Gurvinder Nokwal REALTOR®
For Sale Condo Apartment 124 days on market

$775,000

Est. payment $3,432/moCalculate yours

885 Lakeshore Road E 5, Mississauga, ON L5E 1E2

Lakeview, Mississauga, ON L5E 1E2

  • 3 Beds
  • 2 Baths
  • 800 Sq Ft
Map

Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED MLS® W13453830

About this home

Welcome to this rarely offered residential condo, a versatile mixed-use space zoned for both commercial and residential use, located in a boutique low-rise building in the heart of Lakeview. This ground-level unit is bright and airy with a loft-like appeal, making it ideal for those seeking a live/work environment. It features two separate entrances, prime Lakeshore Road retail exposure, and is currently tenanted by a commercial tenant until the end of Sep. The open-concept layout boasts soaring 10.5 ft ceilings, 2 bedrooms, and 2 baths, along with a full-size kitchen and ensuite laundry. The dedicated storefront area can serve as a home office, a third bedroom, or additional living space. A private patio and two designated direct parking spots enhance the convenience of this property. Perfectly located just steps from Lakefront Promenade Park and Marina, minutes from the vibrant Port Credit area, and with quick access to Long Branch GO Station for a 25-minute commute to downtown Toronto.

Property details

Overview

Property Type
Condo Apartment
Style
Apartment
For
For Sale
Status
Sold Conditional
Approximate Age
16-30
Size
800 sqft

Interior

Bedrooms
3
Bathrooms
2
Kitchens
1
Basement
None

Building & Systems

Heating
Forced Air (Other)
Cooling
Other
Exterior
Brick

Lot & Parking

Parking
None garage · 2 total
Zoning
C4 -29 (Mainstreet Commercial Use - List attached)

Financial

Property Taxes
$4,500 (2026)
Condo Fee
$395/mo
Fee Includes
Common Elements Included, Building Insurance Included, Parking Included
Pets
Yes-with Restrictions

Location

Neighbourhood
Lakeview
Cross Street
Cawthraw and Lakeshore

Listing

MLS® Number
W13453830
Days on Market
124
Listed On
2026-06-16
Listed By
CHESTNUT PARK REAL ESTATE LIMITED

Rooms

Room Level Dimensions
Bedroom 2 Ground 1010′ 6″ × 12′ 9″
Kitchen Ground 13′ 11″ × 6′ 6″
Living Room Ground 11′ 8″ × 12′ 11″
Bedroom Ground 11′ 7″ × 13′ 7″

Features

Interior

  • None

Property

  • Marina
  • Library
  • Public Transit

Amenities

  • Visitor Parking
Included
Stove, Fridge, dishwasher, washer & dryer, window covers, electrical light fixtures, outdoor canopy sign shed & two parking spots (exclusive use).
Rental items
Water Tank ($50.40/Month)

Mortgage calculator

Minimum for this price: $52,500 (6.77%)

Amortization, years

Estimated mortgage payment

$3,432 per month

Principal and interest
$3,432
Property tax
$375
Condo fees
$395
Estimated monthly cost
$4,202

Your mortgage

Mortgage amount
$620,000
Mortgage insurance
Not needed
Interest over 25 years
$409,460

Cash to close

Down payment
$155,000
Land transfer tax
$11,975
Total, before legal fees
$166,975
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

885 Lakeshore Road E 5, Mississauga, ON L5E 1E2 Lakeview, Mississauga, ON L5E 1E2
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$775,000 885 Lakeshore Road E 5, Mississauga, ON L5E 1E2
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