Lakeview is Mississauga, Ontario’s easternmost neighbourhood, featuring lakeside property and an urban renewal project that is generating loads of interest in the area. If you want to make a long-term real estate investment and are looking for homes for sale in Ontario, Lakeview is the perfect place for you. Lakeview is the dictionary definition of an up-and-coming neighbourhood. With natural value owing to its position by Lake Ontario and its proximity to Toronto, you can bet that home values in Lakeview, Mississauga are sure to increase in the years to come.
More about Lakeview, Mississauga, ON
Lakeview, Mississauga is located (you guessed it) on the shore of Lake Ontario. It shares a border with Etobicoke to the east, Mineola to the west, and is only a twenty-minute drive from Toronto’s city centre as well as Mississauga’s city centre, making Lakeview a great place to call home for anyone commuting to either city’s downtown.
Lakeview, Mississauga is a quiet neighbourhood, and it’s easy to feel detached from the rest of the GTA living here. This is great if you’re looking for privacy and peace, especially if you’re used to living in a fast-paced urban neighbourhood. In contrast, Lakeview’s streets are largely untravelled except by locals, with little through-traffic except on Queen Elizabeth Way and Lakeshore Road E, the two main roads that service Lakeview, Mississauga.
Young families love Lakeview, Mississauga for its tranquil atmosphere and its great schools. Young professionals are taking notice of the new urban renewal project labelled the Lakeview Inspiration Project that promises a whole new area of the neighbourhood featuring public parks, amenities, and condos aplenty. Once this project reaches completion, eastern Lakeview should be a much busier place than it is today, but the overall sleepy nature of Lakeview will most likely continue to be a much loved feature of the neighbourhood’s character.
Lakeview, Mississauga, ON Real Estate
As the Canadian real estate market cools down this spring, Lakeview home values are settling back down to their pre-pandemic levels. This was bound to happen eventually and should come as a breath of fresh air to first-time homebuyers struggling to find homes for sale in the Greater Toronto Area. Remember that in a market like Lakeview’s homebuyers should keep an eye on the next ten years of home appreciation, not the next ten months.
Lakeview’s prime location by Lake Ontario, coupled with its proximity to Toronto and Mississauga’s downtown cores, virtually ensures that home values in this neighbourhood will remain elevated and appreciate at a consistent base-rate regardless of short-term market shake ups.
So what are the homes for sale in Lakeview, Mississauga actually like? Well, for the most part, they’re one to two-storey bungalow style detached houses, with 3-4 bedrooms, made to serve growing families. You’ll find the oldest homes for sale in Lakeview in the southern half of the neighbourhood nearest the water, while newer homes are clustered in the northern half of Lakeview.
Over three-quarters of all properties in Lakeview, Mississauga are single-family detached homes, with condos making up 16% of housing. The average price for a single-family home for sale in Lakeview, Mississauga is $1.3 million, and that average will probably fall towards the $1.1 million mark and appreciate normally from there. Neither luxury nor affordable, Lakeview is that middle ground of well-positioned real estate that smart homebuyers will see as safe, long-term investments.
Lakeview, Mississauga, ON Schools
Lakeview Mississauga is known for having great schools, most of which are found in the western and northern parts of the neighbourhood. Lakeview Mississauga schools are governed by the Peel District School Board and can boast of higher than average scores when compared with the rest of the GTA. We’ve compiled a list of the top schools in the neighbourhood to help you prioritize just where you’d like to live in Lakeview.
St Edmund Separate School (Jk-8)
1250 Melton Dr, Mississauga ON, L4Y 1L5
Queen Of Heaven School (Jk-8)
1198 Alexandra Ave., Mississauga ON, L5E 2A5
Westacres Public School (Jk-6)
2165 Breezy Brae Dr, Mississauga ON, L4Y 1N3
St. James Catholic Global Learning Centre (Jk-8)
98 Wanita Road, Mississauga ON
St Paul Secondary School (9-12)
815 Atwater Ave, Mississauga ON, L5E 1L8
Cawthra Park Secondary School (9-12)
1305 Cawthra Rd, Mississauga ON, L5G 4L1
Lakeview, Mississauga, ON amenities
If your definition of an active lifestyle means staying well-exercised and enjoying the outdoors, Lakeview is the perfect neighbourhood for you. Lakeview has several large parks and green areas, including a large golf course owned by the Toronto golf club, a dense shaded forest called Cawthra Park, and the all important Lakefront Promenade Park. The Lakefront Promenade Park features a marina which, if you’re a boat owner, you’ll be using every week in the summer to take pleasure cruises out on Lake Ontario.
Shopping and Dining
The majority of stores and restaurants in Lakeview, Mississauga are located along Lakeshore Road East. There you can find a variety of eateries serving everything from Colombian food, Japanese delicacies, and several varieties of cheese. For more high-end shopping, take a quick drive to Mississauga’s city centre or head into Toronto.
FAQ about Lakeview, Mississauga, ON
Where is the nearest airport in Lakeview, Mississauga?
Toronto Pearson International Airport is about 17 km from Lakeview.
What is the postal code in Lakeview, Mississauga?
L5E is the postal code in Lakeview.
What is the average house price in Lakeview, Mississauga?
1.3 million dollars.
Where is the nearest hospital in Lakeview, Mississauga?
Trillium Health Partners is about 6.1 km or 9 minutes from the centre of Lakeview.