$608,000 - 1535 Lakeshore Road Unit 205, Mississauga
Condo for Sale in Mississauga
38 days on marketNeighbourhood: Lakeview
- MLS Number
- W13575448
- Property Type
- Condo
- Status
- active
- Days on Site
- 38
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE RCR REALTY
Welcome to Unit 205, a tastefully renovated, spacious 3-bedroom, 2-bathroom condo nestled in the highly sought-after Lakeview community, just steps from Lake Ontario! Beautifully finished in fresh neutral tones with wide-plank, sound-proofed laminate flooring, new trim, and upgraded light fixtures throughout. The updated kitchen features new cabinetry, a stainless steel fridge and stove, contemporary backsplash, and an adjoining breakfast area with a pantry. The primary bedroom offers a private 4-piece ensuite and a generous double walk-in closet. The stylish main bathroom is conveniently located and features a walk-in shower. Two additional bedrooms provide flexible space for family, guests, or a home office. The bright open-concept living and formal dining area leads to the building's largest balcony spanning over 28 feet, perfect for relaxing, enjoying your morning coffee, or summer dining. Surrounded by lush green space and golf courses, the impeccably maintained grounds feature extensive gardens, BBQ areas, and tennis courts. Across the street, enjoy Toronto's beautiful Marie Curtis Park with direct access to the Waterfront Trail, lakefront, beach, playground, wading pool, and scenic picnic areas. Exceptional location! Steps to Long Branch GO Station, TTC transit, and major highways, with an easy commute to downtown Toronto. Minutes to Pearson International Airport, the Carmen Corbasson Community Centre, shopping, dining, and Humber College. Enjoy truly worry-free, all-inclusive living with maintenance fees covering heat, hydro, water, central air conditioning, Rogers digital cable, Rogers high-speed internet, underground parking, building insurance, and common elements. Turnkey and move-in ready, this home offers the perfect blend of spacious living, everyday convenience, and a low-maintenance condominium lifestyle. Experience the very best of Mississauga lakeside living! Some images have been virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$3,119.36/mo
Includes CMHC insurance ($16,963)
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 205, 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 $608/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 38 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.