1194 Queen Victoria Avenue, Mississauga

Price: $2,650,000

5 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: W13059374

Welcome to the prestigious 1194 Queen Victoria Ave in the desirable Lorne Park area, surrounded by nature and other multi-million dollar homes. This property offers privacy, serenity, and beauty while maintaining convenience and accessibility. Completely renovated with over $290,000 spent in upgrades, this elegant home blends modern style with luxurious living. It offers approx. 4,000 sq ft of total living space, featuring 4+1 Bedrooms, 4 Baths, a 2-car garage, and an oasis backyard.The main floor boasts an expansive living/dining area with cathedral ceilings, a bay window, and hardwood floors, all flooded with natural light. The cozy family room centers around a charming wood-panelled fireplace. The custom gourmet kitchen overlooks the lush backyard and features an oversized quartz island with seating for four, stainless steel appliances, ample cabinets, and a sunny breakfast area with a picture window.Custom cabinetry in the laundry/mudroom adds beauty and function, with inside access to the garage. Upstairs you'll find 4 spacious bedrooms. The Primary offers a balcony overlooking the pool, a custom walk-in closet, and a spa-like ensuite with a freestanding tub and walk-in glass shower. A built-in bookshelf in the 4th bedroom makes it ideal as an office or library.The professionally finished lower level is designed for entertaining and includes a large rec area with pool table, gym, guest room, family TV room, and a 3-pc bath with heated floors.The Muskoka-like backyard includes an in-ground pool, built-in hot tub with EcoSmart System, and a spacious seating/BBQ area surrounded by mature trees for ultimate privacy and outdoor enjoyment.Ideally located near grocery stores, Jack Darling Park, excellent schools (Lorne Park SS), Clarkson Village, Mississauga Golf & Country Club, and more. Minutes to major highways, the lake, and U of T Mississauga campus. Don't miss your chance this gem won't last!

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$2,650,000 - 1194 Queen Victoria Avenue, Mississauga

Detached for Sale in Mississauga

42 days on market
5Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
W13059374
Property Type
Detached
Status
active
Days on Site
42
Bedrooms
5
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Mississauga
Lot Size
10,413 sqft
Listing Brokerage
RE/MAX ABOUTOWNE REALTY CORP.
Description

Welcome to the prestigious 1194 Queen Victoria Ave in the desirable Lorne Park area, surrounded by nature and other multi-million dollar homes. This property offers privacy, serenity, and beauty while maintaining convenience and accessibility. Completely renovated with over $290,000 spent in upgrades, this elegant home blends modern style with luxurious living. It offers approx. 4,000 sq ft of total living space, featuring 4+1 Bedrooms, 4 Baths, a 2-car garage, and an oasis backyard.The main floor boasts an expansive living/dining area with cathedral ceilings, a bay window, and hardwood floors, all flooded with natural light. The cozy family room centers around a charming wood-panelled fireplace. The custom gourmet kitchen overlooks the lush backyard and features an oversized quartz island with seating for four, stainless steel appliances, ample cabinets, and a sunny breakfast area with a picture window.Custom cabinetry in the laundry/mudroom adds beauty and function, with inside access to the garage. Upstairs you'll find 4 spacious bedrooms. The Primary offers a balcony overlooking the pool, a custom walk-in closet, and a spa-like ensuite with a freestanding tub and walk-in glass shower. A built-in bookshelf in the 4th bedroom makes it ideal as an office or library.The professionally finished lower level is designed for entertaining and includes a large rec area with pool table, gym, guest room, family TV room, and a 3-pc bath with heated floors.The Muskoka-like backyard includes an in-ground pool, built-in hot tub with EcoSmart System, and a spacious seating/BBQ area surrounded by mature trees for ultimate privacy and outdoor enjoyment.Ideally located near grocery stores, Jack Darling Park, excellent schools (Lorne Park SS), Clarkson Village, Mississauga Golf & Country Club, and more. Minutes to major highways, the lake, and U of T Mississauga campus. Don't miss your chance this gem won't last!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,721.84/mo

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5-yr fixed avg.

Principal: $2,120,000Interest: $1,396,553
Mortgage Amount$2,120,000
Total Interest$1,396,553
Est. Property Tax$1,877/mo
Total Cost$3,516,553

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

1194 Queen Victoria Avenue, 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)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,877
Insurance (est.)-$552
Net Cash Flow+$1,521

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $1060/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 42 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 4 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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    1194 Queen Victoria Avenue, M… — $2,650,000 | Battaglia Team