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
95 days on Market

588 Rapids Lane, Mississauga, Ontario L5G 0A9

Other
-
-
~2439 sqft
$•••,•••
$1,699,900
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Other
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~2439 sqft

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Highlights

Property Estimate

Days on market95 days

Estimated valueNot available

Price/Sqft$696/sqft

Monthly cost

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CMA Subject Property

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+30

Properties sold*

$1.1M

Median sold price*

*Based on last 30 days

Description

Turnkey Mixed-Use Property with Proven Income & Prime Location! Live, invest, or operate your dream business in one of Mississauga most sought-after waterfront communities! This rare mixed-use gem features **2,400 sq ft of stylish residential living** paired with **730 sq ft of street-level commercial space**, commercial unit currently leased at **$3,800/month**. Located steps from Lakeshore Rd in the heart of **Lakeview-Port Credit** property offers unbeatable visibility and consistent cash flow, perfect for entrepreneurs, investors, or those seeking the ultimate live-work lifestyle. Surrounded by a busy plaza, trendy retail, 5min to lake, GO Station, and QEW.


Property Details

StyleCommercial Condo
View-
Age of property0-5
SqFt~2439 SqFt
Lot Size1,364 SqFt(60 x 22.74)
Parking Spaces-
MLS ®NumberW12045188
Community NameLakeview
Data SourceTRREB
Listing byCENTURY 21 KENNECT REALTY

Features

Heating: Gas Forced Air Open
Cooling: Y
Basement: N

Features

Lot size: 1,364 SqFt

Market Data - Lakeview

Geo Zone Map ThumbnailLakeview

Strong Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

22 days

Compared to

2024

13 days

2023

18 days

2022

13 days

New Listings

Past 30 days

87 listings

Compared to

2024

83 listings

2023

75 listings

2022

59 listings

Units sold

Past 30 days

23 units

Compared to

2024

30 units

2023

43 units

2022

23 units

Median Sold Price

Past 30 days

$1,123,500

Compared to

2024

$1,107,500

2023

$1,250,000

2022

$1,320,000


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