1515 Lakeshore Road Unit 1103, Mississauga

Price: $629,999

4 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13049246

Experience exceptional lakeside living at the border of Mississauga and Toronto. This spacious suite offers 3 bedrooms plus a generous den with a window-ideal for a home office or guest space-and 2 full bathrooms. Enjoy breathtaking, unobstructed southeast views of Lake Ontario and the Toronto skyline from every bedroom and your private balcony, with beautiful sunrises filling the home with natural light each morning.The well-designed kitchen provides ample workspace and functionality for everyday living and entertaining. The expansive primary bedroom features a walk-through closet and a private 4-piece ensuite, creating a comfortable retreat. A full-size laundry room adds everyday convenience along with valuable additional storage. Thoughtful updates throughout, including a renovated primary ensuite bathroom and newly replaced bedroom windows, enhance both comfort and overall appeal. This residence includes two underground parking spaces, offering exceptional practicality. Residents enjoy beautifully maintained grounds, lush green spaces, and access to a variety of recreational amenities, fostering a relaxed and community-oriented lifestyle.Perfectly positioned for both nature and convenience, you are just steps from the lake, beaches, parks, and scenic waterfront trails. An unbeatable location, Long Branch GO Station, TTC, streetcar access, and the Mississauga Transit loop are all less than a 5 minute walk away. Close to Etobicoke Creek trails, Marie Curtis Park, Humber College, nearby golf courses, and with quick access to major highways and Toronto Pearson International Airport. Shopping, dining, and everyday essentials in Long Branch and Port Credit are within easy reach.A rare opportunity to enjoy peaceful waterfront living without sacrificing urban accessibility, perfect for downsizers or families seeking both comfort and convenience in a truly exceptional setting.

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$629,999 - 1515 Lakeshore Road Unit 1103, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday
4Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13049246
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
South East
Balcony
Open
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Description

Experience exceptional lakeside living at the border of Mississauga and Toronto. This spacious suite offers 3 bedrooms plus a generous den with a window-ideal for a home office or guest space-and 2 full bathrooms. Enjoy breathtaking, unobstructed southeast views of Lake Ontario and the Toronto skyline from every bedroom and your private balcony, with beautiful sunrises filling the home with natural light each morning.The well-designed kitchen provides ample workspace and functionality for everyday living and entertaining. The expansive primary bedroom features a walk-through closet and a private 4-piece ensuite, creating a comfortable retreat. A full-size laundry room adds everyday convenience along with valuable additional storage. Thoughtful updates throughout, including a renovated primary ensuite bathroom and newly replaced bedroom windows, enhance both comfort and overall appeal. This residence includes two underground parking spaces, offering exceptional practicality. Residents enjoy beautifully maintained grounds, lush green spaces, and access to a variety of recreational amenities, fostering a relaxed and community-oriented lifestyle.Perfectly positioned for both nature and convenience, you are just steps from the lake, beaches, parks, and scenic waterfront trails. An unbeatable location, Long Branch GO Station, TTC, streetcar access, and the Mississauga Transit loop are all less than a 5 minute walk away. Close to Etobicoke Creek trails, Marie Curtis Park, Humber College, nearby golf courses, and with quick access to major highways and Toronto Pearson International Airport. Shopping, dining, and everyday essentials in Long Branch and Port Credit are within easy reach.A rare opportunity to enjoy peaceful waterfront living without sacrificing urban accessibility, perfect for downsizers or families seeking both comfort and convenience in a truly exceptional setting.

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Estimated Payment

$3,232.22/mo

Includes CMHC insurance ($17,577)

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5-yr fixed avg.

Principal: $566,999Interest: $385,090
Mortgage Amount$584,576
Total Interest$385,090
Est. Property Tax$446/mo
Total Cost$969,666

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

1515 Lakeshore Road Unit 1103, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,320/mo
Range: $2,822 - $3,818
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,320
Maintenance Fees-$780
Property Tax (est.)-$446
Insurance (est.)-$131
Net Cash Flow+$1,963

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 $525/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

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 $2,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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