$1,198,000Asking Price
Welcome to 1072 Orchard Drive, a rare redevelopment opportunity in the highly sought-after Lakeview neighbourhood of South Mississauga. Set on an expansive 50' x 200' lot, this premium property presents an outstanding opportunity for builders, investors, or end users looking to create a custom home in one of the city's fastest-transforming communities. Surrounded by luxury custom residences, this property offers the ideal canvas to design and build a spectacular new home. Zoned RL, the property permits detached and semi-detached dwellings, with the potential for an accessory dwelling unit, subject to City of Mississauga approvals. The zoning allows for approximately 4,000 sq. ft. of above-grade living space (ground floor and second floor). The existing home was renovated in 2018 and has been tenant occupied, offering excellent flexibility as a holding property. Whether you choose to live in the home, continue generating rental income, or lease it while designing and permitting your future custom build, this property provides exceptional short- and long-term value. Ideally located in the heart of Lakeview, residents will enjoy easy access to the vibrant waterfront, parks, trails, marinas, golf courses, and the exciting Lakeview Village redevelopment. Excellent schools, shopping, restaurants, and everyday amenities are nearby, while commuters benefit from quick access to the QEW, Highways 427 and 403, and both Long Branch and Port Credit GO Stations, making travel throughout the GTA effortless. Whether you're looking to build, invest, or hold for the future, 1072 Orchard Drive offers exceptional potential in one of South Mississauga's most desirable neighbourhoods.
Welcome to 1072 Orchard Drive, a rare redevelopment opportunity in the highly sought-after Lakeview neighbourhood of South Mississauga. Set on an expansive 50' x 200' lot, this premium property presents an outstanding opportunity for builders, investors, or end users looking to create a custom home in one of the city's fastest-transforming communities. Surrounded by luxury custom residences, this property offers the ideal canvas to design and build a spectacular new home. Zoned RL, the property permits detached and semi-detached dwellings, with the potential for an accessory dwelling unit, subject to City of Mississauga approvals. The zoning allows for approximately 4,000 sq. ft. of above-grade living space (ground floor and second floor). The existing home was renovated in 2018 and has been tenant occupied, offering excellent flexibility as a holding property. Whether you choose to live in the home, continue generating rental income, or lease it while designing and permitting your future custom build, this property provides exceptional short- and long-term value. Ideally located in the heart of Lakeview, residents will enjoy easy access to the vibrant waterfront, parks, trails, marinas, golf courses, and the exciting Lakeview Village redevelopment. Excellent schools, shopping, restaurants, and everyday amenities are nearby, while commuters benefit from quick access to the QEW, Highways 427 and 403, and both Long Branch and Port Credit GO Stations, making travel throughout the GTA effortless. Whether you're looking to build, invest, or hold for the future, 1072 Orchard Drive offers exceptional potential in one of South Mississauga's most desirable neighbourhoods.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 12.83' x 10.66' | Window, Laminate |
| 1 3-Piece Bathroom on Main Floor | ||||
| 1 3-Piece Bathroom | ||||
| 1 3-Piece Bathroom | ||||
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Lakeview, Mississauga is a west GTA neighbourhood notable for its singles, executives, education, law & public sector professionals and tradespeople. It has a higher than average population of Polish speakers. Residents tend to be older with a significant number of adults aged 35 to 44, 35 to 44, 35 to 44 and 35 to 44 and seniors aged 65 to 69.
Kids Per Family
1.1
kids per family
in the neighbourhood.
45%
of residents are
single and loving it.
45% singles
Mississauga (44%)
26%
of residents
are renters.
26% renters
Mississauga (29%)
33%
of residents are
university grads.
33% university grads
Mississauga (45%)Average Household Income
$119K
is the average household
income in the neighbourhood.
Professions
| Sales | 15% |
| Business | 11% |
| Trades | 10% |
| Management | 8% |
| Government | 7% |
36%
of residents were
born outside of Canada.
36% immigrants
Mississauga (56%)4.5% from Poland
All-time
0.7% from China
Recent
Foreign Languages
| Polish | 5% |
| Portuguese | 5% |
| Italian | 3% |
| Ukrainian | 2% |
| Spanish | 2% |
Religions
| Christian | 74% |
| Hindu | 2% |
| Muslim | 2% |
| Buddhist | 1% |
| Jewish | 1% |