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In-PersonVirtual Tour
$ 1,198,000
Est. payment | /mo
5 Beds
3 Baths
$ 1,198,000
Est. payment | /mo
5 Beds
3 Baths
Open House
Sun Jul 05, 2:00pm - 4:00pm
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Lakeview
MLS Listing ID W13517676
Style 1 1/2 Storey
Bedrooms 5
Annual Tax Amount $6,995
Tax Year 2026
Property Sub-Type Detached
Property Description
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.
Location
Province ON
County Peel
Area Peel
Rooms
Basement Separate Entrance, Finished
Kitchen 2
Interior
Interior Features None
Cooling Central Air
Inclusions Fridge, Stove, Washer, Dryer, All ELF's
Exterior
Parking Features Detached
Garage Spaces 1.0
Pool None
Roof Type Shingles
Total Parking Spaces 4
Building
Foundation Concrete
Lited by Royal LePage Real Estate Associates