A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 588 Rapids Lane, Mississauga Ontario L5G 0A9

588 Rapids Lane, Mississauga, Ontario L5G 0A9

Townhouse
3
4
~2500-3000 sqft
$1,650,000
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Townhouse
3
4
~2500-3000 sqft

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Highlights

Property Estimate

Estimated valueNot available

Price/Sqft$605/sqft

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Description

Extremely Unique Luxury Townhome has the wonderful presence located on Rapids Lane and it is described as a Live-Work unit because the Townhouse is 2,439 Sq ft plus a separate 725 Sq Ft Commercial Unit on the back main level side of the building facing Lagoon Street. This beautiful townhome has a lovely design with a spacious Living room offering a w/o balcony plus a Dining room area. The large modern Kitchen offers upgraded cabinets, centre island, backsplash and trim plus stainless steel fridge, stove, B/I microwave and B/I dishwasher. Some added features throughout are highlighted by bright pot-lights, tile and quality laminate flooring and a fashionable staircase with glass inserts. You can enjoy 3 Bedrooms; the 2nd level primary bedroom with a 3 pc ensuite to include shower plus it has a walk out to a private balcony. The private 2nd bedroom provides a 4pc ensuite bath while the ground level features the 3rd bedroom and it is equipped with a 3pc ensuite. This Townhome features a roof top terrace which has a gas barbecue hookup. The attached garage and driveway provides 2 parking spaces for the Townhome. This location is well known and a popular spot with direct access to the Strip Mall across the road for the McDonald's, Shoppers Drug Mart, Dollarama and other fine stores. The high traffic space for this townhouse commercial space is super convenient due to the proximity of Lakeshore Rd. E. It is just west of Cawthra on the west side of Lakeview. The commercial tenant pays a monthly fee plus hydro. There are some designated parking spaces available onsite as a first come first serve basis for 5 live-work units. The area is known for its amenities and easy commute to Toronto with the Go Transit system available either in Etobicoke or at the Port Credit Go Station at Hurontario and Lakeshore. The location is known for excellent schools, shopping, parks and recreation.


Property Details

Style3-Storey
View-
Age of property6-15
SqFt~2500-3000 SqFt
Lot Size800 SqFt(50 x 16)
Parking Spaces2
MLS ®NumberW12650306
Community NameLakeview
Data SourceTRREB
Listing byRE/MAX REALTY ENTERPRISES INC.

Features

Heating: Forced Air
Central Vacuum
Cooling: Central Air

Main Floor

Kitchen

4.57 x 4.33

Eat-In Kitchen / Stainless Steel Appl / Granite Counter

Living

6.15 x 4.69

Laminate / Open Concept / W/O To Balcony

Dining

6.15 x 4.69

Laminate / Open Concept / Combined W/Living


Features

Lot size: 800 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 1

Total parking spaces 2


Property listed by RE/MAX REALTY ENTERPRISES INC., Brokerage
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Market Data - Lakeview

Geo Zone Map ThumbnailLakeview

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

2 days

Compared to

2024

21 days

2023

0 day

New Listings

Past 30 days

3 listings

Compared to

2024

1 listing

2023

0 listing

Units sold

Past 30 days

1 unit

Compared to

2024

1 unit

2023

0 unit

Median Sold Price

Past 30 days

$805,000

Compared to

2024

$1,166,200


Population and Demographics

Overview

Total population 20145
Average household income $162,967

Age (%)

0 to 19
20%
20 to 34
17%
35 to 49
21%
50 to 64
23%
65 and plus
19%

Household composition (%)

Single family
67%
Single person
29%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
72%
Polish
6%
Portuguese
5%
Others
3%
Italian
3%
Spanish
2%
Mandarin
1%
Ukrainian
1%
Russian
1%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Owners
73%
Renters
27%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget