$729,900 - 1515 Lakeshore Road Unit 707, Mississauga
Condo for Sale in Mississauga
- MLS Number
- W12800210
- Property Type
- Condo
- Status
- active
- Days on Site
- 20
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- ~1,200 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- SAGE REAL ESTATE LIMITED
Beautifully updated 3 bedroom + den, 2 washroom condo with 1,315 sqft of thoughtfully renovated living space, neutral finishes, and practical upgrades throughout. A size and layout rarely seen in newer builds, they just don't build them like this anymore! Ideal for downsizers seeking a truly maintenance free lifestyle, or families looking for room to grow within a generous sized condo. The fully redesigned kitchen by Kuchen iQ showcases modern all white cabinetry, an extended layout for added counter space and storage, brand new stainless steel appliances, quartz counters, and porcelain tile flooring. Fresh paint, new engineered white oak flooring, updated baseboards and new doors. Electrical panel has been updated, all new receptacles, and newly integrated pot lights throughout. The large primary bedroom features a walk-in closet and a 3-piece ensuite with new shower glass and a granite countertop vanity. The 2nd & 3rd bedrooms are both well sized with double mirrored closets. The den can function as a home office, separate dining area, or be enclosed to create a cozy 4th bedroom The oversized covered balcony is a usable outdoor extension of the living space, perfect for relaxing and enjoying treeline views. This well managed and quiet building offers excellent amenities, convenient access to nearby parks and green space, and seamless commuting with close proximity to public transit, including TTC, MiWay, and Long Branch GO. Shopping, groceries, and everyday essentials along Lakeshore are all within easy reach, with quick connections into Toronto and major highways for added convenience. Enjoy truly all inclusive living, with monthly maintenance fees that cover all utilities, making this an exceptional turnkey opportunity in a sought after lakeside community.
Estimate your monthly payments for this property
Estimated Payment
$3,744.77/mo
Includes CMHC insurance ($20,364)
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.
1515 Lakeshore Road Unit 707, 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 25+ years of GTA real estate experience
Competitive Pricing
At $608/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.
Market Position
At 20 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 $3,041 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.