For Sale

588 Rapids Lane, Mississauga, Ontario L5G 0A9

$1,650,000

588 Rapids Lane, Mississauga, Ontario L5G 0A9 is For Sale and has a listing price of 1,650,000. The property is located in the Lakeview neighbourhood . It's been on the website for 1 Day.

  • 3
    Bedrooms
  • 4
    Bathrooms
  • Parking
  • MLS ID: W12650306
  • Office Name RE/MAX REALTY ENTERPRISES INC.
Property Description

Extremely Unique Luxury Townhome has the wonderful presence located on Rapids Lane and it is described as a Live-Work unit because the Townhouse is 2,439 Sq ft plus a separate 725 Sq Ft Commercial Unit on the back main level side of the building facing Lagoon Street. This beautiful townhome has a lovely design with a spacious Living room offering a w/o balcony plus a Dining room area. The large modern Kitchen offers upgraded cabinets, centre island, backsplash and trim plus stainless steel fridge, stove, B/I microwave and B/I dishwasher. Some added features throughout are highlighted by bright pot-lights, tile and quality laminate flooring and a fashionable staircase with glass inserts. You can enjoy 3 Bedrooms; the 2nd level primary bedroom with a 3 pc ensuite to include shower plus it has a walk out to a private balcony. The private 2nd bedroom provides a 4pc ensuite bath while the ground level features the 3rd bedroom and it is equipped with a 3pc ensuite. This Townhome features a roof top terrace which has a gas barbecue hookup. The attached garage and driveway provides 2 parking spaces for the Townhome. This location is well known and a popular spot with direct access to the Strip Mall across the road for the McDonald’s, Shoppers Drug Mart, Dollarama and other fine stores. The high traffic space for this townhouse commercial space is super convenient due to the proximity of Lakeshore Rd. E. It is just west of Cawthra on the west side of Lakeview. The commercial tenant pays a monthly fee plus hydro. There are some designated parking spaces available onsite as a first come first serve basis for 5 live-work units. The area is known for its amenities and easy commute to Toronto with the Go Transit system available either in Etobicoke or at the Port Credit Go Station at Hurontario and Lakeshore. The location is known for excellent schools, shopping, parks and recreation.

Property Details
  • Bedrooms: 3
  • MLS ID: W12650306
  • Bathrooms: 4
  • Price: $1,650,000
  • Lot Depth: 50
  • Transaction Types: For Sale
  • Ref ID: W12650306
  • Year Built: N/A
  • Approx Sqft: 2500-3000
  • Dir / Cross St: Cawthra/Lakeshore Rd
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 6-15
  • Property Type: All Houses
  • Property Sub Category: Att/row/twnhouse
Price History
List Date MLS ID List Price Status End Date Closed Price
12/27/2025 W12650306 $1,650,000 For Sale - -
09/30/2025 W12434554 $1,800,000 For Sale - -
09/30/2025 W12434547 $1,800,000 For Sale 11/04/2025 -
09/02/2025 W12375142 $2,299,900 For Sale - -
09/02/2025 W12375101 $2,299,900 For Sale 09/29/2025 -
03/27/2025 W12045188 $1,799,900 For Sale - -
03/24/2025 W12039071 $1,799,900 For Sale -
12/13/2024 W11891767 $1,900,000 Cancelled 02/20/2025 -
08/06/2024 W9241698 $1,890,000 Cancelled 12/09/2024 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Lakeview
  • $1,289,246 Average List Price
    based on 1 year
  • 82 New Listings
    based on 30 days
  • 33 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.04 % Up
  • Sold (12mo) 244
  • Rented (12mo) 154

  • 1 Month Change -
  • 3 Month Change -2.8%
  • 6 Month Change +11.0%
Walkscore
Property Type Distribution
  • All Houses
    64.47%
  • Commercial
    7.82%
  • Condo
    27.49%
  • Land for Sale
    0.21%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 3-storey
  • Washroom Type1: 1
  • Heating System Y
  • Central Vac Y
  • Garage Type Attached
  • Parking Spaces: 1
  • Exterior Brick
  • Kitchen Y
  • Parking Y
  • Washrooms Type 1 # Pcs: 2
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 4 # Pcs: 3
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Taxes: $10,141
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 27/12/2025 01:20:52
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