1072 Orchard Road, Mississauga, ON L5E 2N9

$1,198,000
5
BD
3
BA
1,100
SqFt

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List Price
$1,198,000
MLS#
W13517676
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
1 1/2 Storey
Bedrooms
5
Bathrooms
3
Living Area
1100-1500
Province
ON
Municipality
Mississauga
Area
Peel
Neighborhood
Lakeview
Subdivision
Orchard And Lakeshore

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.

Additional Information

Taxes
$6,995
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
2
Exterior
Aluminum Siding, Stone
Garage Spaces
1
Garage Type
Detached
Pool
None
Parking Spaces
4

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Calculator source: Real Geeks

Listing courtesy of Royal LePage Real Estate Associates.