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For saleNew listingMLS® W14142098

940 First Street, Mississauga, ON L5E 1A8

Lakeview · L5E 1A8

$779,900

$520 / sq ft

2 days on market

Bedrooms
3
Bathrooms
2
Interior
1,500 sf
Parking
4
Lot
41.04 × 88 ft

What's special

  • 4 parking spaces
  • Finished basement
  • Fireplace
  • Carpet free
  • Rough-in bath

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About this property

Welcome to an exciting opportunity in Mississauga's highly sought-after Lakeview community! Nestled in an established neighbourhood experiencing an impressive transformation, 940 First Street offers exceptional versatility for homeowners, renovators and those envisioning a future custom-built residence. Move in and enjoy the home as it stands, thoughtfully enhance its existing interior and exterior features, or explore the potential to create your dream home, following the lead of the many custom residences redefining the surrounding streetscape. The existing home offers 3-bedrooms upstairs plus an existing den or bedroom on the main level, 2-bathrooms, a functional layout and several updates, providing a comfortable starting point with plenty of room to make it your own. Beyond the property itself, the location is a true highlight! Enjoy close proximity to the shores of Lake Ontario, waterfront parks, scenic walking and cycling trails, and the exciting Lakeview Village redevelopment, bringing a new vision for waterfront living to the community. Everyday conveniences are within easy reach, including the nearby Walmart, local shops, restaurants, schools and community amenities. Commuters will appreciate convenient access to the QEW, nearby Long Branch and Port Credit GO Stations, and major routes connecting to downtown Toronto and across the GTA. Whether you're looking to settle into a vibrant lakeside neighbourhood, invest in future improvements or explore the possibilities of a custom build, this property offers an exciting opportunity in one of Mississauga's evolving communities. Don't sleep on this value - book your showing today!

Features

  • Carpet Free
  • Rough-In Bath

Property details

Property

Property type
detached
Bedrooms
3
Bathrooms
2
Interior size
1,500 sq ft
Lot size
41.04 × 88 ft
Possession
Immediate/TBA

Interior

Basement
Full, Unfinished
Heating
Radiant · Gas
Cooling
Other
Fireplaces
1
Exposure
South

Exterior & services

Construction
Other
Parking spaces
4
Sewer
Sewer

Costs

List price
$779,900
Property taxes
$5,728 / year (2025)
Price per sq ft
$520

Listing

MLS® number
W14142098
Status
For sale
Listed
November 3, 2026
Days on market
2
Last updated
November 4, 2026
Listing brokerage
VENTURE REAL ESTATE CORP.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 8% of comparable detached listings in Lakeview are asking less.

$888KMedian $1.50M$2.80M
This home
$520 / sq ft
Comparable median
$947 / sq ft

Based on 62 comparable active detached listings in Lakeview. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.8% · minimum $52,990
$52,990
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,019.21
Property tax (est.)
$477.33
Estimated monthly
$4,497

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$12,073
Total due on closing
$12,073

An estimate on the asking price of $779,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of VENTURE REAL ESTATE CORP.. 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.

$779,900

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Comparable sales nearby

What similar homes in this area actually sold for.

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