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Single Family Detached · Listed 1 day ago

1162 Northmount Mississauga,ON L5E 1X9

Mississauga, ON, Canada

3 Beds4 Baths1,100–1,100 sqft0 Built

List price

$849,900

Why This Property?

This 1,100-square-foot Lakeview detached property has three bedrooms, four bathrooms and three tenanted units. Lakefront Promenade Park offers waterfront recreation nearby, while MiWay buses connect with Long Branch and Port Credit GO stations.

Facts & Features

Highlights

  • waterfront

Bedrooms & bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full: 4
  • Half: 0

Living Area

  • 1,100–1,100 sqft

Stories

Lot size

  • N/A — Condo

Year built

  • 0

Property type

  • Single Family Detached

Standard status

  • Active

Cooling

Heating

View

    Utilities

      Water / Sewer

      About This Property

      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.

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      Listing Broker

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      MLS® TRREB · Listing #W14025684

      Frequently Asked Questions

      Everything you need to know about valuing and buying with RealOrca.

      How many units are described at the property?
      The listing describes a fully tenanted three-unit property.
      What waterfront amenities are nearby?
      Lakefront Promenade Park is a major waterfront destination with a marina and outdoor recreation space. Lakeview Village is planned to include parks, trails and public spaces.
      What should buyers know about purchasing a single family detached home in Mississauga?
      Buyers should compare neighbourhoods based on commute, schools, lot sizes, and the age of the home. In Mississauga, detached homes range from established properties in mature communities to newer homes in more recently developed areas. It is also helpful to review local zoning, future transit plans, and the condition of major systems such as the roof, windows, plumbing, and electrical before making an offer.
      Which Mississauga neighbourhoods are popular for single family detached homes?
      Mississauga offers several well-known areas for detached homes. Erin Mills and Meadowvale are often chosen for their family-friendly feel and access to parks, schools, and community amenities. Rathwood is known for established streetscapes and convenient access across the city. Port Credit appeals to buyers who want a waterfront lifestyle, while Mineola and Lorne Park are recognized for larger homes and prestigious residential settings.
      What types of features are common in single family detached homes in Mississauga?
      Common features include private yards, driveways, garages, multiple bedrooms, and finished basements. In more established neighbourhoods, buyers may find larger lots, mature trees, and traditional layouts. In other parts of the city, detached homes may offer updated interiors, open-concept living spaces, home offices, and modern family-oriented designs. Features can vary widely depending on the neighbourhood and the age of the property.
      How is transit and commuting for homeowners in Mississauga?
      Mississauga is well connected for commuters through MiWay bus service, GO Transit stations such as Port Credit GO and Meadowvale GO, and major road networks. The Hurontario LRT is expected to further improve north-south travel. Buyers considering a detached home often look at how close a neighbourhood is to transit, highways, and employment hubs, especially if daily commuting is a priority.