$649,999 - 1535 LAKESHORE Road Unit 1606, Mississauga
Condo for Sale in Mississauga
Neighbourhood: Lakeview
- MLS Number
- W13421056
- Property Type
- Condo
- Status
- active
- Days on Site
- 28
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Mississauga
- Locker
- Exclusive
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP - SUMMIT REALTY INC.
This spacious and well appointed condo gives you everything you'd want in a house without the price tag or the extra work!! PLUS you get to enjoy Million $$$ views of every exposure but South from 2 balconies. Stunning views of Lakeview Golf Club, Toronto skyline (and sunrise) to the east & gorgeous sunsets to the west. You can see for miles in every direction!! A commuter's paradise, minutes to Long Branch GO & Loop. BONUS - Premium DOUBLE parking space, can fit 2 small cars!!! Big family gatherings? NO problem! Enjoy a perfectly manicured private green space behind the building for family BBQ's. A HUGE yard without the work!! And, if that's not enough, you're directly across from the lake, Marie Curtis Park & the Waterfront Trail! But wait, there's more...you can look forward to brand new amenities currently being renovated. Gym, Squash/racket court, Guest suites, Indoor pool, Party/Meeting Room, Tennis Court, Bike Storage, Community BBQ, Sauna, Ping Pong, Library. This is an affordable option for a family needing 3 bedrooms. All utilities plus cable and Rogers internet are incl. in the fees. Why pay all this plus house insurance when you can have it all here?? 3 Spacious bedrooms, 2 full bathrooms, an eat in kitchen, 2 balconies and a laundry room with extra storage. Cozy as is or renovate into your paradise in the sky!
Estimate your monthly payments for this property
Estimated Payment
$3,334.83/mo
Includes CMHC insurance ($18,135)
5-yr fixed avg.
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.
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
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.
1535 LAKESHORE Road Unit 1606, Mississauga
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $464/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 28 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.