1062 Alexandra Avenue
Location
Lakeview, Peel, Mississauga, ON
Approximate Living Size
4500 Square Feet
Bedrooms
4 + 2
Bathrooms
5
For Sale
$2,488,000
About The Property
1062 Alexandra Avenue
Lakeview, Peel, Mississauga, ON
Under Construction : CUSTOM BRAND NEW BUILD - LEGAL TWO UNIT HOME WITH HIGH END FINISHES THROUGHOUT - 7 YEAR TARION HOME WARRANTY
Lot Size : 32ft × 144ft
Unit 1 (Main) - 4 + 1 Bed 4 Bath : 3100 SqF Approximately
Rental Income : $6000 Plus Utilities
Unit 2 (Lower)* - 2 Bed 1 Bath : 1400 SqF Approximately
Potential Rental Income : : $3000 Plus Utilities
POTENTIAL TOTAL INCOME $9,000/m or $108,000/year
Asking Price : $2,488,000
Property Tax (2025): TBD
CO-OP COMMISSION 2.5%
Ready-to-Customize Your Luxury Home in Mississauga's Lakeview Village
This is a rare opportunity to build a luxury custom home at 1062 Alexandra Avenue in the highly sought-after Lakeview community. All permits and minor variance have been approved, allowing for a 3,100 sq ft home with a legal basement apartment. The plans include four bedrooms above grade, a 1,400 sq ft basement suite with two bedrooms, a private primary bedroom balcony, and a one-car garage. Located in a prime area, this property is minutes from the lake, parks, top schools, and has quick access to the QEW. This is an ideal chance for an or end-user to create a dream home in one of Mississauga's most desirable neighbourhoods.
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This area, with a population of 51,952 and 20,973 households, is ideal for individuals or families seeking a vibrant community with a strong job market and a diverse, educated population. Its higher-than-average income and significant recent immigration suggest a dynamic and growing environment perfect for those looking to purchase or lease.
• Median Household Maintainer Age: 55
• Housing & Homeownership: 65.9% of households are owned. While 55.7% of housing consists of houses (18% lower than the provincial average), there is a significant presence of apartments at 44.2% (40% higher than the provincial average).
• Income & Education: The average household income is $156,824, which is 18% higher than the provincial average. The area boasts a highly educated populace, with 37.1% holding a University Degree (16% higher than the provincial average).
• Employment & Commute: The labour force participation rate is 63.4% (1% higher than the provincial average). While car as driver is the primary commute method at 31.78% (4% lower than the provincial average).
• Diversity: The immigrant population constitutes 38.5% (19% higher than the provincial average), with recent immigrants (2022 to present) being 43% higher than the provincial average. Top non-official languages spoken at home include Polish (4.35%, 517% higher than the provincial average) and Portuguese (3.51%, 198% higher than the provincial average).
3km Radius