$619,000 - 1535 Lakeshore Road Unit 205, Mississauga
Condo for Sale in Mississauga
61 days on market- MLS Number
- W13005172
- Property Type
- Condo
- Status
- active
- Days on Site
- 61
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE RCR REALTY
Welcome to this newly renovated, spacious and thoughtfully designed 3 bedroom, 2 bathroom condo located in the highly sought after Lakeview Community steps from Lake Ontario! Freshly painted and featuring new wide-plank, sound-proofed laminate flooring, new trim and upgraded light fixtures throughout. This inviting "like new" home also boasts a stylishly updated kitchen featuring new cabinetry, new stainless steel fridge, and stove, pantry and new contemporary backsplash. The primary bedroom offers a private 4-Pc ensuite and a generous double walk-in closet for exceptional convenience. Two additional bedrooms provide additional space for family, guests, or a home office. The stylish main bathroom is conveniently located and features a walk-in shower. Enjoy a walk-out from the bright open-concept living and formal dining area to the building's largest balcony, over 28 feet, ideal for summer dining or morning coffee. Move-in ready, this gem is yours to enjoy and call home! Surrounded by lush green space and golf courses, this inviting suite boasts meticulously kept condominium grounds with extensive gardens, BBQ areas and tennis courts! Simply cross the street to Toronto's stunning Marie Curtis Park, directly connected to the Waterfront Trail with lake access, playground, wading pool, swimming beach, off-leash dog area, and picnic spots, all only moments from your front door. Location PLUS! Steps to TTC and GO transit, easy highway access, a quick commute to downtown and minutes to Pearson Airport! All-Inclusive living with maintenance fees covering heat, hydro, water, central air, cable, internet, parking, common elements, and a variety of amazing amenities! Some images have been virtually staged. Enjoy the very best of Mississauga Lakeside Living!
Estimate your monthly payments for this property
Estimated Payment
$3,175.79/mo
Includes CMHC insurance ($17,270)
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.
1535 Lakeshore Road Unit 205, Mississauga
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Competitive Pricing
At $619/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.
Negotiation Opportunity
At 61 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $2,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.