510 RICHEY Crescent, Mississauga, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Lakeview. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,799,000 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 25 x 190 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Sump Pump, Water Heater Owned, Water Meter
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Exquisite waterfront property in Port Credit! Discover the ultimate in lakeside living with this rare waterfront gem, a stunning 2-storey, 3-bedroom home that sits directly on lake Ontario in one of the most sought-after areas. This meticulously modernized residence boasts professional finishes and high-end features throughout, with a view that is second to none. A chef's dream kitchen equipped with stainless steel appliances and a huge island, looking out over the lake, with a huge bay window. Retreat to a sere master suite with a private balcony overlooking the water, and expansive lake views. Enjoy the open layout with a walk-out basement providing easy access to a beautifully landscaped yard with artificial grass, perfect for a low maintenance space for relaxing lakeside. A windows-up tiki bar offers a space for outdoor entertaining, with additional storage for outdoor equipment, and lakeside gear. Spacious 1.5 garage/work place. Large insulated attic for storage. Situated on the Waterfront Trail, and surrounded by parks, get ready for non-stop cottage style living right in the city. 15 mins walk to the Port Credit strip, 5 min drive to the Port Credit Go Station or Long Branch, Sherway Gardens, walk to Port Credit Yacht Club, 20 mins drive to downtown Toronto. A newly constructed sea wall (2022) ensures both beauty and protection for your waterfront property.
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Sump Pump, Water Heater Owned, Water Meter
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 510 RICHEY Crescent, Mississauga, ON L5G 1N4
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Mississauga, ON
For a property listed at $2,799,000 in Mississauga, the legal minimum down payment is $559,800 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 $56,450 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 $56,450.
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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.
