$650,000 - 1575 Lakeshore Road Unit GR45, Mississauga
Condo for Sale in Mississauga
53 days on market- MLS Number
- W12862122
- Property Type
- Condo
- Status
- active
- Days on Site
- 53
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- North East
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
Welcome to The Craftsman in Clarkson Village, a boutique mid-rise inspired by West Coast architecture and surrounded by landscaped courtyard gardens. This bright Larkin Model offers a rare 1 bedroom plus fully enclosed den that functions as a true 2nd bedroom, along with a stunning 359sqft terrace overlooking landscaped courtyard gardens. Inside, the open concept living space features high ceilings, engineered hardwood floors, and a modern kitchen with quartz countertops, stainless steel appliances, pot lights, and a custom island with waterfall countertop perfect for everyday living and entertaining. The spacious terrace extends your living outdoors, surrounded by greenery and overlooking the courtyard. The primary bedroom includes a custom California Closets walk-in, while the enclosed den features a built-in shelving and queen size Murphy bed, ideal for guests, a home office, or flexible living. Residents enjoy 24-hour concierge service, fitness and yoga studios, party and meeting rooms, guest suite, rooftop terrace with BBQs, bike storage, and a pet washing station. Located within the highly sought-after Lorne Park school district, steps to lakefront parks and trails, with local dining, cafés, and everyday amenities within walking distance. Easy access to the GO Train makes commuting to downtown Toronto effortless. A perfect blend of convenience, outdoor living, and boutique condo lifestyle in one of South Mississauga's most sought-after buildings and neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$3,334.84/mo
Includes CMHC insurance ($18,135)
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 GR45, 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 $929/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 53 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 $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.