1575 Lakeshore Road Unit 111, Mississauga

Price: $969,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13050088

Love Where You Live! Located in the highly sought-after Craftsman Condos in vibrant Clarkson Village, this luxurious ground-floor suite offers over 1,200 sq ft of upgraded living space, complemented by an impressive 466 sqft private terrace overlooking serene Birchwood Park. Thoughtfully designed with timeless finishes, this home features engineered hardwood flooring, remote-control roller shades on all windows, and pot lights throughout. The entertainer's floor plan centres around a stunning open concept gourmet kitchen, complete with premium appliances, two-tone soft-close cabinetry, and a large island with breakfast bar, perfect for casual meals or gathering with friends and family. Your spacious living room features a custom built-in media centre with ample storage and a walk-out to your private terrace, perfect for enjoying your morning coffee or hosting al fresco dinners surrounded by greenery. A generous open-concept den offers exceptional flexibility, easily accommodating a full-sized dining area, home office, or reading nook. Designed with privacy in mind, the split-bedroom layout is ideal for comfortable living. The primary suite features a spa-inspired 5-piece ensuite with a soaker tub, separate shower, walk-through dressing hall featuring large his and hers closets with frameless mirrored doors, and direct access to the terrace. The second bedroom is equally inviting, complete with its own walk-in closet. Perfectly positioned within the building, this unit offers convenient access to the concierge, mailroom, your owned locker, and elevator to parking with EV charger. Enjoy an active, nature-filled lifestyle steps from Birchwood Park and minutes to the waterfront trails of Jack Darling Memorial Park and Rattray Marsh Conservation Area. Nestled in the heart of Clarkson Village, you're surrounded by charming local shops, cafes, and restaurants. Commuters will appreciate the easy access to Clarkson GO Station and major highways, making commuting a breeze.

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New Listing
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$969,000 - 1575 Lakeshore Road Unit 111, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday
3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13050088
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
North West
Balcony
Terrace
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Love Where You Live! Located in the highly sought-after Craftsman Condos in vibrant Clarkson Village, this luxurious ground-floor suite offers over 1,200 sq ft of upgraded living space, complemented by an impressive 466 sqft private terrace overlooking serene Birchwood Park. Thoughtfully designed with timeless finishes, this home features engineered hardwood flooring, remote-control roller shades on all windows, and pot lights throughout. The entertainer's floor plan centres around a stunning open concept gourmet kitchen, complete with premium appliances, two-tone soft-close cabinetry, and a large island with breakfast bar, perfect for casual meals or gathering with friends and family. Your spacious living room features a custom built-in media centre with ample storage and a walk-out to your private terrace, perfect for enjoying your morning coffee or hosting al fresco dinners surrounded by greenery. A generous open-concept den offers exceptional flexibility, easily accommodating a full-sized dining area, home office, or reading nook. Designed with privacy in mind, the split-bedroom layout is ideal for comfortable living. The primary suite features a spa-inspired 5-piece ensuite with a soaker tub, separate shower, walk-through dressing hall featuring large his and hers closets with frameless mirrored doors, and direct access to the terrace. The second bedroom is equally inviting, complete with its own walk-in closet. Perfectly positioned within the building, this unit offers convenient access to the concierge, mailroom, your owned locker, and elevator to parking with EV charger. Enjoy an active, nature-filled lifestyle steps from Birchwood Park and minutes to the waterfront trails of Jack Darling Memorial Park and Rattray Marsh Conservation Area. Nestled in the heart of Clarkson Village, you're surrounded by charming local shops, cafes, and restaurants. Commuters will appreciate the easy access to Clarkson GO Station and major highways, making commuting a breeze.

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Estimated Payment

$4,971.47/mo

Includes CMHC insurance ($27,035)

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5-yr fixed avg.

Principal: $872,100Interest: $592,307
Mortgage Amount$899,135
Total Interest$592,307
Est. Property Tax$686/mo
Total Cost$1,491,442

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 111, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$686
Insurance (est.)-$202
Net Cash Flow+$1,252

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

Fair Market Value

At $808/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 $4,038 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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