1048 ROOSEVELT Road, Mississauga

Price: $1,800,000

5 bedrooms, 6 bathrooms

2,500 - 2,999 sqft

Property Type: Semi-Detached

MLS#: W13001760

Nestled in the prestigious Lakeview community, this meticulously designed home offers a perfect blend of luxury, comfort, and modern living. With 4+1 bedrooms and 6 bathrooms, this spacious residence is tailored to meet the needs of a growing family or those seeking additional living space. Upon entering, you'll be welcomed by an open-concept main floor, where the chef-inspired kitchen shines with new stainless-steel appliances, stylish pendant lighting, sleek quartz countertops, and gleaming hardwood floors that add warmth throughout the space. The expansive living room is truly the heart of the home, offering ample space for entertaining and relaxing, while large windows and a walkout to the backyard deck allow for seamless indoor-outdoor living. The beautifully landscaped deep lot provides the perfect backdrop for enjoying summer evenings or hosting family gatherings. Upstairs, the serene primary bedroom provides a peaceful retreat, complete with a luxurious Ensuite bathroom for ultimate relaxation. Down the hallway, three stunning skylights flood the space with natural light, enhancing the airy ambiance as you pass by another beautifully designed bedroom with its own well-appointed Ensuite. The remaining two bedrooms are equally impressive, offering spacious comfort ideal for a growing family. The finished lower level adds even more versatility to this home. The legally finished basement apartment can be perfect for guests, a separate in-law or nanny suite, or help with your mortgage by offering potential rental income. The space includes a generous bedroom, a large open concept living area with a fully functional kitchen and its own separate laundry. With its functional layout, high-end finishes, and the option of rental income or extra living space in the basement, this home is a perfect choice for modern living in one of the most desirable neighborhoods.

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New Listing
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$1,800,000 - 1048 ROOSEVELT Road, Mississauga

Semi-Detached for Sale in Mississauga

New — Listed yesterday
5Beds
6Baths
2,500 - 2,999Sq Ft
Semi-Detached
Property Details
MLS Number
W13001760
Property Type
Semi-Detached
Status
active
Days on Site
1
Bedrooms
5
Bathrooms
6
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Nestled in the prestigious Lakeview community, this meticulously designed home offers a perfect blend of luxury, comfort, and modern living. With 4+1 bedrooms and 6 bathrooms, this spacious residence is tailored to meet the needs of a growing family or those seeking additional living space. Upon entering, you'll be welcomed by an open-concept main floor, where the chef-inspired kitchen shines with new stainless-steel appliances, stylish pendant lighting, sleek quartz countertops, and gleaming hardwood floors that add warmth throughout the space. The expansive living room is truly the heart of the home, offering ample space for entertaining and relaxing, while large windows and a walkout to the backyard deck allow for seamless indoor-outdoor living. The beautifully landscaped deep lot provides the perfect backdrop for enjoying summer evenings or hosting family gatherings. Upstairs, the serene primary bedroom provides a peaceful retreat, complete with a luxurious Ensuite bathroom for ultimate relaxation. Down the hallway, three stunning skylights flood the space with natural light, enhancing the airy ambiance as you pass by another beautifully designed bedroom with its own well-appointed Ensuite. The remaining two bedrooms are equally impressive, offering spacious comfort ideal for a growing family. The finished lower level adds even more versatility to this home. The legally finished basement apartment can be perfect for guests, a separate in-law or nanny suite, or help with your mortgage by offering potential rental income. The space includes a generous bedroom, a large open concept living area with a fully functional kitchen and its own separate laundry. With its functional layout, high-end finishes, and the option of rental income or extra living space in the basement, this home is a perfect choice for modern living in one of the most desirable neighborhoods.

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Estimated Payment

$7,962.01/mo

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5-yr fixed avg.

Principal: $1,440,000Interest: $948,602
Mortgage Amount$1,440,000
Total Interest$948,602
Est. Property Tax$1,275/mo
Total Cost$2,388,602

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.

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Neighbourhood Guide: Mississauga

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

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

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.

70
Walk Score
Varies
Price Range

1048 ROOSEVELT Road, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,275
Insurance (est.)-$375
Net Cash Flow+$2,300

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 Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $720/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 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 6 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.

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