1016 East Ave
Lakeview, Mississauga, Ontario L5E 1W8
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1,100–1,500sq ft
- Per sq ft
- $746at the range’s middle
- Lot
- 40 x 126.52 ft
- Tax a year
- $6,4722026 tax year
- Parking
- 31 attached
- Days on market
- Members
The brief
About 1016 East Ave
1016 East Ave is a 3-bedroom, 2-bathroom detached house in Lakeview, Mississauga, listed for sale at an asking price of $970,000 (MLS® W14092986).
Welcome to this charming solid brick bungalow, nestled on a large 40 x 126 ft west-facing lot on East Ave in Mississauga's beloved Lakeview neighbourhood. Cherished by multiple generations of the same family, this home tells a story of pride in ownership clean, well-cared-for, and ready for its next chapter. This home offers original character throughout - an ideal choice for buyers who appreciate craftsmanship, or for those with a vision to modernize and add their personal touch. Whether you choose to simply move in and enjoy, or embark on a stylish renovation, the bones are solid and the potential is undeniable. The main floor features 3 bedrooms and an L-shaped living and dining room, along with a large eat-in kitchen. A convenient separate side entrance leads to a bright, spacious basement complete with a second full eat-in kitchen - offering excellent in-law suite potential or income-generating possibilities. The basement benefits from generous natural light, making it a livable and versatile space. Outside, the large backyard is big enough for kids, dogs, or both.This home is also equipped with a backwater valve on the main sewer line, providing an important layer of protection against basement fl. A valuable upgrade offering peace of mind, and one that may also help reduce home insurance premiums.Situated in one of Mississauga's south-end communities, this home puts you close to parks, Lake Ontario, schools, and transit. Enjoy lakefront living with easy access to Lakefront Promenade, Lakeview Park, Serson Park, and the Port Credit Yacht Club. Recreation options include the public Lakeview Golf Course, Carmen Corbasson Community Centre (arena, pool, gym), and the Mississauga Seniors Centre. The neighbourhood is served by well-regarded schools including Cawthra Park Secondary School, home to Peel's Regional Arts Program. Commuters benefit from quick access to the QEW/Queensway and Lakeshore, plus two nearby GO stations for an easy ride into downtown Toronto
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall30/100−$1,465/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 5 homes with 3 bedrooms for lease in Lakeview right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $6,472 / 2026
- MLS® number
- W14092986
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 40 x 126.52 ft
- Listed on
- Parking
- 1 Attached, 3 Parking
Property details
Property
- Property Type
- Detached
- Style
- Bungalow-Raised
- Community
- Lakeview
- Municipality
- Mississauga
Building
- Size
- 1100-1500 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 3pc Lower
- Basement Type
- Full
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 2
- Total Parking
- 3
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 40 ft
- Depth
- 126.52 ft
- Lot Size
- 40 x 126.52 ft
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- Lennox High Efficiency Furnace October 2022, All Existing Appliances, All ELF, GDO and Remote
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.26 × 4.53 m | hardwood floor, L-Shaped Room, Combined W/Dining | Main |
| Dining | 3.05 × 3.36 m | hardwood floor, L-Shaped Room, Large Window | Main |
| Kitchen | 3.34 × 5.43 m | Vinyl Floor, Eat-In Kitchen, B/I Dishwasher | Main |
| Primary | 3.05 × 3.86 m | hardwood floor, Large Window, O/Looks Backyard | Main |
| 2nd Br | 3.05 × 2.75 m | hardwood floor, Double Closet | Main |
| 3rd Br | 2.64 × 2.8 m | hardwood floor, Large Closet, O/Looks Backyard | Main |
| Bathroom | 0.0 × 0.0 m | 4 Pc Bath, B/I Vanity | Main |
| Bathroom | 0.0 × 0.0 m | 3 Pc Bath, Separate Shower | Lower |
| Rec | 4.1 × 5.8 m | — | Lower |
| Laundry | 1.66 × 3.96 m | — | Lower |
| Kitchen | 2.49 × 3.68 m | — | Lower |
| Dining | 3.3 × 3.68 m | — | Lower |
Listing history
Buy/sell history for 1016 East Ave, Mississauga, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $970,000 | N/A | For Sale | W14092986 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $194,000
- Total mortgage amount
- $776,000
- Total interest payment
- $551,800
- Total purchase cost
- $1,521,800
- Mortgage payment
- $4,426/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
46%Monthly carrying cost
$4,965- Rent $3,500
- Shortfall $1,465
Rental income opens at $3,500, the median asking rent of 5 comparable homes for lease in Lakeview. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $15,875
- Total land transfer tax
- $15,875
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $11,875
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $970,000
- $11,400
- Ontario total
- $15,875
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 5,061 sq ft470 m²
- Street frontage
- 40 ft12.2 m
- Depth
- 126.52 ft38.6 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Credit Valley Conservation’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m38 test or monitoring holes also recorded.250 m
Credit Valley Conservation · Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home2
- Nearest rail line: 290 m290 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 3 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Chantler Packages Inc. — Chantler Packages Mississauga, 250 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, CIK Telecom. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Credit Valley Conservationor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under Credit Valley Conservation Open Data Licence v1.0.
The market
Detached homes for sale in Lakeview right now
- For sale now
- 68
- Median asking price
- $1.46M
- New in 7 days
- 7
- Price cuts
- 24%
Middle half: $1.09M to $2.32M
29 in 28 days
16 listings
This home is asking 34% below the median, lower than three quarters of them.
See all homes in LakeviewAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Long Branch GO | GO Transit train: Lakeshore West | 2.5 km |
| Port Credit GO | GO Transit train: Lakeshore West | 2.6 km |
| Dixie GO | GO Transit train: Milton | 4.1 km |
| Cooksville GO | GO Transit train: Milton | 4.9 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Queen of Heaven SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 600 m | 96%Grade 6 average |
| Janet I. McDougald Public SchoolPeel DSB | Public · grades JK–5 | 1.1 km | 58%Grade 3 average |
| St Dominic Separate SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 1.2 km | 89%Grade 6 average |
| École élémentaire Micheline-Saint-CyrConseil scolaire Viamonde | French-language public · grades JK–6 | 2.5 km | 76%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Paul Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 750 m | 72%Grade 9 math |
| Cawthra Park Secondary SchoolPeel DSB | Public · grades 9–12 | 800 m | 65%Grade 9 math |
| Port Credit Secondary SchoolPeel DSB | Public · grades 9–12 | 2.2 km | 70%Grade 9 math |
| Father John Redmond Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 4.6 km | 75%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Lakeview are shown to signed-in members.