3 days on market
$735,000
For Sale

885 Lakeshore Rd E, Unit #5

Lakeview, Mississauga

2+null Bed|2 Bath|Yes|3 days on market

$735,000

Buy with Dwelly and Save $7,350

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Home Details

Maintenance
$390 / month
Taxes
$47 / month
Total Parking Spots
2
Garage Spaces
NaN
Balcony
No
Furnished
No
Exposure
S
Move-in Date
Commercial Tenanted
Building Age
16-30 Years
Locker
None
Hydro Included
No
Heating
Forced Air
Water Included
No
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Laundry Access
Main
Exterior
Brick, Concrete Block
Property Type
Condo Apt
Style
Apartment
Status
New
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Listing Description

Rarely offered ground-level unit in a boutique low-rise in the heart of Lakeview! Bright and airy with soaring 10.5 ft ceilings, this mixed-use space is zoned for both commercial and residential, offering exceptional versatility for live/work or investment. Featuring two entrances, prime Lakeshore Road exposure, 2 bedrooms, 2 baths, kitchen, ensuite laundry, a private patio, and two parking spots, plus a dedicated storefront area for office or extra living space. Currently tenanted by a commercial tenant, it provides strong investment potential with very low maintenance. Steps to Lakefront Promenade Park & Marina, minutes to vibrant Port Credit, and quick access to Long Branch GO for a 25-minute commute to downtown Toronto.
Dishwasher, window coverings, electrical light fixtures, washer & dryer, shed, stainless steel appliances, two parking spots directly in front of the unit. Front entrance with canopy + back entrance w/ a patio. Very low maintenance fee.

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Oct 1, 20251$735,000N/ANewW12439071
Jun 3, 2024N/A$3,200N/ASoldW8413856
Jun 3, 202424$3,200$2,875LeasedW8403944
May 10, 202453$870,000N/ATerminatedW8326814
Feb 22, 2024N/A$3,200N/ASoldW8085558
Nov 22, 2023N/A$3,500N/ASoldW7321914
Jan 18, 2023N/A$3,500N/ASoldW5855881
Jan 28, 2019N/A$795N/ASoldW4346319
Jul 22, 201197$299,999$280,000SoldW2160411
Jul 15, 200942$1,500N/ASuspendedW1666594
Mar 20, 200961$254,900N/AExpiredW1585350
Jan 22, 200941$259,900N/ATerminatedW1546856
Nov 3, 200884$259,900N/ATerminatedW1504341

Rooms

Room dimensions for 885 Lakeshore Rd E, Unit #5, Mississauga
Living
12 x 13156 sqft
Br
12 x 14168 sqft
2nd Br
1010 x 1313130 sqft
Kitchen
14 x 684 sqft
Foyer
6 x 17102 sqft

Building Amenities

Visitor Parking

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 885 Lakeshore Rd E5 is 4060

Price

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$735000
Down Payment$147000
Mortgage Insurance$0
Total Mortgage$588000

Monthly Payment


Mortgage Payment$3623
Property Taxes$46
Maintenance Fees$390
Monthly Payment$4060
$4060
monthly

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About 885 Lakeshore Rd E, Unit #5, Mississauga

Located at 885 Lakeshore Rd E Unit #5, this Mississauga condo is available for sale. This property was listed for $735,000 on Tue Sep 30 2025. This condo's size is 800-899 Sqft. It has 2 bedrooms and 2 bathrooms. Monthly maintenance is $390 per month and taxes are approximately $556 annually. Views are to the South from this property. Step outside onto the open balcony. The property's amenities include Visitor Parking. The property includes the following rooms: Living, Br, 2nd Br, Kitchen, Foyer. This property comes with 2 parking spots. This property also comes with a locker. 885 Lakeshore Rd E, Mississauga is situated in the Lakeview neighbourhood.


MLS#: W12435870 · $735,000 · 2 bedroom condo in Lakeview, Mississauga