$1,499,900 - 1253 Melton Drive, Mississauga
Detached for Sale in Mississauga
New — Listed yesterday- MLS Number
- W13008582
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 6
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- Royal LePage Our Neighbourhood Realty
Exceptional opportunity in the heart of Lakeview! This fully renovated 4+2 bedroom, 3 bathroom bungalow offers over 4,000 sq ft of finished living space on a rare oversized 100 ft double lot.Featuring bright, open-concept interiors with wide-plank engineered hardwood and modern tile flooring, the main level is designed for both everyday living and entertaining. The updated kitchen overlooks the living and dining areas and is anchored by a cozy fireplace. Spacious bedrooms and renovated bathrooms provide comfort throughout.The fully finished lower level with large above-grade windows offers flexible space for extended family, recreation, or potential income.Step outside to a deep, private, tree-lined backyard with a walkout deck-perfect for relaxing or entertaining. Additional highlights include a two-car garage (car lift ready), six-car driveway, sprinkler system, smart doorbell camera, new main floor windows (2025), owned furnace (2024), owned A/C (2024), and updated grading.Set on a premium lot with approved severance into two 50 x 145 ft parcels, each with its own municipal address-ideal for builders, investors, or end users looking to expand.Located in a quiet, family-friendly neighbourhood just minutes to Lake Ontario, Port Credit, Sherway Gardens, Trillium Hospital, major highways, and only 20 minutes to downtown Toronto. With significant redevelopment underway in the surrounding area, this property offers both immediate enjoyment and long-term potential.
Estimate your monthly payments for this property
Estimated Payment
$6,634.56/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.
1253 Melton Drive, 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 $750/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 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 3 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.