$659,000 - 1575 Lakeshore Road Unit 354, Mississauga
Condo for Sale in Mississauga
70 days on market- MLS Number
- W12977916
- Property Type
- Condo
- Status
- active
- Days on Site
- 70
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- iCloud Realty Ltd.
Welcome to The Craftsman, where luxury & tranquility are combined to give you a refined living experience in the prestigious Clarkson Village that is surrounded by lush parklands, estate communities, and close proximity to the waterfront, and is backed by a first class management team & 24 hour concierge to cater to your every need. Now let's step into Unit 354 where you'll be greeted by a functional 728 square foot open concept layout that equally accommodates daily living & entertaining and contains engineered hardwood floors throughout. The sleek kitchen comes fully equipped with built-in stainless steel appliances, quartz counters, full backsplash, and an island with additional storage. The spacious primary bedroom features a California walk-in closet and more than enough space for all your bedroom furniture. Calling the plus one a den doesn't do it justice, as the flexibility of this space offers many options - it can easily be used as a 2nd bedroom with the existing murphy bed + built-in closet that also doubles as a full desk when closed upright, making for the perfect home office. Laundry is a breeze with the full-sized, front load washer & dryer. And when you need some fresh air, just step out onto your oversized west facing balcony that overlooks the picturesque and professionally manicured courtyard. Parking is next to the elevator and the locker is located on the unit's floor for maximum convenience. Roller blinds throughout. Premium building amenities include a gym & yoga studio, pet washing station, guest suites, party room, library, and gorgeous rooftop terrace with barbecues. Located in the Lorne Park school district. Close to the QEW and Clarkson GO Station. Option to come furnished.
Estimate your monthly payments for this property
Estimated Payment
$3,381.01/mo
Includes CMHC insurance ($18,386)
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.
1575 Lakeshore Road Unit 354, 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 30+ years of GTA real estate experience
Fair Market Value
At $941/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.
Negotiation Opportunity
At 70 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $2,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.