1162 NORTHMOUNT AVENUE, Mississauga (Lakeview)

$849,900

For sale: Detached

Detached at 1162 NORTHMOUNT AVENUE, Mississauga (Lakeview)
Property type
Detached
Bedrooms / bathrooms
6 bedrooms, 4 bathrooms
Living area
1,100 sqft
MLS®
MLS® W14025684
Neighbourhood
Lakeview

Calling all investors and first-time buyers! This fully tenanted three-unit property in Mississauga's sought-after Lakeview neighbourhood is a rare chance to own your home and have it pay you back. Live in one unit while the other two tenants help cover the mortgage, allowing you to enter the market for far less than the cost of renting. Prefer to invest? Current rents sit well below market, meaning there is big upside on cash flow and room for forced appreciation, including potential for an additional loft suite. House-hack it, hold it, or add value. It works for all three. It is minutes to Lakeshore Rd E, the Port Credit waterfront, the QEW and the transformative Lakeview Village waterfront community. Opportunities like this don't last.

Sold data

Detached homes in Mississauga (Lakeview) — recent sold market

Detached homes in Mississauga (Lakeview) took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 45, across 545 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.

The median sale price was $1,200,000.

Homes sold for about 3.6% below asking on average, so there was room to negotiate.

About 15% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$1,200,000
Sale-to-list ratio
96.4%
Sold above asking
15%

Based on 545 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Mississauga (Lakeview)

Mississauga (Lakeview) has 131 Fraser Institute–rated schools (96 elementary and 35 secondary), averaging 6.8/10.

Rated schools
131
Elementary
96
Secondary
35
Average rating
6.8 / 10

Top-rated schools in Mississauga (Lakeview)

  • AI-Manarat Heights — elementary, MississaugaFraser rating 10.0/10
  • Kenollie — elementary, MississaugaFraser rating 10.0/10
  • Khalsa Malton — elementary, MississaugaFraser rating 10.0/10
  • Safa & Marwa Islamic — elementary, MississaugaFraser rating 10.0/10
  • St Rose of Lima — elementary, MississaugaFraser rating 9.7/10
  • Olive Grove — elementary, MississaugaFraser rating 9.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1162 NORTHMOUNT AVENUE