1578 Sherway Drive, Mississauga, ON

$1,429,900
MLS#:W13089138
3 beds
3 baths
1500-2000 sqft
5.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Lakeview. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,429,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 50 x 119.92 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Refined, elevated, and designed for exceptional living. This beautiful home welcomes you with a charming front porch, perfect for quiet mornings or relaxed evenings in a serene, family-friendly setting. Inside, three generously sized bedrooms on the second level provide comfort and privacy, ideal for a growing family. The main floor offers an elegant yet functional layout, thoughtfully designed for both everyday living and sophisticated entertaining. At the rear, a sun-drenched sunroom creates a seamless connection to the outdoors, offering a tranquil space to unwind while overlooking the backyard retreat. Abundant storage is integrated throughout the home, blending convenience with practicality. The finished basement provides a warm and inviting escape, perfect for cozy movie nights or refined relaxation. Step outside to your private backyard oasis, complete with a saltwater pool, where summer days are spent lounging poolside and evenings are made for hosting under the open sky. Ideally located close to top amenities, major highways, and just a short stroll to Sherway Gardens, this home offers a seamless blend of comfort, style, and lifestyle. A truly exceptional opportunity to call home. Stop searching, start living. Let's make this house your new home!

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 21, 2026
Sold price information is available to members only
Listed Date5/6/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size50 × 119.92 Feet
CountyPeel
Annual Tax$8,064.14
Legal DescriptionLT 36 PL 629 TORONTO ; S/T TT130596 MISSISSAUGA

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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1578 Sherway Drive, Mississauga, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1578 Sherway Drive, Mississauga, ON L4X 1C4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.

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Interest Rate5.25%
Down Payment$285,980 (20.0%)
* Minimum Canadian down payment required for this price is $285,980.
Amortization Period25 Years
Estimated Monthly Payment$6,817Based on a loan of $1,143,920 over 25 years.
Purchase Price$1,429,900
Loan Amount$1,143,920
Provincial Land Transfer Tax:$25,073
Total Estimated Closing Taxes:$25,073

About Purchasing a Home in Mississauga, ON

For a property listed at $1,429,900 in Mississauga, the legal minimum down payment is $285,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $25,073 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $25,073.

Nearby Listings

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No current listings found in Mississauga.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Lakeview, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,260,942

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

Queen of Heaven
Public1198 Alexandra Avenue, Lakeview, Mississauga, Ontario, L5E 2A5
8.2
St. James
CatholicSaint James Avenue, Lakeview, Mississauga, Ontario, L5E 1G4
8.4
St Dominic
Public515 Hartsdale Avenue, Mineola, Mississauga, Ontario, L5G 2G7
6.1
St Edmund
Public1250 Melton Drive, Dixie, Mississauga, Ontario, L4Y 1L5
9.2
ISNA Islamic
Public1525 Sherway Drive, Dixie, Mississauga, Ontario, L4X 1B5
9.2

Secondary Schools

St. Paul
Catholic815 Atwater Avenue, Lakeview, Mississauga, Ontario, L5E 1L8
7.7
Port Credit SS
PublicPort Credit, Mississauga, Ontario
7.2
Applewood Heights SS
PublicApplewood, Mississauga, Ontario, L4Y 2K1
5.4

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.