1404 Lewisham Drive, Mississauga

Price: $1,265,000

4 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13189630

Extensively renovated south Mississauga sidesplit w/ separately fenced concrete, inground pool, redone large composite decking off Centre island kitchen and a fabulous sunny large Family Room addition with functional built-ins for everyday needs. This house has gone through an interior transformation since 2018 with kitchen cabinetry, stainless appliances, wide-plank hardwood floors, renovated main bath, custom built-ins, gas fireplace insert, mechanical updates. Outside was redone a year ago w new front windows, siding, repaved driveway. It has also been beautifully landscaped, and lots of new fencing. Enjoy walking trails, elementary schools within steps for your children, go-train, shops restaurants nearby and a pool for summer leisure - Its a real standout property in the area - come see for yourself!

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$1,265,000 - 1404 Lewisham Drive, Mississauga

Detached for Sale in Mississauga

Popular Listing
4Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W13189630
Property Type
Detached
Status
active
Days on Site
13
Bedrooms
4
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Lot Size
6,250 sqft
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE
Description

Extensively renovated south Mississauga sidesplit w/ separately fenced concrete, inground pool, redone large composite decking off Centre island kitchen and a fabulous sunny large Family Room addition with functional built-ins for everyday needs. This house has gone through an interior transformation since 2018 with kitchen cabinetry, stainless appliances, wide-plank hardwood floors, renovated main bath, custom built-ins, gas fireplace insert, mechanical updates. Outside was redone a year ago w new front windows, siding, repaved driveway. It has also been beautifully landscaped, and lots of new fencing. Enjoy walking trails, elementary schools within steps for your children, go-train, shops restaurants nearby and a pool for summer leisure - Its a real standout property in the area - come see for yourself!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,595.52/mo

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5-yr fixed avg.

Principal: $1,012,000Interest: $666,657
Mortgage Amount$1,012,000
Total Interest$666,657
Est. Property Tax$896/mo
Total Cost$1,678,657

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

1404 Lewisham Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$896
Insurance (est.)-$264
Net Cash Flow+$2,040

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 $843/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.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

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 $5,271 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1404 Lewisham Drive, Mississa… — $1,265,000 | Battaglia Team