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    Mississauga / Lakeview

    115 - 1485 Lakeshore Rd E

    For SaleLakewood on the Park Condos
    $599,000
    2 Beds + 1
    2 Bath
    2 Parking
    1,200 SQFT
    29 Days on Strata
    Est Sell Timeframe
    14 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $1,043/mth
    Taxes:
    $2,868 (2024)
    Cost Per Sqft:
    $499/sqft
    Locker:
    Exclusive
    Outdoor Space:
    None
    Exposure:
    East
    Possession Date:
    30/TBD
    Laundry:
    In Area
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Breakfast Bar, O/Looks Dining
    9.19 x 11.91ft
    Living
    Combined with Dining, Pot Lights, Large Window
    24.38 x 12.4ft
    Dining
    Combined with Living, Pot Lights, Open Concept
    24.38 x 12.4ft

    About this Listing

    This Is the Unit That You Have Been Waiting For! Here Are 5 Reasons Why This is The Perfect Investment for your Personal Use or Rental Income: 1) Effortless Daily Living Offered by this 1st Floor Unit Accessible Without Stairs or Elevators 2) Freshly Painted Unit with Crown Mouldings Throughout and Great Layout Maximizing the Space and Natural Light in the Unit, with Plenty of Storage Space, and Possibility for Open Concept Kitchen with Living Area 3) Rare 2+1 Bedroom Unit with 2 Bathrooms on just under 1,200 Square Feet Great for Practicality, Comfort and Convenience Ideal for Families or Retirees, 2 Parking Spots with Possibility to Install EV Chargers, and Locker! 4) Amazing Amenities to Please Everyone, from Sauna, to Tennis Courts, Pickleball, Exercise Room, Party Room, Visitor Parking, Rooftop Deck, & More, plus the Condo Fees cover ALL Utilities Except Cable/Internet 5) Location Location Location!!! Highly Sought-After Area, Minutes to Hospitals, Schools, Dixie Outlet Mall, Golf Clubs, Parks, Lake, HWY 427, QEW, GO Station & More! Heating and Air Conditioning Systems Upgraded in 2024 (fan coil system). Don't Miss Out on this Fantastic Opportunity. Schedule Your Viewing Today!

    century 21 leading edge realty inc.MLS® #W11964826

    Amenities

    Games Room
    Concierge
    Rooftop Deck
    Tennis Court
    Party Room
    Security System

    Explore Neighbourhood

    4/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    21,014
    Average Individual Income
    $59,079
    Average Household Size
    2 persons
    Average Age
    41
    Average Household Income
    $108,994
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    20%
    50 - 64
    21%
    65+
    15%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    29%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    42%
    Semi Detached
    28%
    High Rise Apartment
    13%
    Low Rise Apartment
    8%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    77%
    Other
    9%
    Punjabi
    7%
    Spanish
    2%
    Mandarin
    2%
    Tagalog
    1%
    Hindi
    1%
    Urdu
    1%
    Education
    High School
    31%
    University and Above
    24%
    College
    21%
    None
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    2%

    Price Trends

    Maintenance Fees

    Lakewood on the Park Condos vs The Lakeview Area

    Building Trends At Lakewood on the Park Condos

    Days on Strata

    Units at Lakewood on the Park Condos spend an average of
    54
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Lakeview

    Turnover of Units

    On average, each unit is owned for
    8.4
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 22 condos in the Lakeview area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    Lakewood on the Park Condos offers the
    ?
    best value out of 22 condos in the Lakeview neighbourhood

    Appreciation Rank

    Lakewood on the Park Condos has the
    ?
    highest ROI out of 22 condos in the Lakeview neighbourhood

    Rental Yield

    Lakewood on the Park Condos yields the
    ?
    highest rent prices out of 22 condos in the Lakeview neighbourhood

    High Demand

    Lakewood on the Park Condos is the
    ?
    most popular building out of 22 condos in the Lakeview neighbourhood

    Transaction Insights at 1485 Lakeshore Road E

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$530,000$555,000 - $605,000$570,000 - $620,000$578,000 - $720,000No Data
    Avg. Cost Per Sqft$780$728$525$594No Data
    Avg. Wait for Unit Availability189 Days152 Days124 Days103 Days416 Days
    Ratio of Units in Building13%24%23%42%1%

    Transactions vs Inventory

    Total number of units listed and sold in Lakeview