A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 1253 Melton Dr, Mississauga Ontario L4Y 1L6
13 hours on Market

1253 Melton Dr, Mississauga, Ontario L4Y 1L6

Detached
4 + 1
6
~2000-2500 sqft
$2,499,999
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Detached
4 + 1
6
~2000-2500 sqft

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Highlights

Property Estimate

Days on market13 hours

Estimated valueNot available

Price/Sqft$1,124/sqft

Monthly cost

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+10

Properties sold*

$1.3M

Median sold price*

*Based on last 30 days

Description

A rare opportunity of for all Builders, Investors, Developers in Mississaugas highly sought-after Lakeview community. Located in a quiet and mature neighbourhood of applewood acres, this exceptional 4+1 bedroom with 3 washrooms detached home offers over 4,300 sqft. of freshly renovated living space on a premium, heavily treed double lot - one of the largest in the neighbourhood. Fully SEVERANCE APPROVED into two 50 x 145 ft parcels with new municipal addresses reserved. The property allows you to enjoy a beautifully updated residence today while unlocking incredible potential to build two luxury homes. Complete two 4,000 sq.ft. custom home drawings are available, with an award-winning design firm ready to initiate the next steps. Zoning is RL, creating the possibilities of building detached or semi-detached homes across from one of the top Catholic Elementary Schools (St. Edmund Separate School) in South Mississauga. The home features tile and engineered hardwood throughout the main floor, and meticulous upgrades to all bedrooms and washrooms. Additional highlights include all brand new appliances, freshly installed energy star rated windows , an owned furnace (2024), owned hot water tank, two car garage with a six-car driveway, full functional sprinkler system, and a spacious lower level with large above-grade windows for versatile living. Nestled in a mature neighbourhood surrounded by custom homes selling for $3M+, this property is also conveniently located minutes from Trillium Hospital, Sherway Gardens, Pearson Airport, and major highways including QEW and 427. and just 20 minutes from downtown Toronto. Plus, the property's proximity to Etobicoke offers substantial savings on land transfer taxes. With billions of dollars being invested into the Lakeview area through Lakeview Village, the Dixie Mall redevelopment, and the new Dixie/QEW interchange, this home offers unmatched comfort today and extraordinary potential for tomorrow.


Property Details

StyleBungalow
ViewPark/Greenbelt
Age of property-
SqFt~2000-2500 SqFt
Lot Size14,611 SqFt(145.1 x 100.7)
Parking Spaces8
MLS ®NumberW12390937
Community NameLakeview
Data SourceTRREB
Listing byRED HOUSE REALTY

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished

Main Floor

Living

3.7 x 4.445

Brick Fireplace / Large Window / hardwood floor

Dining

3.7 x 4.445

Combined W/Living / O/Looks Garden / hardwood floor

Family

5.28 x 3.91

Tile Floor / W/O To Deck / Open Concept

Kitchen

3.96 x 3.91

Combined W/Family / Tile Floor / Centre Island


Features

Lot size: 14,611 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 6

Total parking spaces 8


Property History

Sep 9, 2025
ListedActive
$2,499,999
13 hours on market
history photo preview46
Listing by trreb®

Market Data - Lakeview

Geo Zone Map ThumbnailLakeview

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

50 days

Compared to

2024

27 days

2023

16 days

2022

29 days

New Listings

Past 30 days

29 listings

Compared to

2024

23 listings

2023

30 listings

2022

23 listings

Units sold

Past 30 days

10 units

Compared to

2024

10 units

2023

12 units

2022

15 units

Median Sold Price

Past 30 days

$1,365,000

Compared to

2024

$1,299,500

2023

$1,080,000

2022

$1,450,000


Population and Demographics

Overview

Total population 20145
Average household income $162,967

Age (%)

0 to 19
20%
20 to 34
17%
35 to 49
21%
50 to 64
23%
65 and plus
19%

Household composition (%)

Single family
67%
Single person
29%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
72%
Polish
6%
Portuguese
5%
Others
3%
Italian
3%
Spanish
2%
Mandarin
1%
Ukrainian
1%
Russian
1%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Owners
73%
Renters
27%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget