961 Ribston Road, Mississauga

Price: $899,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13048152

Welcome home to this meticulously maintained 3+1 bedroom, 1.5-bath home, nestled on a quiet street in highly sought after Lakeview Mississauga. Set on an exceptional 140-foot deep lot surrounded by mature trees, timeless flagstone & mother nature, it offers a rare blend of privacy, charm, and future potential. Features gorgeous original hardwood floors throughout and no shortage of charachter and pride of ownership. Ideal for first-time buyers, downsizers, investors & developers alike, this property delivers outstanding flexibility in a highly desirable location. Walking distance to schools, parks, Don Mac Lean Public pool, baseball, tennis, places of worship, daycare and shopping at Apple wood Plaza, with easy access to GO Transit, the QEW, and Sherway Gardens just minutes away. Only 5minutes to Lakeview Golf Course and Cawthra Secondary School. Own a stunning oversized lot nestled in amongst the peaceful, family-friendly community of Lake view Mississauga. This one won't last. A rare opportunity to enjoy family and friends while hosting an epic summer gathering BBQing or just relaxing on the patio with friends... at Home.

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New Listing
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$899,000 - 961 Ribston Road, Mississauga

Detached for Sale in Mississauga

New — Listed yesterday
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W13048152
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
REMAX CONNECT REALTY
Description

Welcome home to this meticulously maintained 3+1 bedroom, 1.5-bath home, nestled on a quiet street in highly sought after Lakeview Mississauga. Set on an exceptional 140-foot deep lot surrounded by mature trees, timeless flagstone & mother nature, it offers a rare blend of privacy, charm, and future potential. Features gorgeous original hardwood floors throughout and no shortage of charachter and pride of ownership. Ideal for first-time buyers, downsizers, investors & developers alike, this property delivers outstanding flexibility in a highly desirable location. Walking distance to schools, parks, Don Mac Lean Public pool, baseball, tennis, places of worship, daycare and shopping at Apple wood Plaza, with easy access to GO Transit, the QEW, and Sherway Gardens just minutes away. Only 5minutes to Lakeview Golf Course and Cawthra Secondary School. Own a stunning oversized lot nestled in amongst the peaceful, family-friendly community of Lake view Mississauga. This one won't last. A rare opportunity to enjoy family and friends while hosting an epic summer gathering BBQing or just relaxing on the patio with friends... at Home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,612.34/mo

Includes CMHC insurance ($25,082)

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5-yr fixed avg.

Principal: $809,100Interest: $549,519
Mortgage Amount$834,182
Total Interest$549,519
Est. Property Tax$637/mo
Total Cost$1,383,701

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

961 Ribston Road, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$1,976

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 $817/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.

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 $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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