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$775,000Asking Price

885 Lakeshore Road E 5, Mississauga, ON L5E 1E2 #5

Lakeview, Mississauga

Condo
3
Bedrooms
2
Baths
2
Parking
Days on Market

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.

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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.

Key Info

  • Apartment Condo
  • 2 Parking
  • No Garage
  • Cawthraw and Lakeshore
  • 800-899 Approximate Sq Feet
  • 16-30 Years Approximate Age
  • South Exposure
  • Ensuite Laundry
  • No Locker
  • Forced Air
  • A/C

Property

  • $395 Monthly Condo Fees
  • Includes: Common Elements, Building Insurance, Parking.
  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C
  • Amenities: Visitor Parking
  • Taxes were $4,500 in 2026

Details

  • Brick Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • Condo Corporation #845
  • Condo Registry Office: PSCP
  • MLS #W13453830
  • CHESTNUT PARK REAL ESTATE LIMITED

Extras

Room Floor Dimensions Details
1 Kitchen Ground 13.88' x 6.50'
Washroom1 3-Piece Bathroom on Ground Floor
Washroom1 3-Piece Bathroom on Ground Floor

Who lives here?

Lakeview, Mississauga is a west GTA neighbourhood notable for its singles, executives, education, law & public sector professionals and tradespeople. It has a higher than average population of Polish speakers. Residents tend to be older with a significant number of adults aged 35 to 44, 35 to 44, 35 to 44 and 35 to 44 and seniors aged 65 to 69.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Mississauga  (1.4)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

45% of residents are
single and loving it.

45% singles

Mississauga (44%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

26% of residents
are renters.

26% renters

Mississauga (29%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

33% of residents are
university grads.

33% university grads

Mississauga (45%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$119K

is the average household
income in the neighbourhood.

Mississauga  ($125K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 15%
Business 11%
Trades 10%
Management 8%
Government 7%

Immigrants

36% of residents were
born outside of Canada.

36% immigrants

Mississauga (56%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Poland was once home to 4.5% of immigrants.
Portugal 3.3%
UK 2.1%
Italy 1.9%
Philippines 1.7%

4.5% from Poland
All-time

Birthplace - Recent

China was once home to 0.7% of immigrants.
Poland 0.6%
Philippines 0.5%
Pakistan 0.3%
Ukraine 0.2%

0.7% from China
Recent

Foreign Languages

Foreign Languages

Polish 5%
Portuguese 5%
Italian 3%
Ukrainian 2%
Spanish 2%

Religions

Religions

Christian 74%
Hindu 2%
Muslim 2%
Buddhist 1%
Jewish 1%