L5E 1R3 Real Estate

Welcome to L5E 1R3, a vibrant and inviting neighborhood nestled in the heart of Mississauga, Ontario. Known for its perfect blend of suburban charm and urban convenience, this zip code offers residents an exceptional quality of life, making it one of the most sought-after areas in the Greater Toronto Area.

L5E 1R3 is characterized by its beautiful tree-lined streets, well-maintained parks, and a diverse community that welcomes newcomers with open arms. The area is home to a variety of housing options, from cozy single-family homes to modern condominiums, catering to families, young professionals, and retirees alike. The sense of community here is palpable, with friendly neighbors and local events that foster connections among residents.

For those who enjoy the outdoors, L5E 1R3 boasts several parks and recreational facilities, including the scenic Lakefront Promenade Park, where you can stroll along the waterfront, enjoy a picnic, or take part in various water activities. The neighborhood also offers easy access to shopping, dining, and entertainment, with the bustling Port Credit area just a stone's throw away, featuring trendy boutiques, gourmet restaurants, and charming cafes.

Transportation is a breeze in L5E 1R3, with convenient access to major highways and public transit options, making it easy to commute to downtown Toronto or explore the surrounding regions. With its rich cultural tapestry, excellent schools, and a strong sense of community, L5E 1R3 is not just a place to live—it's a place to thrive. Come discover the charm of this delightful Mississauga neighborhood today!

Newest Listings in L5E 1R3

$1,749,000

3 Beds ⋅ 2 Baths ⋅ W13593022 MLS® #

Approved Severance | Prime Lakeview Development Opportunity Attention builders and strategic investors: this is a fully approved severanceopportunity in one of Mississauga's most desirable lakefront growth corridors. The property has been severed into two 35 x 146 ft lots, eachcapable of supporting approximately 3,500 sq. ft. above-grade luxury detached homes. Why This Investment Makes Sense: Lakeview continuesto experience strong luxury home absorption. Demand for new custom builds near the waterfront remains robust. Premium resale values fornewly built 3,000-4,000 sq. ft. homes in the area. Approved severance significantly reduces entitlement risk and holding uncertainty. Flexible exitstrategies: build & sell, build & hold, or joint venture .Projected builds can feature open-concept layouts, high ceilings, oversized windows, chefinspired kitchens, luxury primary suites, and upscale finishes tailored to today's end-user expectations. Strategically located minutes from:Waterfront parks & marina; Port Credit amenities; QEW access (15-20 mins to downtown Toronto);Established schools & golf courses. Withseverance completed, much of the planning timeline risk has already been mitigated - allowing investors to focus on design optimization, costcontrol, and margin maximization. This is a high-demand micro-location with proven redevelopment momentum.

897 Eighth Street, Mississauga

Listing courtesy of CITYSCAPE REAL ESTATE LTD..

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