New
36
New
6
$1,049,000
1304 Alexandra Avenue, Mississauga, ON L5E 2A6
Lakeview
700 sf
5 days on marketMLS® W13761110
Listing courtesy of RE/MAX WEST REALTY INC.
Lakeview · L5E 2N9
$1,198,000
$1,089 / sq ft2 months on market
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Welcome to 1072 Orchard Drive, a rare redevelopment opportunity in the highly sought-after Lakeview neighbourhood of South Mississauga. Set on an expansive 50' x 200' lot, this premium property presents an outstanding opportunity for builders, investors, or end users looking to create a custom home in one of the city's fastest-transforming communities. Surrounded by luxury custom residences, this property offers the ideal canvas to design and build a spectacular new home. Zoned RL, the property permits detached and semi-detached dwellings, with the potential for an accessory dwelling unit, subject to City of Mississauga approvals. The zoning allows for approximately 4,000 sq. ft. of above-grade living space (ground floor and second floor). The existing home was renovated in 2018 and has been tenant occupied, offering excellent flexibility as a holding property. Whether you choose to live in the home, continue generating rental income, or lease it while designing and permitting your future custom build, this property provides exceptional short- and long-term value. Ideally located in the heart of Lakeview, residents will enjoy easy access to the vibrant waterfront, parks, trails, marinas, golf courses, and the exciting Lakeview Village redevelopment. Excellent schools, shopping, restaurants, and everyday amenities are nearby, while commuters benefit from quick access to the QEW, Highways 427 and 403, and both Long Branch and Port Credit GO Stations, making travel throughout the GTA effortless. Whether you're looking to build, invest, or hold for the future, 1072 Orchard Drive offers exceptional potential in one of South Mississauga's most desirable neighbourhoods.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 34% of comparable detached listings in Lakeview are asking less.
Based on 65 comparable active detached listings in Lakeview. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,198,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Royal LePage Real Estate Associates. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY
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Listing courtesy of RE/MAX WEST REALTY INC.
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