1485 Lakeshore Road Unit 411, Mississauga

Price: $432,500

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13577604

Unbeatable Value in a rarely available suite at Lakewood on the Park! This beautiful, bright, open-concept 1-bed, 1-bath gem comes with all utilities included. It is surrounded by mature trees, manicured gardens and lush green space. Oversized picture windows frame tranquil nature views creating exceptional privacy and serenity rarely found in condo living. Features include modern flooring throughout, fresh paint, high ceilings and newly installed roller blinds. The stylish kitchen has a large pass through/breakfast bar, abundant storage and an oversized laundry/storage room. Enjoy the unique and spacious primary bedroom with a large picture window with new blackout roller blinds and large walk-in closet. Plus a dedicated locker and a prime underground parking space. This extremely well maintained building has excellent amenities including four gas BBQs on the grounds, pickleball and tennis courts, a fitness centre and weight room with a whirlpool tub and sauna. Enjoy the rooftop terrace with a breathtaking 360 city & lake view. There is a large party room, billiard table, ping pong, a hobby room and a library. Ample visitor parking and beautifully landscaped grounds. Ideally located near waterfront trails, parks, dog park, shopping, restaurants, transit and major highways including the QEW, Gardiner, and 427, offering easy access to Toronto and the GTA. Close to Humber College. Just a 10-min walk to Long Branch GO (15 mins to Union!) and TTC/Mississauga Transit loop.

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$432,500 - 1485 Lakeshore Road Unit 411, Mississauga

Condo for Sale in Mississauga

37 days on market

Neighbourhood: Lakeview

1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W13577604
Property Type
Condo
Status
active
Days on Site
37
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Mississauga
Locker
Exclusive
Exposure
West
Balcony
None
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Unbeatable Value in a rarely available suite at Lakewood on the Park! This beautiful, bright, open-concept 1-bed, 1-bath gem comes with all utilities included. It is surrounded by mature trees, manicured gardens and lush green space. Oversized picture windows frame tranquil nature views creating exceptional privacy and serenity rarely found in condo living. Features include modern flooring throughout, fresh paint, high ceilings and newly installed roller blinds. The stylish kitchen has a large pass through/breakfast bar, abundant storage and an oversized laundry/storage room. Enjoy the unique and spacious primary bedroom with a large picture window with new blackout roller blinds and large walk-in closet. Plus a dedicated locker and a prime underground parking space. This extremely well maintained building has excellent amenities including four gas BBQs on the grounds, pickleball and tennis courts, a fitness centre and weight room with a whirlpool tub and sauna. Enjoy the rooftop terrace with a breathtaking 360 city & lake view. There is a large party room, billiard table, ping pong, a hobby room and a library. Ample visitor parking and beautifully landscaped grounds. Ideally located near waterfront trails, parks, dog park, shopping, restaurants, transit and major highways including the QEW, Gardiner, and 427, offering easy access to Toronto and the GTA. Close to Humber College. Just a 10-min walk to Long Branch GO (15 mins to Union!) and TTC/Mississauga Transit loop.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,218.95/mo

Includes CMHC insurance ($12,067)

$
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5-yr fixed avg.

Principal: $389,250Interest: $264,368
Mortgage Amount$401,317
Total Interest$264,368
Est. Property Tax$306/mo
Total Cost$665,685

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.

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Neighbourhood Guide: Lakeview

Waterfront Transformation in Progress

Lakeview is an exciting neighbourhood undergoing a major transformation from its industrial roots to a vibrant waterfront community. The Lakeview Village development is creating thousands of new homes, parks, and amenities along the Lake Ontario shoreline. Early buyers are positioning themselves in what will become one of the GTA's most sought-after waterfront communities.

Why Live in Lakeview

  • Major waterfront redevelopment underway
  • New parks, trails, and community amenities planned
  • Strong investment potential
  • Lake Ontario waterfront access
  • Mix of new condos and established homes

Nearby Schools

Lakeview Junior Public SchoolPublic Elementary
Allan A. Martin Senior Public SchoolPublic Middle School
Cawthra Park Secondary SchoolPublic High School
Father John Redmond CSSCatholic High School

Transit & Commuting

  • Long Branch GO Station nearby
  • Future Hurontario LRT connection
  • MiWay bus routes
  • Easy access to QEW and Gardiner Expressway

Parks & Amenities

  • Jim Tovey Lakeview Conservation Area (opening soon)
  • Lakefront Promenade Park
  • Marie Curtis Park (nearby)
  • Planned retail and restaurant district
  • Future community centre

Lifestyle & Community

Lakeview is perfect for those who want to get in on the ground floor of a major urban transformation. The area offers excellent value with the promise of significant appreciation as the Lakeview Village development completes.

62
Walk Score
$500K - $1.5M
Price Range

1485 Lakeshore Road Unit 411, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$306
Insurance (est.)-$90
Net Cash Flow+$1,014

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $721/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 37 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 600 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.

About Lakeview

I know Lakeview well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    1485 Lakeshore Road Unit 411, Mississauga | $432,500 | Battaglia Team