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Photo of 1016 EAST AVENUEFor sale30 photos
Photo of 1016 EAST AVENUE
Photo of 1016 EAST AVENUE
Photo of 1016 EAST AVENUE
Photo of 1016 EAST AVENUE
Photo of 1016 EAST AVENUE
Photo of 1016 EAST AVENUE

For sale

1016 East Avenue

1016 EAST AVENUE

MLS® W14092986 · 0 days on market · Active

$970,000

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About this property

Welcome to this charming solid brick bungalow, nestled on a large 40 x 126 ft west-facing lot on East Ave in Mississauga's beloved Lakeview neighbourhood. Cherished by multiple generations of the same family, this home tells a story of pride in ownership clean, well-cared-for, and ready for its next chapter. This home offers original character throughout - an ideal choice for buyers who appreciate craftsmanship, or for those with a vision to modernize and add their personal touch. Whether you choose to simply move in and enjoy, or embark on a stylish renovation, the bones are solid and the potential is undeniable. The main floor features 3 bedrooms and an L-shaped living and dining room, along with a large eat-in kitchen. A convenient separate side entrance leads to a bright, spacious basement complete with a second full eat-in kitchen - offering excellent in-law suite potential or income-generating possibilities. The basement benefits from generous natural light, making it a livable and versatile space. Outside, the large backyard is big enough for kids, dogs, or both.This home is also equipped with a backwater valve on the main sewer line, providing an important layer of protection against basement fl. A valuable upgrade offering peace of mind, and one that may also help reduce home insurance premiums.Situated in one of Mississauga's south-end communities, this home puts you close to parks, Lake Ontario, schools, and transit. Enjoy lakefront living with easy access to Lakefront Promenade, Lakeview Park, Serson Park, and the Port Credit Yacht Club. Recreation options include the public Lakeview Golf Course, Carmen Corbasson Community Centre (arena, pool, gym), and the Mississauga Seniors Centre. The neighbourhood is served by well-regarded schools including Cawthra Park Secondary School, home to Peel's Regional Arts Program. Commuters benefit from quick access to the QEW/Queensway and Lakeshore, plus two nearby GO stations for an easy ride into downtown Toronto (id:67193)

Beds
3
Baths
2

Features & Amenities

Interior

Total bedrooms
3
Total bathrooms
2
Parking
3

Area & Lot

Status
For sale
MLS® ID
W14092986
Type
House
Ownership
Freehold
Lot size
40 x 126.5 FT
Neighbourhood
Lakeview

Financial

Sale price
$970,000
Property taxes
$6,472

Rooms

RoomLevelDimensions
Living roomMain level4.53 x 3.26
KitchenLower level3.68 x 2.49
Dining roomLower level3.68 x 3.3
Dining roomMain level3.36 x 3.05
KitchenMain level5.43 x 3.34
Primary BedroomMain level3.86 x 3.05
Bedroom 2Main level2.75 x 3.05
Bedroom 3Main level2.8 x 2.64
BathroomMain level
BathroomLower level
Recreational, Games roomLower level5.8 x 4.1
Laundry roomLower level3.96 x 1.66

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Monthly payment

$4,779

Principal borrowed
$842,960
Total interest over amortization
$590,642
CMHC insurance premium
$22,960
Down payment
$150,000 (15.5%)
Principal Interest

Not included

Property tax, condo maintenance fees and home insurance are paid separately and are not part of this payment. Budget for them alongside it.

CMHC premium schedule as of 2026-08-18. Estimate only — not financial advice. Actual payments, insurance premiums and approval depend on your lender.

Land Transfer Tax — pre-filled with this price.

Neighbourhoods

Mississauga

A major lakeside city west of Toronto with an established mix of condos, townhomes, and detached streets.

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Listed by SUTTON GROUP QUANTUM REALTY INC.. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

View this listing on REALTOR.ca®

This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association.

Kerrland Realty Group

Strategic Guidance. Personalized Service. Proven Results

Kerrland Realty Group is committed to delivering a seamless and elevated real estate experience through local expertise, skilled negotiation, and tailored strategies designed around each client's unique goals.

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