For Sale · Mississauga · Development potential
951 Atwater Avenue, Mississauga, ON L5E 1M4
$899,900
Property facts
Bedrooms
3
Bathrooms
2
Kitchens
1
Living area
700 to 1,100 sq ft
Lot dimensions
19.1 m x 44.5 m (62'-9" x 146'-0")
Parking
3
Basement
Finished
Heating
Forced Air
Cooling
Central Air
Association fee
Not listed
Annual taxes
$6,772 (2025)
Zoning
Not listed
About this property
Extra wide, premium lot that stands as a rare and remarkable opportunity in the heart of Lakeview. For the family looking for the ideal lot to built their dream home. Or, for the builder or investor with vision, this is where your next project begins. Spanning an impressive near 63 foot frontage this exceptional property is zoned RM1 and may support severance into two individual building lots, potentially accommodating two semi-detached or, subject to City approval, two fully detached custom residences. Development potential of this magnitude, at this price point, is increasingly rare in South Mississauga. Buyers are encouraged to conduct their own due diligence with respect to severance eligibility, zoning, and permit requirements. The setting only adds to the appeal. Lakeview is in the midst of a generational transformation, the landmark Lakeview Village master planned waterfront community is reshaping the Lakeview Waterfront, while custom luxury builds continue to redefine the neighbourhood block by block. To secure a lot of this calibre, at this price, in this moment, is to get ahead of a wave that is already in motion. The lifestyle that surrounds it is equally compelling. Steps to the Lake Ontario waterfront and minutes to the celebrated shops, restaurants, and energy of Port Credit Village, with seamless access to the QEW and the Toronto border. The existing bungalow is well-maintained and fully liveable, a comfortable holding position while your vision takes shape. Opportunities of this nature, in this neighbourhood, at this price point, do not last long.
Location
Development potential
What can you build here?
Lot dimensions: 19.1 m x 44.5 m (62'-9" x 146'-0")
A fourplex is as-of-right on nearly any detached lot in the GTA, and many go further, a sixplex in the right ward, a garden suite, or a two-lot severance. Whether the numbers work comes down to the zone, the overlays, and the parcel, which is exactly what a TESA development read tells you. Get one on this lot before it goes.
Listing courtesy of RE/MAX REALTY ENTERPRISES INC..
This information is provided by the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate by PropTx.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
Data updated Jul 13, 2026, 4:01 PM ET · Source: Toronto Regional Real Estate Board
