Brand-New 5-Bed Semi With Income Suite Near Lakeview

Property details for 954 Fourth Street, Mississauga

Type: Residential
Bedrooms: 5
Bathrooms: 5
Lot Size: 25.1 x 109.9 FT
Stories: 2
Basement: Finished, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A
Parking: Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Stone
Ownership: Freehold
Annual Taxes: $7,930

This brand-new 2-storey semi in Lakeview, constructed by Golden Coast Homes, packs about 2,840 sq ft of finished space across three levels, including a 610 sq ft self-contained basement apartment. It's got 5 bedrooms and 5 bathrooms total: 4 up, 1 in the ground-level suite. Main floor hits you with a 19-foot foyer, then opens into a great room with a fireplace wall and a kitchen dressed in quartz counters, a waterfall island, and KitchenAid stainless appliances. The floating stairs are a cool touch, and a skylight keeps the hallway bright. Upstairs, two bedrooms have private ensuites, and the other two share a Jack-and-Jill bath. There's also second-floor laundry, which is handy. The basement unit has its own entrance, full kitchen with quartz counter, a bedroom with ensuite, and separate laundry-it's wired with zoned HVAC so you can control temps independently. That's a solid rental income option in this market. Outside, the lot is 25.1 x 109.9 ft with a fenced yard and a 5-car driveway plus garage with EV charging. You're just steps from the waterfront off Lakeshore Road, and within walking distance to Port Credit GO, parks, and schools like Cawthra Park Secondary (0.8 km). Asking $1,589,999, which undercuts the area's median sold price of $2.75M. Taxes run about $5,200 annually. Brand-new, no wear and tear, and you might snag up to $130k in HST rebates if you qualify.

About 954 Fourth Street, Mississauga — Property Score

Great Location

Score: 66/100

Value

Priced 6.8% above area median of $1,489,000 based on 535 comparable properties nearby 60

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - typical for similarly priced homes 60

5 bathrooms - 1 more than similarly priced properties nearby 72

2,758 sqft lot - a compact lot for the area 55

Location

$86K median household income - above the Canadian average of $70K 73

80% of residents hold postsecondary credentials - a highly educated neighbourhood 88

89% homeownership rate - indicating a stable, owner-occupied community 92

42% of residents commute under 30 minutes - good commuting convenience 63

3,159/km² population density - a well-balanced suburban area 98

Market

Just listed - area average is 49 days on market 100

+0.1% median price change over 1 month - stable pricing in the area 51

35.9 months of housing supply - 1148 active listings with 32 sold last month (buyer's market) 40

Features

5-car garage - area average is 5.7 spots 95

Finished, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.33% effective tax rate ($5,200/yr) - very low tax burden 90

11% renter population - primarily owner-occupied area 44

Quality

Condition

Listing

50 photos provided - 25% more than the area average of 40 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.