1575 Lakeshore Road Unit 108, Mississauga

Price: $1,149,900

3 bedrooms, 2 bathrooms

1,400 sq ft

Property Type: Condo

MLS#: W12799794

Luxury condo living in the heart of Clarkson Village, this suite includes over 1500 sq ft of living space. Highly coveted corner unit with wall to wall floor to ceiling windows and over 300 sq ft of wrap around balcony overlooking beautiful wooded parklands and scenic walking trails. Tons of upgrades including Engineered HDWD floors throughout, a large kitchen island with upgraded waterfall quartz countertops, upgraded appliances included GE cafe fridge with B/I Keurig, Wolf induction cooktop, GE cafe stove and top of the line kitchenaid dishwasher. The primary bedroom boasts a large walk-in closet with custom closet organizers, w/o to balcony, 3 piece ensuite washroom with luxury upgraded rain shower and handheld sprayer, The 2nd bedroom has a private second balcony with sliding door walkout, and laundry room with upgraded washer/dryer and added upper cabinets for extra storage needs. Nearby shops and restaurants give the feeling of small town living in a big city. Nearby amenities include Clarkson Go station and other public transit, highways, restaurants, shops and parks. **EXTRAS** 2 parking spots right next to entrance, 1 locker. Building amenities include gym, yoga room, party room, games room, library, craft room, pet spa, and garden rooftop with BBQ's.

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$1,149,900 - 1575 Lakeshore Road Unit 108, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday
3Beds
2Baths
~1,400Sq Ft
Condo
Property Details
MLS Number
W12799794
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
~1,400 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
REAL ESTATE HOMEWARD
Description

Luxury condo living in the heart of Clarkson Village, this suite includes over 1500 sq ft of living space. Highly coveted corner unit with wall to wall floor to ceiling windows and over 300 sq ft of wrap around balcony overlooking beautiful wooded parklands and scenic walking trails. Tons of upgrades including Engineered HDWD floors throughout, a large kitchen island with upgraded waterfall quartz countertops, upgraded appliances included GE cafe fridge with B/I Keurig, Wolf induction cooktop, GE cafe stove and top of the line kitchenaid dishwasher. The primary bedroom boasts a large walk-in closet with custom closet organizers, w/o to balcony, 3 piece ensuite washroom with luxury upgraded rain shower and handheld sprayer, The 2nd bedroom has a private second balcony with sliding door walkout, and laundry room with upgraded washer/dryer and added upper cabinets for extra storage needs. Nearby shops and restaurants give the feeling of small town living in a big city. Nearby amenities include Clarkson Go station and other public transit, highways, restaurants, shops and parks. **EXTRAS** 2 parking spots right next to entrance, 1 locker. Building amenities include gym, yoga room, party room, games room, library, craft room, pet spa, and garden rooftop with BBQ's.

Mortgage Calculator

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Estimated Payment

$5,086.40/mo

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5-yr fixed avg.

Principal: $919,920Interest: $605,999
Mortgage Amount$919,920
Total Interest$605,999
Est. Property Tax$815/mo
Total Cost$1,525,919

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

1575 Lakeshore Road Unit 108, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$815
Insurance (est.)-$240
Net Cash Flow+$1,115

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $821/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

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 $4,791 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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