1162 Northmount Avenue, Mississauga, ON L5E 1X9
Calling all investors and first-time buyers! This fully tenanted three-unit property in Mississauga's sought-after Lakeview neighbourhood is a rare chance to own your home and have it pay you back. Live in one unit while the other two tenants help cover the mortgage, allowing you to enter the market for far less than the cost of renting. Prefer to invest? Current rents sit well below market, meaning there is big upside on cash flow and room for forced appreciation, including potential for an additional loft suite. House-hack it, hold it, or add value. It works for all three. It is minutes to Lakeshore Rd E, the Port Credit waterfront, the QEW and the transformative Lakeview Village waterfront community. Opportunities like this don't last.
Interior features
Carpet Free, In-Law Capability, Primary Bedroom - Main Floor
Basement
Finished, Separate Entrance
Bathrooms
1 × 4-piece, 2 × 3-piece, 1 × 2-piece
Fireplace
Yes
Family room
Yes
Kitchens
3
Rooms (above / below grade)
8 above, 4 below
Architectural style
Bungalow
Construction materials
Stucco (Plaster)
Foundation
Concrete Block
Roof
Asphalt Shingle
Direction faces
West
Garage type
None
Garage spaces
0
Total parking spaces
5
Driveway parking
5
Lot size
40 x 156 ft
Cross street
Northmount / Atwater
Directions
Northmount / Atwater
Neighbourhood
Lakeview
Heating
Radiant — Gas
Cooling
Window Unit(s)
Water
Sewer
Sewer
List price
$849,900
Original list price
Annual taxes
$6,473
Tax year
2026
Assessment year
2025
Legal description
PT LT 161 PL C-22 DES PT 1 PL 43R-32572; MISSISSAUGA
Inclusions
Exclusions
MLS #
W14025684
Status
Active
Transaction type
For Sale
Property type
Residential Freehold
Property sub type
Detached
Days on market
List date
Possession
Immediate
Occupancy
Tenant
Listing brokerage
Rock Star Real Estate Inc., Brokerage
$1,487,000
Median list price
40
Active listings
New in last 30 days
Median days on market
Estimated monthly payment
$4,074
Educational estimate only — actual payment depends on your lender, credit, and insurance requirements.
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