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New3 hours ago

851 Fourth Street

Lakeview, Mississauga

$950,000

Detached|Bungalow
2 | 2 | 2
About this home

Ideally situated in the heart of Lakeview, one of Mississauga's most vibrant and evolving lakeside communities. This 2-bedroom, 1.5-bathroom home is filled with recent upgrades and offers an incredible opportunity for first-time buyers, young families, downsizers, investors, or builders looking to establish themselves in a sought-after neighbourhood. The thoughtfully updated interior features an updated kitchen (2023), renovated bathrooms(2023), modern flooring and a bright, inviting layout that is move-in ready. The Living space extends to the finished lower level with rec room, dining area, power rm, spacious laundry, and ample storage. Outside, enjoy a generous landscaped yard and double-wide driveway offering plenty of parking and valuable outdoor space. Beyond the home, the location truly shines. Enjoy an exceptionally walkable lifestyle with parks, marina, top rated schools, the library, community centre, golf courses, walking trails and Lake Ontario all within easy reach. Convenient access to the QEW, major routes, Pearson International Airport and Mississauga's waterfront makes commuting and everyday travel effortless. With Lakeview continuing to evolve and grow, 851 Fourth Street presents an exciting opportunity to own in a lakeside community with both established charm and future potential. Whether you're looking for a place to call home, an investment, or a property to build your future vision, this is an opportunity worth exploring.

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nest zoom realty
(416) 276-9973
TypeDetached
StyleBungalow
Approx. Age51-99
Size< 700 sq. ft.
Property Tax$5,276
Lot Size25 ft x 129 ft
mls© NumberW13801900
Listed ByRE/MAX Aboutowne Realty Corp., Brokerage

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%
$4,863
Property tax
$440
Heat allowance
$150
Housing costs
$5,452 / mo

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

Down payment20% · $190,000
25-yr amortization

Income needed

$168,000

gross annual household income

Payment at 4%
$3,998 / mo
Cash down
$190,000

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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