940 First Street
Lakeview, Mississauga
$799,999
Unbeatable opportunity in the prestigious Lakeview community! Surrounded by million-dollar homes, this updated 3-bedroom detached property sits on a large, irregular lot. Perfect for first-time buyers, downsizers, or savvy investors. The main floor features a fresh renovation with new flooring, a cozy fireplace, a new powder room, 6 new windows, and a modern kitchen with a built-in oven and cooktop. Upstairs boasts a renovated main bath and updated closets. Move in and enjoy today, renovate further, or hold as a prime future building lot. Endless possibilities await! Photos coming. (2025) Water Heater/Furnace Combo Unit, (2025) Wall AC, Flooring (2022), Kitchen (2023)
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,725 |
| Lot Size | 41.04 ft x 88.29 ft |
| mls© Number | W13864870 |
| Listed By | SUTTON GROUP QUANTUM REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,095
- Property tax
- $477
- Heat allowance
- $150
- Housing costs
- $4,722 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$145,000
gross annual household income
- Payment at 4%
- $3,367 / mo
- Cash down
- $160,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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