Welcome To Lakeview

Welcome to Mississauga’s Lakeview neighbourhood!

There isn’t too much going on in Lakeview, Mississauga at the moment, but geographically speaking the closeness to Toronto is perfect for those who regularly commute into the city. The strip along Lakeshore hasn’t quite developed the same way it has in other South Mississauga communities, but we are hopeful that will continue to gentrify with the new developments scheduled to take place.

A newer condo townhouse development at Atwater is almost completed, but the piece de resistance is going to be the 177-acre Lakeview Village development scheduled to start construction in 2020. 

Previously the ‘four sisters’ coal power plant, this redevelopment should completely transform this portion of the waterfront. The development will be sectioned off into 7 different nodes, all serving their own purpose: shopping, dining, recreation, and living. In the centre of it all will be Lakeview Square, fitted with its own man-made pond with available kayaks and canoes for rent. The development should be a showstopper and could help put Lakeview on the map in a similar fashion to its westerly sister, Port Credit.

The one downside to this incredible development is that Lakeview isn’t fashioned with its own Go Train, making the MiWay buses the only available transit for residents at this time – but the Port Credit Go Station and Long Branch Go Station are just a short jaunt away. Travel by vehicle is decent with easy access to the QEW, 427 and Gardiner Expressway.

Although Lakeview isn’t quite as built up at the moment, it does have its own outlet mall – Dixie Outlet Mall, and is in close proximity to Sherway Gardens just east down the QEW.

 

Your Typical Neighbour

Depending on the pocket in Lakeview you live in, your typical neighbor could vary from young professionals, to older families or retirees. The average age in Lakeview is more mature, less children than the city average, and less renters overall than the average neighbourhood in Mississauga.

What We Love

Proximity to Toronto – as South Mississauga’s most easterly neighbourhood, you are a stone’s throw from the city which can be a great asset if you have to travel there regularly.

What We Don’t Love

The area has been a little slow to grow in comparison to other South Mississauga ‘hoods bit it’s starting to catch up now.

The Real Estate Scoop

Typically, in Lakeview you are paying more for your proximity to Toronto than you are for the actual house – many homes are smaller (ie. a 2 bedroom bungalow more akin to a cottage than a full home), or require updating. That said, in comparison to some of the other South Mississauga pockets (Mineola, Port Credit, Lorne Park) , Lakeview is actually quite affordable.

Properties in Lakeview range from lower cost older condo apartments close to Lakeshore, newer condo townhouses dispersed throughout the neighbourhood, older detached bungalows and splits, to some of the higher end luxury homes closer to Lake Ontario.

Property Statistics in Lakeview

Detached Houses - Statistics

Q4 2024

$1,296,000

Average Price

89

New Listings

34

Properties Sold

37

Average Days on Market

98%

% of Asking Price

semi-detached - Statistics

Q4 2023

$1,057,000.00

Average Price

9

New Listings

3

Properties Sold

31

Average Days on Market

97%

% of Asking Price

townhome - Statistics

Q4 2024

N/A

Average Price

3

New Listings

2

Properties Sold

N/A

Average Days on Market

N/A

% of Asking Price

Condos - Statistics

Q4 2024

$683,000

Average Price

36

New Listings

13

Properties Sold

32

Average Days on Market

97%

% of Asking Price

All Properties - Statistics

Q4 2024

$1,107,630

Average Price

147

New Listings

59

Properties Sold

34

Average Days on Market

98%

% of Asking Price

Source: TRREB Statistics

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