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New1 hour ago

1563 Skyline Drive

Lakeview, Mississauga

$1,399,000

Detached|Bungalow
2 | 6 | 4
About this home

Welcome to this beautifully renovated, south-east-facing bungalow set on one of the largest premium lots in the neighborhood! Nestled in one of Mississauga's most desirable pockets - the sought-after Lakeview community - this home has been fully renovated with intention, both inside and out, offering a seamless blend of timeless elegance, modern comfort and functionality. The open-concept main floor features a natural flow from one living space to the next, creating an inviting setting for both everyday living and entertaining. The chef-inspired kitchen is equipped with stainless steel appliances and a gas range, while the kitchen and dining area overlook the beautifully fenced, expansive backyard. Crown moldings, pot lights and a stylish electric fireplace in the living room add warmth and sophistication throughout. Retreat to the spacious primary bedroom and indulge in the spa-inspired ensuite, complete with a large walk-in shower and deep soaker tub. The finished basement further expands the living space with a generous recreation room, wood-burning fireplace and walk-up access to the backyard, offering excellent potential for an in-law suite or additional living quarters. Seton an impressive 65' x 138' lot surrounded by mature trees, the professionally landscaped backyard offers endless possibilities for creating your own private outdoor oasis. Perfect for summer entertaining, family gatherings or simply enjoying the tranquility of this established neighborhood. Additional features include a Tesla EV charger, furnace humidifier, filtration drinking water system, exterior pot lights and an abundance of thoughtful upgrades throughout. Ideally located just minutes from Sherway Gardens and the QEW, providing seamless access to highways across the GTA. Approximately 15 minutes to Toronto's downtown core, this is a rare opportunity to enjoy the space, privacy and charm of Lakeview while remaining conveniently connected to the city!

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This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$8,457
Lot Size65 ft x 138 ft
mls© NumberW13785310
Listed ByUNION CAPITAL REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,161
Property tax
$705
Heat allowance
$150
Housing costs
$8,015 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $279,800
25-yr amortization

Income needed

$247,000

gross annual household income

Payment at 4%
$5,887 / mo
Cash down
$279,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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