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Valeria Zhibareva

Broker
Re/Max Realty Enterptises Inc., Brokerage, Brokerage Independently owned and operated. 1697 Lakeshore Rd W , Mississauga, Ontario L5J 1J4 Cell: 905-599-8574Office: 905-855-2200Fax: 905-855-2201

$1,549,900
Available - For Sale
Listing ID: W12818622
588 Rapids Lane , Mississauga, L5G 0A9, Peel


Great live work, Potential to designate second commercial rental space just up the staircase. Official Plan Designated Mixed Use - this luxury townhome includes a separate 725 sq. ft. commercial unit (facing Lagoon Street) plus a stunning 2,439 sq. ft. residence on Rapids Lane.The retail space is tenanted, generating $47,460/year in passive income ($3,500/month + hydro). High-traffic location directly across from major retailers including McDonald's, Shoppers Drug Mart, and Dollarama. On-site designated parking available. The owner-occupied townhome features a spacious living and dining area with walk-out balcony, upgraded kitchen with centre island, stainless steel appliances, pot lights, quality laminate flooring, and a striking glass-insert staircase. Offers 3 bedrooms, including a primary retreat with 3-pc ensuite and private balcony, plus a second bedroom with 4-pc ensuite. 4 bathrooms total. Enjoy a rooftop terrace with gas BBQ hookup, built-in garage, and private driveway (2 parking spaces).Located in sought-after Lakeview with easy access to Toronto via GO Transit, including the Port Credit GO Station. Close to top schools, shopping, parks, and everyday conveniences. An exceptional opportunity to own luxury living with built-in income.
Price $1,549,900
Taxes: $10141.45
Tax Type: Annual
Occupancy: Owner+T
Address: 588 Rapids Lane , Mississauga, L5G 0A9, Peel
Postal Code: L5G 0A9
Province/State: Peel
Legal Description: Pt Blk 21 Pl 43M2003 Pts 130,230,311 & 2
Directions/Cross Streets: Lakeshore Rd. & Cawthra Rd.
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Retail
Use: Other
Building Percentage: T
Total Area: 3164.00
Total Area Code:  Square Feet
Office/Appartment Area: 2439
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Approximatly Age: 0-5
Franchise: F
Sprinklers: No
Washrooms: 0
Rail: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Royal Lepage Real Estate Associates
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Valeria Zhibareva
Broker
Dir:
905-599-8574
Bus:
905-855-2200
Fax:
905-855-2201
 
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At a Glance:
Type: Com - Commercial Retail
Area: Peel
Municipality: Mississauga
Neighbourhood: Lakeview
Style:
Lot Size: x 60.00(Feet)
Approximate Age: 0-5
Tax: $10,141.45
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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