885 Lakeshore Road, Mississauga, ON

$689,000
MLS#:W12225422
1 beds
2 baths
900-999 sqft
2.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Other"] condo apartment located in the coveted neighborhood of Lakeview. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $689,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 2 Bathrooms
  • Generous living space spanning 900-999 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Other
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to a rarely offered ground level corner unit in a boutique low-rise building in the heart of Lakeview! This bright and airy loft like space is zoned for mixed use - commercial and residential. Versatile and convenient, equipped with two separate entrances making it perfect for those looking for a work live environment. Lakeshore Road retail exposure in a high traffic area, perfect for business or residential use due to easy access to local amenities, parks, lake and excellent restaurants. Features 10.5ft ceilings, spacious open concept layout and loads of natural light with a dedicated storefront area. Storefront can easily be used as additional living space or converted to a second bedroom. The possibilities are endless! Walkout to private patio and includes 2 parking spaces. Walking distance to Lakefront Promenade Park and minutes to Port Credit. Enjoy the scenic views of Lake Ontario. Don't miss out on this opportunity to make this wonderful property your new home!

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Key Features

Bedrooms
1
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 7, 2025
Sold price information is available to members only
Listed Date6/17/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick
CountyPeel
Annual Tax$3,639.21

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Marina, Park, Public Transit, Rec./Commun.Centre

Community Features

Location

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885 Lakeshore Road, Mississauga, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Lakeview, Mississauga.

Verified Local Data
Population6,202,225
Median Age40.1 Yrs
Ownership72% Owners
Avg Area List Price$1,150,614

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

Queen of Heaven
Public1198 Alexandra Avenue, Lakeview, Mississauga, Ontario, L5E 2A5
8.2
St. James
CatholicSaint James Avenue, Lakeview, Mississauga, Ontario, L5E 1G4
8.4
St Dominic
Public515 Hartsdale Avenue, Mineola, Mississauga, Ontario, L5G 2G7
6.1
St Edmund
Public1250 Melton Drive, Dixie, Mississauga, Ontario, L4Y 1L5
9.2
Micheline-Saint-Cyr
Public85 Forty First Street, Etobicoke, Toronto, Ontario, M8W 3P1
7.5

Secondary Schools

St. Paul
Catholic815 Atwater Avenue, Lakeview, Mississauga, Ontario, L5E 1L8
7.7
Port Credit SS
PublicPort Credit, Mississauga, Ontario
7.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 885 Lakeshore Road E 1, Mississauga, ON L5E 1E2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$551,200
Monthly Mortgage$3,203
Property Tax (Est.)$303
Utilities & Maint.$350
Total Monthly Cost$3,856

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Mississauga.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.