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Hamza Nouman, REALTOR®
1199 Melton Drive — property photo
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1199 Melton Drive, Mississauga

Lakeview · Investor guide

$1,269,000

Estimated Value

$1,350,000

-6% Below Market

Based on neighbourhood averages

Detached4 bed / 2 bath11 DOM~1,750 sqft
Suite Potential

Cash flow, cap rate & mortgage breakdown

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Listed by RE/MAX REALTRON REALTY INC.

Investment Analysis

Key Facts

Type

Detached

Bedrooms

4

Bathrooms

2

Days on Market

11

Price Drop

None

Year Built

N/A

Status

Active

Basement Income

Suite Potential (+$1,190/mo)

Rent Estimate

Main unit (3 bed)$3,800/mo
Basement suite (1 bed)$1,190/mo
Total Est. Rent$4,990/mo

Based on Lakeview neighbourhood rental data · Verify suite legality with the City of Mississauga

Remarks

Welcome To Lakeview Living At Its Finest! This Charming 4-Bedroom Back-Split Is Ideally Situated In One Of Mississauga's Most Desirable Communities, Surrounded By Stunning Multi-Million-Dollar Custom Homes And Endless Possibilities. Whether You're Looking To Renovate, Expand, Or Build Your Dream Home From The Ground Up, This Property Offers Incredible Potential. The Functional Layout Features Three Spacious Bedrooms On The Upper Level, A Versatile Fourth Bedroom On The Lower Level, And A Large Family Room With A Walk-Out To A Private Backyard-Perfect For Entertaining, Relaxing, And Creating Your Own Outdoor Oasis. Adding To The Home's Versatility Is A Bright Solarium Featuring Soaring Ceilings, A Skylight, And A Walk-Out To The Backyard. Currently Used As A Home Gym, This Flexible Space Offers Endless Possibilities As A Sun-Filled Retreat, Home Office, Studio, Or Additional Living Space. The Fully Finished Basement Provides Even More Living Space, Featuring A Second Kitchen And A Spacious Recreation Area, Ideal For Extended Family, Guests, A Home Office, Or Additional Flexibility To Suit Your Lifestyle. Enjoy A Prime Location On The Mississauga-Etobicoke Border With Unbeatable Convenience. Minutes To The QEW, Public Transit, Sherway Gardens, Shopping, Dining, And Everyday Amenities. Enjoy Weekend Walks At Laughton Heights Park, Explore The Etobicoke Creek Trails, Or Tee Off At The Nearby Lakeview And Toronto Golf Courses. A Rare Opportunity For Builders, Investors, Or Families Looking To Create Something Truly Special In A Thriving And Connected Community. Don't Miss Your Chance To Make Your Mark In Lakeview! TOTAL SQFT 2365, Above Ground 1768 and Below 595. Excludes Area: Storage, Utility Room, Solarium, Fireplace, Garage and Porch. Refer To Floor Plan and (Estimated) Measurements.

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