940 First Street, Mississauga, ON L5E 1A8
Lakeview, Mississauga · Near Cawthra and Lakeshore Rd E · View map
About this home
Welcome to an exciting opportunity in Mississauga's highly sought-after Lakeview community! Nestled in an established neighbourhood experiencing an impressive transformation, 940 First Street offers exceptional versatility for homeowners, renovators and those envisioning a future custom-built residence. Move in and enjoy the home as it stands, thoughtfully enhance its existing interior and exterior features, or explore the potential to create your dream home, following the lead of the many custom residences redefining the surrounding streetscape. The existing home offers 3-bedrooms upstairs plus an existing den or bedroom on the main level, 2-bathrooms, a functional layout and several updates, providing a comfortable starting point with plenty of room to make it your own. Beyond the property itself, the location is a true highlight! Enjoy close proximity to the shores of Lake Ontario, waterfront parks, scenic walking and cycling trails, and the exciting Lakeview Village redevelopment, bringing a new vision for waterfront living to the community. Everyday conveniences are within easy reach, including the nearby Walmart, local shops, restaurants, schools and community amenities. Commuters will appreciate convenient access to the QEW, nearby Long Branch and Port Credit GO Stations, and major routes connecting to downtown Toronto and across the GTA. Whether you're looking to settle into a vibrant lakeside neighbourhood, invest in future improvements or explore the possibilities of a custom build, this property offers an exciting opportunity in one of Mississauga's evolving communities. Don't sleep on this value - book your showing today!
The home
- Type
- Detached home
- Style
- 1 1/2 Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 7
- Basement
- Full, Unfinished
- Lot size
- 41 x 88 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Radiant
- Fireplace
- No
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
- Parking features
- Private
Taxes & other
- Property taxes
- $5,728/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Immediate/TBA
- Cross street
- Cawthra and Lakeshore Rd E
- Neighbourhood
- Lakeview
More
- Price per sq ft
- ~$446 (at 1,750 sq ft)
- MLS® number
- W14142098
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The home and its surroundings
- Carpet Free
- Rough-In Bath
- Public Transit
- Lake/Pond
- Park
- School
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
940 First Street, Mississauga, ON L5E 1A8
Lakeview, Mississauga · Near Cawthra and Lakeshore Rd E
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Listing history for 940 First Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 940 First Street
Answers come straight from this home’s MLS® listing.
How much is 940 First Street listed for, and what would it cost each month?
940 First Street is listed for $779,900. With 20% down ($155,980), the mortgage payment would be roughly $3,146 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,623 a month, all in. That figure is an illustration, not a quote.
Is 940 First Street freehold or a condo, and is there a monthly fee?
940 First Street is a detached home in Lakeview, Mississauga. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 940 First Street have?
940 First Street has 3 bedrooms and 2 bathrooms. The listing gives the style as 1 1/2 storey.
Does 940 First Street have a garage and parking?
The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
Does 940 First Street have a finished basement?
The listing describes the basement as full, unfinished.
What style of home is 940 First Street?
940 First Street is a detached home. A detached home stands on its own lot with no shared walls.
How big is 940 First Street, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 41 x 88 ft.
How is 940 First Street heated and cooled?
Heating is radiant (gas). The listing does not show air conditioning.
What are the property taxes for 940 First Street?
Property taxes are $5,728 a year (2025), or about $477 a month.
Where is 940 First Street?
940 First Street is in the Lakeview community of Mississauga. The nearest main intersection is Cawthra and Lakeshore Rd E. The postal code is L5E 1A8.
Is 940 First Street still for sale?
Yes. It is an active listing (MLS® W14142098). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 940 First Street asking?
Similar properties for sale nearby right now include 1290 Strathy Avenue at $760,000 (3 bed), 989 Pelham Avenue at $850,000 (3 bed) and 1296 Woodhill Court at $879,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 940 First Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 940 First Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Lakeview, picked by style, size and price.
Detached home$760,0001290 Strathy Avenue, Mississauga3 bed · 1 bath · LakeviewCourtesy of: RIGHT AT HOME REALTYView home →
Detached home$850,000989 Pelham Avenue, Mississauga3 bed · 2 bath · LakeviewCourtesy of: ROYAL LEPAGE REAL ESTATE ASSOCIATESView home →
Detached home$879,0001296 Woodhill Court, Mississauga3 bed · 3 bath · LakeviewCourtesy of: ROYAL LEPAGE REALTY CENTREView home →Courtesy of: VENTURE REAL ESTATE CORP.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.