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885 Lakeshore Road Unit 5

Lakeview / Mississauga, ON L5E 1E2

ActiveFor Sale
3 Beds
2 Baths
800 Sq Ft
Condo

About This Property

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

StatusActive
Property TypeCondo
Listing TypeFor Sale
Interior Size800 sq ft
Bedrooms3
Bathrooms2
LockerNone
BalconyTerrace
ExposureSouth
Postal CodeL5E 1E2
Last UpdatedAug 8, 2026 · 5:27 p.m.

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Features & Amenities

  • View
  • Balcony
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® W13453830

Listed by CHESTNUT PARK REAL ESTATE LIMITED

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$775,000

asking price

MLS®W13453830
TypeCondo
CityMississauga
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$3,784

/month · $620,000 mortgage

Down Payment20% — $155,000
Interest Rate5.5%

Amortization

Total Interest

$515,328

Total Cost

$1,135,328

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

CHESTNUT PARK REAL ESTATE LIMITED