1485 Lakeshore Road, Unit 115, Mississauga, ON

$575,000
MLS#:W12057632
3 beds
2 baths
1000-1199 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on April 4, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Lakeview. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $575,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, Intercom
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This is the Home Youve Been Waiting For! Here are 5 Reasons Why This is the Ultimate Investment Whether for Personal Use or Rental Potential: 1) Seamless Everyday Living in this Ground-Floor Unit with No Need for Stairs or Elevators for Easy Access. 2) Freshly Updated Space with Elegant Crown Molding Throughout, a Smart Layout that Maximizes Natural Light and Functionality, Ample Storage, and the Potential for an Open-Concept Kitchen and Living Area. 3) A Rare 2+1 Bedroom Layout with 2 Full Bathrooms Spanning Over 1,000 Sq. Ft., Offering Practicality, Comfort, and Convenience Perfect for Families or Downsizers! Includes 2 Parking Spaces with an Option to Add EV Chargers, Plus a Locker for Extra Storage. 4) Exceptional Amenities for All Lifestyles, Including a Sauna, Tennis & Pickleball Courts, Fitness Center, Party Room, Rooftop Terrace, Visitor Parking & More! Plus, Condo Fees Cover All Utilities Except Cable/Internet. 5) Unbeatable Location! Nestled in a Highly Desirable Neighborhood, Just Minutes from Hospitals, Schools, Dixie Outlet Mall, Golf Courses, Parks, the Lake, Major Highways (427 & QEW), GO Station & More! Bonus: Heating & Cooling Systems Updated in 2024 (Fan Coil System). Dont Miss Out on This Incredible Opportunity-Book Your Viewing Today!

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Property Summary

This condo apartment located at 1485 Lakeshore Road, Mississauga is currently for sale and has been available on SousaSells for 471 days. This property is listed at $575,000 with an estimated mortgage of $1,914* per month. It has 3 beds, 2 bathrooms, and is 1000-1199 square feet. 1485 Lakeshore Road, Mississauga is in the Lakeview neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateApril 4, 2025
Sold price information is available to members only
Listed Date4/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Concrete
BasementNone
CountyPeel
Annual Tax$2,868.35

Parking & Garage

Parking Spaces2.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Cul de Sac/Dead End, Fenced Yard, Golf, Greenbelt/Conservation, Hospital

Interior Features

Auto Garage Door Remote, Carpet Free, Intercom, Primary Bedroom - Main Floor, Storage, Storage Area Lockers

Security Features

Security Guard, Security System, Smoke Detector

Community Features

Location

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1485 Lakeshore Road, Unit 115, 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 1485 Lakeshore Road E 115, Mississauga, ON L5E 3G2

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.

Market Trend
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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$172,500 (30.0%)
* Minimum Canadian down payment required for this price is $32,500.
Amortization Period30 Years
Estimated Monthly Payment$1,914Based on a loan of $402,500 over 30 years.
Purchase Price$575,000
Loan Amount$402,500
Provincial Land Transfer Tax:$7,975
Total Estimated Closing Taxes:$7,975

About Purchasing a Home in Mississauga, ON

For a property listed at $575,000 in Mississauga, the legal minimum down payment is $32,500 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 $7,975 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 $7,975.

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City & Neighborhood Guide

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

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,444,966

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

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
ISNA Islamic
Public1525 Sherway Drive, Dixie, Mississauga, Ontario, L4X 1B5
9.2

Secondary Schools

St. Paul
Catholic815 Atwater Avenue, Lakeview, Mississauga, Ontario, L5E 1L8
7.7
Port Credit SS
PublicPort Credit, Mississauga, Ontario
7.2
Applewood Heights SS
PublicApplewood, Mississauga, Ontario, L4Y 2K1
5.4

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.