1485 Lakeshore Road Unit 111, Mississauga

Price: $435,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13420082

Coveted and rarely offered ground-floor suite at Lakewood on the Park! This beautifully updated 1-bedroom residence offers the convenience of first-floor living with a unique house-like feel, surrounded by mature trees, manicured gardens, and lush green space. Oversized picture windows frame tranquil nature views, where wildlife sightings are part of daily life, creating exceptional privacy and serenity rarely found in condo living. Features include modern, updated flooring throughout, fresh paint, high ceilings, bright open-concept living and dining areas, a stylish kitchen with abundant storage, an oversized laundry/storage room, and a spacious primary bedroom with a large picture window and built-in wardrobe. Residents enjoy exceptional amenities including pickleball/tennis courts, a fitness centre, a rooftop patio with lake views, visitor parking, and beautifully landscaped grounds. Ideally located near waterfront trails, parks, shopping, transit, and major highways including the QEW, Gardiner, and 427, offering easy access to Toronto and the GTA. A rare opportunity to enjoy the convenience of condo living with the comfort and natural surroundings of a detached home.

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$435,000 - 1485 Lakeshore Road Unit 111, Mississauga

Condo for Sale in Mississauga

Popular Listing
1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W13420082
Property Type
Condo
Status
active
Days on Site
9
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Mississauga
Locker
Exclusive
Exposure
West
Balcony
None
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Description

Coveted and rarely offered ground-floor suite at Lakewood on the Park! This beautifully updated 1-bedroom residence offers the convenience of first-floor living with a unique house-like feel, surrounded by mature trees, manicured gardens, and lush green space. Oversized picture windows frame tranquil nature views, where wildlife sightings are part of daily life, creating exceptional privacy and serenity rarely found in condo living. Features include modern, updated flooring throughout, fresh paint, high ceilings, bright open-concept living and dining areas, a stylish kitchen with abundant storage, an oversized laundry/storage room, and a spacious primary bedroom with a large picture window and built-in wardrobe. Residents enjoy exceptional amenities including pickleball/tennis courts, a fitness centre, a rooftop patio with lake views, visitor parking, and beautifully landscaped grounds. Ideally located near waterfront trails, parks, shopping, transit, and major highways including the QEW, Gardiner, and 427, offering easy access to Toronto and the GTA. A rare opportunity to enjoy the convenience of condo living with the comfort and natural surroundings of a detached home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,231.78/mo

Includes CMHC insurance ($12,137)

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5-yr fixed avg.

Principal: $391,500Interest: $265,896
Mortgage Amount$403,637
Total Interest$265,896
Est. Property Tax$308/mo
Total Cost$669,533

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.

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Neighbourhood Guide: Mississauga

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

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

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.

70
Walk Score
Varies
Price Range

1485 Lakeshore Road Unit 111, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$308
Insurance (est.)-$91
Net Cash Flow+$1,011

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $725/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1485 Lakeshore Road Unit 111, Mississauga | $435,000 | Battaglia Team