1535 Lakeshore Road, Unit 3, Mississauga, ON

$739,500
MLS#:W11888085
4 beds
2 baths
1200-1399 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on January 5, 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 construction, this residence presents an exceptional opportunity offered at $739,500 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Primary Bedroom - Main Floor, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome home. Upon entering this spacious unit you will be welcomed by the bright pass-through kitchen. The kitchen features updated cabinetry including two glass showcase cabinets and a built-in dish plate display to feature all of your favourite and prized pieces. Just off of the kitchen you have a spacious living and dining room combination with parquet flooring, and a patio walk-out that leads to your oversized balcony. This balcony has a stunning, southern exposure, unobstructed view of Lake Ontario. Also off of the living room is a spacious den which could be used as a formal dining room, a fourth bedroom, or a private home office. This open floor plan makes for a very versatile layout and perfect for entertaining. This unit also showcases a large primary bedroom, complete with walk-through closet to private three-piece ensuite featuring glass shower and upgraded bathroom vanity with ample cabinetry. This almost 1,500 SQFT unit also features two additional sizable bedrooms with large, bright windows and closets, and another four-piece bathroom with tub. The features don't end there, as this unit also has a private in-suite laundry, with additional storage as well as underground parking. The location of this building is prime as it is walking distance to GO train, TTC, highways, and airport, which makes it ideal for commuters. Those who enjoy the outdoors will enjoy the nearby bike and walking trails, local parks and adjacent proximity to Lake Ontario. This neighbourhood boasts nearby retail shopping, restaurants, grocery stores, schools and more. The monthly maintenance fees include mostly all unit utilities of heat, central air conditioning, water, common elements, building insurance as well as cable TV and internet! If you require additional storage, a storage locker may be rented by the corporation for $150 per year. There is an abundance of visitor parking, however, if you require additional permanent parking, a space can also be rented for $150 per year.

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Property Summary

This condo apartment located at 1535 Lakeshore Road, Mississauga is currently for sale and has been available on SousaSells for 585 days. This property is listed at $739,500 with an estimated mortgage of $2,462* per month. It has 4 beds, 2 bathrooms, and is 1200-1399 square feet. 1535 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
4
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJanuary 5, 2025
Sold price information is available to members only
Listed Date12/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyPeel
Annual Tax$3,483.17

Parking & Garage

Parking Total2.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Waterfront, School, River/Stream, Rec./Commun.Centre, Public Transit, Place Of Worship

Interior Features

Primary Bedroom - Main Floor, Carpet Free

Security Features

Community Features

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Location

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1535 Lakeshore Road, Unit 3, 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 1535 Lakeshore Road E 1503, Mississauga, ON L5E 3E2

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$221,850 (30.0%)
* Minimum Canadian down payment required for this price is $48,950.
Amortization Period30 Years
Estimated Monthly Payment$2,462Based on a loan of $517,650 over 30 years.
Purchase Price$739,500
Loan Amount$517,650
Provincial Land Transfer Tax:$11,265
Total Estimated Closing Taxes:$11,265

About Purchasing a Home in Mississauga, ON

For a property listed at $739,500 in Mississauga, the legal minimum down payment is $48,950 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 $11,265 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 $11,265.

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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.