724-728 Montbeck Crescent, Mississauga

Price: $1,400,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W12687946

Prime Lakeview location-one of the last chances to build in this coveted pocket south of Lakeshore, just steps to the lake. Legally registered as 724-728 Montbeck Cres. Huge potential to sever into two 33-ft lots (numerous severances already on the street). Or renovate and enjoy a spacious home in a blue-chip neighbourhood and hold for rental income. Property, fixtures, and chattels are sold as is, where is. Backyard includes an existing (as is condition) well. Surrounded by custom builds, great schools, parks, transit, and waterfront trails. An exceptional opportunity for builders, investors, or end-users seeking value and upside.

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delisted
1/15

$1,400,000 - 724-728 Montbeck Crescent, Mississauga

Detached for Sale in Mississauga

67 days on market
4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W12687946
Property Type
Detached
Status
delisted
Days on Site
67
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Prime Lakeview location-one of the last chances to build in this coveted pocket south of Lakeshore, just steps to the lake. Legally registered as 724-728 Montbeck Cres. Huge potential to sever into two 33-ft lots (numerous severances already on the street). Or renovate and enjoy a spacious home in a blue-chip neighbourhood and hold for rental income. Property, fixtures, and chattels are sold as is, where is. Backyard includes an existing (as is condition) well. Surrounded by custom builds, great schools, parks, transit, and waterfront trails. An exceptional opportunity for builders, investors, or end-users seeking value and upside.

Mortgage Calculator

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Estimated Payment

$6,192.67/mo

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5-yr fixed avg.

Principal: $1,120,000Interest: $737,802
Mortgage Amount$1,120,000
Total Interest$737,802
Est. Property Tax$992/mo
Total Cost$1,857,802

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

724-728 Montbeck Crescent, 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)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$992
Insurance (est.)-$292
Net Cash Flow+$1,916

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Premium Pricing

At $1273/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.

Negotiation Opportunity

At 67 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.

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 $5,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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