Listed for:Listed 2 days ago
$849,900

1162 Northmount Avenue

Mississauga (Lakeview), ON L5E 1X9

Detached House For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 1162 Northmount Avenue, Mississauga, Lakeview

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1162 Northmount Avenue, Mississauga, Lakeview

Summarized Description

  • Investment opportunity in sought-after Lakeview neighbourhood.
  • Fully tenanted with three rental units.
  • Live in one unit, rent out the others.
  • Current rents are below market value.
  • Potential for additional loft suite for added income.
  • Minutes from Lakeshore Rd E and waterfront.
  • Flexible options: house-hack, hold, or add value.
  • Opportunities like this don't last long.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$6,473
Land Transfer Tax Fee
$13,473

Basement Type
Finished, Separate Entrance

Interior Features

Interior Extras
Carpet Free, In-Law Capability, Primary Bedroom - Main Floor
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Stucco (Plaster)
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
40.00 m
Lot Depth
156.00 m

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
5
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Gas
Heat Type
Radiant
Air Conditioning
Window Unit(s)
Water
Municipal
Sewers
Sewer

Bedrooms
4 + 2
Washrooms
4
Kitchens
3
Family / bonus room
Yes

Washrooms

  • 4-piece
  • 3-piece
  • 2-piece

Municipality
Mississauga
Neighbourhood
Lakeview
Main cross streets
Northmount / Atwater
Directions
Northmount / Atwater

MLS® number
W14025684
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-13
Updated on
2026-10-14
Days on market
2 days
Possession type
Immediate
Co-op commission
2.5%
Seller
Listed by
Rock Star Real Estate Inc., Brokerage

Home Market Value

Current home valuation for 1162 Northmount Avenue, Mississauga, Lakeview, Mississauga, ON. Listed for $849,900

HOMEH Estimate

?

$885,110

Estimated Sales Range

?

$531,066 - $1,239,154

HOMEH Estimate for 1162 Northmount Avenue, Mississauga, Lakeview

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$885,110Low confidence
Based on 6 comparable properties
− $35,210 (4%) below our estimate — Good deal!
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Mississauga, ON
Minimum Down Payment Required:7.1%

5% on first $500K + 10% on $349,900 over $500K

Minimum down payment

$59,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$31,582$23,712$20,228$0
=Total mortgage
$821,139$788,622$742,643$679,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,009monthly$3,850monthly$3,626monthly$3,320monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$13,473

Total Land Transfer Tax

$13,473

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