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Listed 2 months ago

505 - 1485 Lakeshore Road E

Lakeview, Mississauga

$649,900

Condo Apartment |
2 | 2 | 2 | 1
About this home

Welcome to lakeside living in the heart of Mississauga. This beautifully maintained 2-bedroom corner suite at 1485 Lakeshore Road East offers the perfect blend of comfort, functionality, and lifestyle. Featuring a bright and spacious layout, this condo includes a sun-filled den/sunroom, an updated eat-in kitchen, and an open-concept living and dining area designed for both everyday living and entertaining.The generous primary retreat offers a walk-in closet and private ensuite, while the second bedroom and additional full bathroom provide flexibility for guests, family, or work-from-home living. Thoughtfully maintained and move-in ready, the suite also includes a registered spot on the electrical panel for future EV charger installation. Located in a secure, amenity-rich building, residents enjoy exceptional lifestyle features including a gym with cardio and weight rooms, sauna, hot tub, rooftop patio, party room, billiards room, library, hobby room, BBQ and picnic areas, plus tennis and pickleball courts.Ideally situated in South Mississauga, you're just moments from the waterfront, parks, trails, grocery stores, shopping, dining, GO Train, and major commuter routes - offering the perfect balance of convenience and relaxed condo living.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,190
LockerOwned
BalconyNone
ExposureSouth West
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$3,505
mls© NumberW13215258
Listed ByCentury 21 United Realty Inc.
Heat Included
Hydro Included
Common Elements Included
Water Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,326
Property tax
$292
Heat allowance
$150
Condo fees, half counted
$595
Housing costs
$4,363 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $129,980
25-yr amortization

Income needed

$134,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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