1487 Myron Drive, Mississauga

Price: $2,698,000

4 bedrooms, 6 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W12941544

Immerse yourself in Lakeview's sought-after community w/ this incomparable 2-storey residence situated on a 51 x 265 ft lot backing onto the Lakeview Golf Course & surrounded by mature greenery. The charming stone facade w/ elongated driveway for 6 vehicles sets a captivating tone which is maintained as you step through the front door & into the breathtaking open concept interior. Here, you're greeted w/ soaring ceiling heights elevated w/ LED pot lights & coffered ceilings in several rooms, sophisticated hardwood floors, expansive windows & large living spaces where loved ones gather. The gourmet kitchen is the heart of this home & showcases a meticulously thought out design w/ a servery station/pantry, a centre island w/ quartz countertops, ample upper & lower cabinetry space, and a breakfast area that opens up to the backyard deck for seamless indoor-outdoor entertainment. For those that love hosting movie night, your family room provides the perfect ambiance to do so w/ a gas fireplace, built-in speakers, coffered ceilings & a picture window. Accompanying this level are your formal living & dining areas, a home office w/ solid wood wainscotting & a mudroom w/ pet shower. Ascend upstairs & into the Owners suite curated for rest and relaxation while offering "must haves" including a large walk-in closet & a spa-like 6pc ensuite w/ steam shower. 3 more spacious bedrooms down the hall w/ their own design details including walk-in closets & 4pc ensuites + the laundry room. The basement completes the interior w/ an oversize rec area that blends a home gym with mirrored walls, a game area, and a secondary living area to gather around. At last, your backyard Oasis w/ modern composite fence awaits offering residents an upper deck w/ Lumon glass roof to enjoy your morning coffee or evening cap, a lower stone patio w/ sitting area & hot tub - perfect for alfresco dining and relaxation, and ample green space with room to add an in-ground pool. Apprx $300k spent in upgrades!

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$2,698,000 - 1487 Myron Drive, Mississauga

Detached for Sale in Mississauga

79 days on market
4Beds
6Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W12941544
Property Type
Detached
Status
active
Days on Site
79
Bedrooms
4
Bathrooms
6
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Description

Immerse yourself in Lakeview's sought-after community w/ this incomparable 2-storey residence situated on a 51 x 265 ft lot backing onto the Lakeview Golf Course & surrounded by mature greenery. The charming stone facade w/ elongated driveway for 6 vehicles sets a captivating tone which is maintained as you step through the front door & into the breathtaking open concept interior. Here, you're greeted w/ soaring ceiling heights elevated w/ LED pot lights & coffered ceilings in several rooms, sophisticated hardwood floors, expansive windows & large living spaces where loved ones gather. The gourmet kitchen is the heart of this home & showcases a meticulously thought out design w/ a servery station/pantry, a centre island w/ quartz countertops, ample upper & lower cabinetry space, and a breakfast area that opens up to the backyard deck for seamless indoor-outdoor entertainment. For those that love hosting movie night, your family room provides the perfect ambiance to do so w/ a gas fireplace, built-in speakers, coffered ceilings & a picture window. Accompanying this level are your formal living & dining areas, a home office w/ solid wood wainscotting & a mudroom w/ pet shower. Ascend upstairs & into the Owners suite curated for rest and relaxation while offering "must haves" including a large walk-in closet & a spa-like 6pc ensuite w/ steam shower. 3 more spacious bedrooms down the hall w/ their own design details including walk-in closets & 4pc ensuites + the laundry room. The basement completes the interior w/ an oversize rec area that blends a home gym with mirrored walls, a game area, and a secondary living area to gather around. At last, your backyard Oasis w/ modern composite fence awaits offering residents an upper deck w/ Lumon glass roof to enjoy your morning coffee or evening cap, a lower stone patio w/ sitting area & hot tub - perfect for alfresco dining and relaxation, and ample green space with room to add an in-ground pool. Apprx $300k spent in upgrades!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,934.16/mo

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5-yr fixed avg.

Principal: $2,158,400Interest: $1,421,849
Mortgage Amount$2,158,400
Total Interest$1,421,849
Est. Property Tax$1,911/mo
Total Cost$3,580,249

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

1487 Myron Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,050/mo
Range: $3,443 - $4,658
Cap Rate (ROI)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,050
Maintenance Fees-$0
Property Tax (est.)-$1,911
Insurance (est.)-$562
Net Cash Flow+$1,577

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

Competitive Pricing

At $771/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.

Negotiation Opportunity

At 79 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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.

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.

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    1487 Myron Drive, Mississauga | $2,698,000 | Battaglia Team