5 - 885 Lakeshore Road E, Mississauga
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. (id:1945)
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Property details for 5 - 885 Lakeshore Road E, Mississauga
- Type
- Apartment
- Bedrooms
- 3
- Bathrooms
- 2
- Basement
- None
- Parking
- No Garage
- Heating
- Forced air, Other
- Exterior
- Brick
- Ownership
- Condo/Strata
- Annual Taxes
- $4,500
- Condo Fee
- $395 / Monthly
Nearby Listings Stat
Estimated price and comparable properties near 5 - 885 Lakeshore Road E
Active Listings
27
Min Price
$3,300
Max Price
$2,599,999
Avg Price
$971,787
Days on Market
60
days
Sold Listings
4
Min Sold Price
$729,900
Max Sold Price
$999,900
Avg Sold Price
$882,425
Days until Sold
82
days
Neighbourhood Census Data
Mississauga, Ontario
Population
433
Median Age
41.8
Median Income
$33,664
Dwelling Value
$600,101
Housing Tenure
Owners 81%
Renters 22%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.5
Pop. Density: 3,958.0/km²
Avg Shelter Cost: $1,739/mo
Owners with Mortgage: 73.1%
Owners Spending 30%+: 11.5%
Tenants Spending 30%+: 0%
English only: 93%
English and French: 5.8%
Neither: 2.3%
Median Household Income: $73,472
Median Employment Income: $36,480
Price History
Listed
June 17, 2026
by CHESTNUT PARK REAL ESTATE LIMITED
Current Price
$775,000
Type
Apartment
For Sale
