$867,400 - 1381 Lakeshore Road Unit 655, Mississauga
Condo for Sale in Mississauga
137 days on market- MLS Number
- W12273884
- Property Type
- Condo
- Status
- active
- Days on Site
- 137
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Mississauga
- Locker
- Ensuite
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
Welcome to Exhale Residences, where lakeside serenity meets boutique luxury in the heart of Mississaugas waterfront. This thoughtfully crafted 1 Bedroom + Den, 1 Bathroom suite offers 692 sq.ft. of elegant living space with southeast exposure on an upper floor, featuring breathtaking, unobstructed panoramic views of Lake Ontario. Designed for both style and functionality, this open-concept layout is filled with natural light, floor-to-ceiling windows, and 9ft smooth ceilings. The versatile den is ideal for a home office, nursery, or guest space. A gourmet-inspired kitchen anchors the suite with quartz countertops, sleek cabinetry, designer backsplash, and a full-size integrated appliance package for effortless everyday living. Built by award-winning Brixen Developments, this boutique 11-storey mid-rise community delivers modern architecture, refined finishes, and a lifestyle of ease and connection. Residents enjoy rooftop terrace BBQs, a state-of-the-art gym, open-air fitness zone, yoga studio, elegant party room, private dining area, childrens playroom, and landscaped greenspace perfect for morning coffee or dog walks. The double-height lobby offers a warm, contemporary welcome. Ideally located across from Lakeshore Park and steps to Marie Curtis Park, the Waterfront Trail, and only minutes to Lakeview Golf Course and the prestigious Toronto Golf Club making it a haven for nature lovers and golf enthusiasts alike. Steps to Long Branch GO, QEW, Sherway Gardens, Port Credit, and future Lakeshore BRT/LRT transit. Whether you're a first-time buyer, downsizer, investor, or professional, this residence offers the perfect blend of comfort, access, and natural beauty.**Larger suites also available to choose from limited 2 Bedroom + Den and 3 Bedroom layouts with lake, park, or golf course views.
Estimate your monthly payments for this property
Estimated Payment
$4,450.21/mo
Includes CMHC insurance ($24,200)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Mississauga
Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mississauga
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1381 Lakeshore Road Unit 655, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1446/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 137 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,614 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.