For SaleDetached · BungalowMLS® #W13782948 · TRREB MLS®
7178 Lancaster Ave, Mississauga, Ontario
Malton, Mississauga, Ontario L4T 2L2
- Bedrooms
- 3+1
- Lot Size
- 40 x 100 ft
- Bathrooms
- 2
- Type
- Detached
- Basement
- None
$899,999
Estimated market value
About 7178 Lancaster Ave
7178 Lancaster Ave is a 3+1-bedroom, 2-bathroom detached house in Malton, Mississauga, listed for sale at an asking price of $899,999 (MLS® W13782948).
Rare opportunity to own a premium 40 x 100 ft ravine lot backing onto Victory Park! Ideal for builders, investors, renovators, or first-time buyers looking for future growth potential. This 3-bedroom detached home features a renovated open kitchen, large dining area, fresh paint, and an unbeatable location near all amenities, transit, highways, schools, and Gurdwara. Excellent investment with strong upside potential in a sought-after area. Don't miss this exceptional opportunity! FOR FIRST BUYER - RENOVATION IS ON THE WAY TO HAVE SWEET HOME SPOT WITH INCOME POTENTIAL- DON'T MISS CHANCE TO OWN HOME WITH PARK AT YOUR HOME'S BACKYARD.
Insights
Condition Score
Good1 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$1,159/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 6 detached homes with 4 bedrooms for lease in Malton right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $4,232 / 2026
- MLS® number
- W13782948
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 40 x 100 ft
- Listed on
- Parking
- 1 Detached, 4 Parking
Listing history
Buy/sell history for 7178 Lancaster Ave, Mississauga, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $899,999 | N/A | For Sale | W13782948 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.
Property details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- Malton
- Municipality
- Mississauga
Building
- Size
- 1100-1500 sqft
- Construction
- Alum Siding
Inside
- Bedrooms
- 3+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc Main, 1 × 2pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Detached
- Garage
- 1
- Additional Parking
- 3
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 40 ft
- Depth
- 100 ft
- Lot Size
- 40 x 100 ft
Additional
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- Fridge, Stove, Washer, Dryer And All Elf's, All Window Coverings, Water Heating Tank, Furnace
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.06 × 4.76 m | Vinyl Floor | Main |
| Kitchen | 3.14 × 4.23 m | Vinyl Floor | Main |
| Dining | 3.03 × 3.03 m | Vinyl Floor | Main |
| Primary | 2.75 × 4.85 m | Vinyl Floor | Main |
| 2nd Br | 3.0 × 3.62 m | Vinyl Floor | Main |
| 3rd Br | 2.46 × 2.98 m | Vinyl Floor | Main |
| Laundry | 2.0 × 2.64 m | Vinyl Floor | Main |
Map and tour
Detached homes for sale in Malton right now
- For sale now
- 30
- Median asking price
- $895K
- New in 7 days
- 1
- Price cuts
- 20%
Middle half: $800K to $972K
10 in 28 days
6 listings
This home is asking 1% above the median.
See all homes in MaltonAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Land transfer tax on this home
- Ontario land transfer tax
- $14,475
- Total land transfer tax
- $14,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $10,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $899,999
- $10,000
- Ontario total
- $14,475
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Ridgewood Public SchoolPeel DSB | Public · grades JK–6 · French Immersion | 600 m | 64%Grade 3 average |
| Lancaster Public SchoolPeel DSB | Public · grades JK–6 | 850 m | 55%Grade 3 average |
| St Raphael SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 1.2 km | 68%Grade 6 average |
| École élémentaire Félix-LeclercConseil scolaire Viamonde | French-language public · grades JK–6 | 7 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Lincoln M. Alexander Secondary SchoolPeel DSB | Public · grades 9–12 · French Immersion | 1.6 km | 37%Grade 9 math |
| Ascension of Our Lord Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 1.6 km | 40%Grade 9 math |
| Father Henry Carr Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 5.1 km | 51%Grade 9 math |
| West Humber Collegiate InstituteToronto DSB | Public · grades 9–12 | 5.1 km | 42%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Morning Star / Bovaird | Brampton Transit bus rapid transit: Züm Bovaird | 550 m |
| Malton GO | GO Transit train: Kitchener | 750 m |
| Airport Road / Steeles | Brampton Transit bus rapid transit: Züm Bovaird, Züm Steeles | 2.5 km |
| Darcel / Steeles | Brampton Transit bus rapid transit: Züm Steeles | 2.7 km |
| Humber College Station | TTC light rail: Line 6 Finch WestBrampton Transit bus rapid transit: Züm Steeles | 4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; Brampton Transit schedule data (GTFS) from the City of Brampton under the Creative Commons Attribution 4.0 licence (CC BY 4.0), downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Brampton Transit data © City of Brampton; Valery selected the Züm stations from it and grouped their stops.
Lot
- Lot area
- 4,000 sq ft372 m²
- Street frontage
- 40 ft12.2 m
- Depth
- 100 ft30.5 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $180,000
- Total mortgage amount
- $719,999
- Total interest payment
- $511,801
- Total purchase cost
- $1,411,800
- Mortgage payment
- $4,106/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
43%Monthly carrying cost
$4,459- Rent $3,300
- Shortfall $1,159
Rental income opens at $3,300, the median asking rent of 6 comparable homes for lease in Malton. Type over it with the rent you expect. This is a planning tool, not advice.
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