1575 Lakeshore Road Unit 155, Mississauga

Price: $818,000

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W13173728

A unique and rare opportunity at the iconic and desirable Craftsman in Clarkson offering affordable luxury and ultimate convenience. Concierge, 24-hr security, a gym, yoga studio, rooftop w/bbqs, lush manicured grounds, and plenty of socials. These are just a few of many privileges that the residents of The Craftsman enjoy. This "Meadow Wood" suite offers a sunny West exposure, a functional 960 Sq Ft layout with 2-bedrooms, 2-full washrooms and a showstopper 817 Sq Ft Private Terrace in the secure and lush West Courtyard. Great for someone with a green thumb and/or pet. The suite features 9' ceilings with pot lights, tasteful 5" engineered hardwood flooring, an eat-in kitchen with Large Island and sink, full-sized Fisher& Paykel (31" Fridge), Whirlpool and Panasonic appliances, backsplash and tasteful cabinetry. The primary bedroom features a large walk-in closet, stunning 3-pcensuite bathroom and a walk-out to the terrace. Positioned on level 1, suite 155offers simplicity and ease for coming and going. Well-suited for those seeking convenience, comfort, security and a connection to the outdoors. This home is something truly special. Additional parking spaces available for rent.

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$818,000 - 1575 Lakeshore Road Unit 155, Mississauga

Condo for Sale in Mississauga

42 days on market

Neighbourhood: Clarkson

2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W13173728
Property Type
Condo
Status
active
Days on Site
42
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
West
Balcony
Terrace
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE
Description

A unique and rare opportunity at the iconic and desirable Craftsman in Clarkson offering affordable luxury and ultimate convenience. Concierge, 24-hr security, a gym, yoga studio, rooftop w/bbqs, lush manicured grounds, and plenty of socials. These are just a few of many privileges that the residents of The Craftsman enjoy. This "Meadow Wood" suite offers a sunny West exposure, a functional 960 Sq Ft layout with 2-bedrooms, 2-full washrooms and a showstopper 817 Sq Ft Private Terrace in the secure and lush West Courtyard. Great for someone with a green thumb and/or pet. The suite features 9' ceilings with pot lights, tasteful 5" engineered hardwood flooring, an eat-in kitchen with Large Island and sink, full-sized Fisher& Paykel (31" Fridge), Whirlpool and Panasonic appliances, backsplash and tasteful cabinetry. The primary bedroom features a large walk-in closet, stunning 3-pcensuite bathroom and a walk-out to the terrace. Positioned on level 1, suite 155offers simplicity and ease for coming and going. Well-suited for those seeking convenience, comfort, security and a connection to the outdoors. This home is something truly special. Additional parking spaces available for rent.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,196.76/mo

Includes CMHC insurance ($22,822)

$
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5%10%50%

5-yr fixed avg.

Principal: $736,200Interest: $500,007
Mortgage Amount$759,022
Total Interest$500,007
Est. Property Tax$579/mo
Total Cost$1,259,029

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: Clarkson

Family Living with Village Charm

Clarkson is a well-established family neighbourhood in south Mississauga, known for its excellent schools, community spirit, and convenient location. The area features a mix of housing styles from post-war bungalows to modern family homes, all centered around the charming Clarkson Village core with its local shops and restaurants.

Why Live in Clarkson

  • Excellent schools including Clarkson Secondary
  • Charming village core with local businesses
  • Family-friendly parks and recreation
  • Clarkson GO Station for easy commuting
  • Active community associations

Nearby Schools

Clarkson Secondary SchoolPublic High School
St. Therese of Lisieux CSSCatholic High School
Hillcrest Public SchoolPublic Elementary
St. Christopher Catholic SchoolCatholic Elementary

Transit & Commuting

  • Clarkson GO Station - direct line to Union Station
  • MiWay bus connections
  • Easy access to QEW and Highway 403
  • 20-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Clarkson Community Centre
  • Rattray Marsh Conservation Area
  • Richard's Memorial Park
  • Clarkson Village shops and restaurants
  • Local library branch

Lifestyle & Community

Clarkson offers excellent value for families seeking good schools and a strong community. The neighbourhood provides suburban comfort with easy GO Train access for commuters.

58
Walk Score
$800K - $1.8M
Price Range

1575 Lakeshore Road Unit 155, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$579
Insurance (est.)-$170
Net Cash Flow+$946

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

Fair Market Value

At $909/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 42 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 900 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 Clarkson

I know Clarkson 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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    1575 Lakeshore Road Unit 155, Mississauga | $818,000 | Battaglia Team