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SOLD CONDITIONALLY
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$1,800,000 Sold Price

$1,750,000Asking Price

1253 Melton Dr

Lakeview, Mississauga

Detached
4 + 1
Bedrooms
3
Baths
8
Parking
Days on Market

Calling all Builders, Investors & Developers!! Welcome to 1253 Melton Road. This lot is one of the largest in the area, offering 150 feet of frontage - more than double the width of most adjacent lots, which typically span 58 feet. This expansive half-acre+ lot in the highly sought-after Lakeview neighborhood presents significant potential for the right buyer. The existing home offers a strong cashflow opportunity with 4,300 sq. ft. of living space, including 4 bedrooms, 3 bathrooms, and an expansive lower level with above-grade windows. The property features a new furnace, an owned hot water tank, a 2-car garage, and ample parking with space for 6 additional vehicles. Conveniently located just minutes from Trillium Hospital, Sherway Gardens, major highways, Pearson Airport, top-rated schools, and a quick 20-minute drive to downtown Toronto. Plus, the property's proximity to Etobicoke offers substantial savings on land transfer taxes. Don't miss out on this prime investment opportunity!

Calling all Builders, Investors & Developers!! Welcome to 1253 Melton Road. This lot is one of the largest in the area, offering 150 feet of frontage - more than double the width of most adjacent lots, which typically span 58 feet. This expansive half-acre+ lot in the highly sought-after Lakeview neighborhood presents significant potential for the right buyer. The existing home offers a strong cashflow opportunity with 4,300 sq. ft. of living space, including 4 bedrooms, 3 bathrooms, and an expansive lower level with above-grade windows. The property features a new furnace, an owned hot water tank, a 2-car garage, and ample parking with space for 6 additional vehicles. Conveniently located just minutes from Trillium Hospital, Sherway Gardens, major highways, Pearson Airport, top-rated schools, and a quick 20-minute drive to downtown Toronto. Plus, the property's proximity to Etobicoke offers substantial savings on land transfer taxes. Don't miss out on this prime investment opportunity!

Key Info

  • Bungalow Detached
  • 6-Car Private Double Driveway
  • 2-Car Attached Garage
  • Dixie and The Queensway
  • Partially Finished Basement
  • 1 Kitchen
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 150 x 145.53 Feet
  • Brick Exterior
  • Taxes were $9,287 in 2024
  • Possession: TBD

Details

  • Fireplace
  • Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #W11968831
  • KELLER WILLIAMS REAL ESTATE ASSOCIATES

Extras

Room Floor Dimensions Details
1 Living Room Main 12.01' x 14.60' Fireplace, Picture Window, Crown Moulding
2 Dining Room Main 12.01' x 14.60' Combined W/Living, O/Looks Garden, Picture Window
3 Family Room Main 17.32' x 12.83' Open Concept, O/Looks Backyard, Picture Window
4 Kitchen Main 12.99' x 12.83' Open Concept, O/Looks Family, Picture Window
5 Primary Bedroom Main 13.32' x 12.99' Double Closet, 2-PieceEnsuite, O/Looks Backyard
6 2nd Bedroom Main 14.01' x 12.17' Double Closet, O/Looks Garden, Large Window
7 3rd Bedroom Main 12.99' x 11.42' Closet, Large Window
8 4th Bedroom Main 11.42' x 10.99' Closet, O/Looks Garden, Large Window
9 Laundry Main 9.74' x 5.35' O/Looks Backyard, Laundry Sink, Walkout To Yard
10 Bedroom Lower 23.75' x 14.83' Above Grade Window, Closet
Washroom1 4-Piece Bathroom
Washroom1 3-Piece Bathroom
Washroom1 2-Piece Bathroom

Who lives here?

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.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Mississauga  (1.4)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

45% of residents are
single and loving it.

45% singles

Mississauga (44%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

26% of residents
are renters.

26% renters

Mississauga (29%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

33% of residents are
university grads.

33% university grads

Mississauga (45%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$119K

is the average household
income in the neighbourhood.

Mississauga  ($125K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 15%
Business 11%
Trades 10%
Management 8%
Government 7%

Immigrants

36% of residents were
born outside of Canada.

36% immigrants

Mississauga (56%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Poland was once home to 4.5% of immigrants.
Portugal 3.3%
UK 2.1%
Italy 1.9%
Philippines 1.7%

4.5% from Poland
All-time

Birthplace - Recent

China was once home to 0.7% of immigrants.
Poland 0.6%
Philippines 0.5%
Pakistan 0.3%
Ukraine 0.2%

0.7% from China
Recent

Foreign Languages

Foreign Languages

Polish 5%
Portuguese 5%
Italian 3%
Ukrainian 2%
Spanish 2%

Religions

Religions

Christian 74%
Hindu 2%
Muslim 2%
Buddhist 1%
Jewish 1%