Home with brick exterior material, building for 885 Lakeshore Rd #5, Mississauga Ontario L5E 1E2
12 hours on Market

885 Lakeshore Rd #5, Mississauga, Ontario L5E 1E2

In the same building:
-
Condo
3
2
~800-899 sqft
$775,000
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Condo
3
2
~800-899 sqft

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Highlights

Property Estimate

Days on market12 hours

Estimated valueNot available

Price/Sqft$915/sqft

Monthly cost

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Description

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

StyleApartment
View-
Age of property16-30
SqFt~800-899 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberW13453830
Community NameLakeview
Data SourceTRREB
Listing byCHESTNUT PARK REAL ESTATE LIMITED

Features

Heating: Forced Air
Cooling: Other

Ground Floor

Living

3.55 x 3.93

Kitchen

4.23 x 1.98

Br

3.52 x 4.14

2nd Br

308.0 x 3.89

Ceramic Floor


Features

Patio: Terr
Balcony: Terr

Parking

Garage spaces -

Garage type -

Total parking spaces 2


1Story
Amenities

Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by CHESTNUT PARK REAL ESTATE LIMITED, Brokerage
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Market Data - Lakeview

Geo Zone Map ThumbnailLakeview

Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

32 days

Compared to

2025

19 days

2024

21 days

2023

25 days

New Listings

Past 30 days

24 listings

Compared to

2025

32 listings

2024

29 listings

2023

14 listings

Units sold

Past 30 days

8 units

Compared to

2025

8 units

2024

11 units

2023

12 units

Median Sold Price

Past 30 days

$739,900

Compared to

2025

$667,500

2024

$750,000

2023

$780,000


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