194 Lakeshore Road, Mississauga, ON

$1,449,000
MLS#:W13076816
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable store w apt/office located in the coveted neighborhood of Port Credit. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,449,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Spacious lot size measured in Feet
  • Convenient underground garage included
  • equipped with yes central cooling and highly efficient gas forced air closed heating

Description

LIVE / WORK townhouse located in the vibrant heart of Port Credit, an exceptional combination of luxury, functionality, and lakeside living. With residential/commercial zoning, the property offers designated commercial space on the main floor fronting onto Lakeshore Rd. offering maximum exposure. Commercial space ideal for a professional office, studio, or client-facing business. The residence features approximately 2,700 sq. ft. of meticulously finished living space across multiple levels, catering to buyers who value both spaciousness and versatility. At the pinnacle of the home, a private 625 sq. ft. rooftop terrace provides panoramic lake views and includes a 6-person hot tub, wet bar, gas fire pit, and outdoor shower-an extraordinary setting for entertaining or relaxing. The interior boasts a bright, open-concept layout with 9-foot ceilings on the ground and main floors, a modern kitchen with quartz countertops, stainless steel appliances, and direct access to a custom heated patio. High-end upgrades abound, including pot lights, crown moldings, hardwood flooring, and a custom oak staircase with wrought iron spindles. Additional highlights comprise stylish barn doors, multiple walkouts, a finished basement for added living space, and an upgraded primary ensuite featuring an elegant oval soaking tub. For convenience, the property offers parking for three vehicles (two in a tandem garage and one shared commercial spot adjacent to the garage). Ideally situated steps from the Port Credit Marina, GO Train, waterfront trails, shops, and restaurants. This move-in-ready townhouse represents a rare opportunity to own a spacious, mixed-use property in one of Mississauga's most sought-after lakeside communities located directly across the street from Port Credit's newest master planned Brightwater Community.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date5/4/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeStore W Apt/Office
CountyPeel
Annual Tax$9,439.66
Legal DescriptionUnit 3 Level 1 PSCP No 740

Parking & Garage

Garage Spaces3
Garage TypeUnderground

Heating & Cooling

Heat TypeGas Forced Air Closed
CoolingYes

Features

Property Features

Interior Features

Security Features

No

Community Features

Location

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194 Lakeshore Road, Mississauga, ON
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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 194 Lakeshore Road W 3, Mississauga, ON L5H 1G6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.

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Interest Rate5.25%
Down Payment$289,800 (20.0%)
* Minimum Canadian down payment required for this price is $289,800.
Amortization Period25 Years
Estimated Monthly Payment$6,908Based on a loan of $1,159,200 over 25 years.
Purchase Price$1,449,000
Loan Amount$1,159,200
Provincial Land Transfer Tax:$25,455
Total Estimated Closing Taxes:$25,455

About Purchasing a Home in Mississauga, ON

For a property listed at $1,449,000 in Mississauga, the legal minimum down payment is $289,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $25,455 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $25,455.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Port Credit, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,408,407

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

Forest Avenue
Public20 Forest Avenue, Port Credit, Mississauga, Ontario, L5G 1K7
3.9
Mineola
Public145 Angelene Street, Mineola, Mississauga, Ontario, L5G 1Z4
7.1
St Luke
Public1280 Cobalt Street, Lorne Park, Mississauga, Ontario, L5H 4L8
7.4
Kenollie
PublicMineola, Mississauga, Ontario, L5G 2V8
10.0
Tecumseh
Public1480 Chriseden Drive, Lorne Park, Mississauga, Ontario, L5H 1V4
6.8

Secondary Schools

Port Credit SS
PublicPort Credit, Mississauga, Ontario
7.2
Lorne Park SS
PublicLorne Park, Mississauga, Ontario
7.6
St. Paul
Catholic815 Atwater Avenue, Lakeview, Mississauga, Ontario, L5E 1L8
7.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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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.