trails, retail, and destination amenities - this is lakeside living with powerful upside, all within easy reach of Downtown Toronto.
Estimate your monthly payments for this property
Estimated Payment
$10,567.35/mo
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.
Discover Mississauga
Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mississauga
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1047 Meredith Avenue, 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 25+ years of GTA real estate experience
Competitive Pricing
At $796/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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.
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 $9,954 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.