Rare opportunity in the heart of Lakeview, set on a premium lot in one of South Mississauga's most rapidly evolving communities. This well-maintained and thoughtfully upgraded bungalow has been well cared for over the years and offers a functional, open-concept layout ideal formodern living and entertaining. Freshly painted throughout, the home features an updated kitchen with granite countertops, stainless steel appliances, gas stove, built-in oven and microwave, custom cabinetry, and bar fridge, along with renovated bathrooms including a glass-enclosed shower. The finished basement offers additional living space complete with a bararea, creating a versatile setting for hosting and everyday use. The true highlight is theexpansive backyard retreat featuring a large in-ground pool, hot tub, and cabana-style entertaining space, offering privacy and a resort-like feel rarely found in the area at this price point. Beyond the home itself, the value lies in the land and the flexibility it provides. Surrounded by a mix of established homes and newly built custom residences, this property presents a rare chance to secure a large parcel in a neighbourhood undergoing significant transformation, just minutes to the Lake Ontario waterfront, Port Credit, and theToronto border. Zoned RM1, the property may offer potential for a variety of residential uses including exploring the possibility of a custom home build or severance for two semi-detached dwellings, subject to approvals and buyer due diligence. Located close to top-rated schools, parks, trails, shopping, and major highways, this is a rare offering that combines lifestyle, location, and long-term upside. Whether you are an end-user looking to move in and enjoy, or a builder seeking your next project in a high-demand pocket, 951 Atwater Avenue represents a compelling opportunity in one of Mississauga's most desirable and transitioning communities.