$599,900

For sale

#201 1535 Lakeshore Road East, Mississauga (Lakeview) - Single Family for Sale

#201 1535 Lakeshore Road East, Mississauga (Lakeview), Ontario, L5E3E2

3 beds2 baths1 parking1,300 ft²$1,333/mo condo feeListed 36 days ago

Overview

This 3-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 1,300 sq ft of space. Listed at $599,900, it is attractively priced about 19% below the $742,700 median asking price in Mississauga. It has been on the market 36 days, fresher than the Mississauga average of 61 days.

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Description

Bright and Spacious South-Facing Unit! Enjoy sun-filled living in this beautifully maintained condo featuring generous principal rooms with classic parquet flooring throughout. The renovated kitchen is perfect for cooking and entertaining. This unit offers two full bathrooms and the convenience of ensuite laundry with extra storage. Step out and relax on two separate balconies, offering great outdoor space. Whether you're a first-time buyer or looking to downsize for retirement, this home is ideal. Prime Location Walk to the creek, Lake Ontario, parks, scenic trails, transit, and GO station. Close to major highways, downtown Toronto, Pearson Airport, and shopping amenities. (id:66096)

Property Details

MLS®: W13849368
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,333/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,720.62/yr
Listed: 36 days ago

Rooms

Ground level

Kitchen: 2.06 x 2.23 meters
Eating area: 2.3 x 2.39 meters
Living room: 4.5 x 5.82 meters
Dining room: 4.5 x 5.82 meters
Bedroom: 2.97 x 3.65 meters
Bedroom: 3.03 x 3.46 meters
Primary Bedroom: 3.59 x 4.55 meters
Utility room: 1.58 x 2.46 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Flooring: Tile, Parquet, Ceramic
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Mississauga (Lakeview) listings, avg age

61d

Price / ft²

$462

List price

$600K

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 3-bed single family in Mississauga (Lakeview) has been listed for 36 days, which is 25 days fresher than the city average of 61. Act while there is still low competition.

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Listed by ROYAL LEPAGE PORRITT REAL ESTATE · SHELLEY PORRITT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5E)

This home lists at $599,900, about 6.1× the local median household income of $98,000.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 20% above the area median.

Median household income: $98,000
Population: 12,972
Median age: 45.2
Owner / renter: 77% / 23%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L5E)

$599,900· $462/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,990

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Property tax (est.)$310/mo

Condo fee$1,333/mo

Total monthly$4,775

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$8,473

Est. closing costs$4,300

Total cash needed$47,763

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