$3,599,999 - 1356 Oak Lane, Mississauga
Detached for Sale in Mississauga
New — Listed 2 days ago- MLS Number
- W13411336
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RE/MAX GOLD REALTY INC.
One Of A Kind Opportunity To Buy In One Of The Most Sought After Locations In Lorne Park Neighbourhood! This Almost 2 Acre Lot, Huge Lot Size ( 195.01 X 190 Feet ),2653 SQ FT Is Truly A One Of A Kind Property With The Option To Build Your Dream Home or can Built Custom Luxury Home Or Possibly Sever Into Two Lots! Must See !!!! Close To All Amenities, Highways And Highly Rated Schools.PT LT 23, CON 2 SDS TT , AS IN VS385286, S/T & T/W VS385286, S/T VS248056 AS AMENDED BYVS272401 ; S/T RO575089,TT151419,VS294620,VS44189 SUBJECT TO AN EASEMENT OVER PTS 1 AND 243R37655 AS IN PR3149014 SUBJECT TO AN EASEMENT OVER PTS 1 AND 2 43R37655 AS IN PR3149015.The Property is under Final Process of Severance, Buyer to assume " AS IS " Condition. *************** Please Click the Virtual Tour Link to View the Entire 2 Acre Of Lot *******************
Estimate your monthly payments for this property
Estimated Payment
$15,924.01/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.
1356 Oak Lane, 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
Premium Pricing
At $1440/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $15,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.