1253 Melton Drive Sold 5 days ago

Mississauga, Lakeview, L4Y 1L6

$1,750,000$000000

Description

Listed by KELLER WILLIAMS REAL ESTATE ASSOCIATES.

Calling all Builders, Investors & Developers!! Welcome to 1253 Melton Road. This lot is one of the largest in the area, offering 150 feet of frontage - more than double the width of most adjacent lots, which typically span 58 feet. This expansive half-acre+ lot in the highly sought-after Lakeview neighborhood presents significant potential for the right buyer. The existing home offers a strong cashflow opportunity with 4,300 sq. ft. of living space, including 4 bedrooms, 3 bathrooms, and an expansive lower level with above-grade windows. The property features a new furnace, an owned hot water tank, a 2-car garage, and ample parking with space for 6 additional vehicles. Conveniently located just minutes from Trillium Hospital, Sherway Gardens, major highways, Pearson Airport, top-rated schools, and a quick 20-minute drive to downtown Toronto. Plus, the property's proximity to Etobicoke offers substantial savings on land transfer taxes. Don't miss out on this prime investment opportunity!

Location

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  • Address: 1253 Melton Drive
  • Neighborhood: Lakeview
  • City: Mississauga
  • State: Ontario
  • Postal Code: L4Y 1L6

Property Video

Property Details

  • Property ID: W11968831
  • Property Price: $1,750,000
  • Style: Detached, Bungalow
  • Rooms: 9+4
  • Bedrooms: 4+1
  • Bath: 3
  • Garages Spaces: 2
  • Garage: Attached
  • Parking Spaces: 8
  • A/C: Central Air
  • Basement: Part Fin
  • Central Vac.: N
  • Den: Y
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: Y
  • Taxes: $9,287.00 (2024)
  • Lot: 145.53x150.00 (Feet) - 149.25. Rear, 159.03

Room details and dimensions

Statistics for similar Detached homes in Lakeview

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Detached homes in Lakeview

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Detached homes in Lakeview

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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