$1,549,900
Available - For Sale
Listing ID: W12818618
588 Rapids Lane , Mississauga, L5G 0A9, Peel
| Short on a down payment? (read below) Great live work, Potential to designate second commercial rental space just up the staircase. Mixed Use - this luxury townhome includes a separate 725 sq. ft. commercial unit plus a stunning 2,439 sq. ft. residence .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).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. (Down Payment) - A family member can advance funds from their line of credit, and the main-floor rent can cover the repayment so they're not out of pocket. |
| Price | $1,549,900 |
| Taxes: | $10141.45 |
| Occupancy: | Tenant |
| Address: | 588 Rapids Lane , Mississauga, L5G 0A9, Peel |
| Directions/Cross Streets: | Cawthra/Lakeshore Rd |
| Rooms: | 6 |
| Bedrooms: | 3 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | None |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 14.99 | 14.2 | Eat-in Kitchen, Stainless Steel Appl, Granite Counters |
| Room 2 | Main | Living Ro | 20.17 | 15.38 | Laminate, Open Concept, W/O To Balcony |
| Room 3 | Main | Dining Ro | 20.17 | 15.38 | Laminate, Open Concept, Combined w/Living |
| Room 4 | Second | Primary B | 15.38 | 12.5 | 3 Pc Ensuite, W/O To Balcony, Double Closet |
| Room 5 | Second | Bedroom 2 | 12.89 | 10 | Laminate, Closet, 4 Pc Ensuite |
| Room 6 | Ground | Bedroom 3 | 14.2 | 9.91 | Laminate, Closet, 3 Pc Ensuite |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 2 | Main |
| Washroom Type 2 | 3 | Ground |
| Washroom Type 3 | 4 | Upper |
| Washroom Type 4 | 3 | Upper |
| Washroom Type 5 | 3 | Ground |
| Washroom Type 6 | 2 | Main |
| Washroom Type 7 | 3 | Ground |
| Washroom Type 8 | 4 | Upper |
| Washroom Type 9 | 3 | Upper |
| Washroom Type 10 | 3 | Ground |
| Total Area: | 0.00 |
| Approximatly Age: | 6-15 |
| Property Type: | Att/Row/Townhouse |
| Style: | 3-Storey |
| Exterior: | Brick |
| Garage Type: | Attached |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 1 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Age: | 6-15 |
| Approximatly Square Footage: | 3000-3500 |
| Property Features: | Greenbelt/Co, Park |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | Y |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Hydro: | Y |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| Royal Lepage Real Estate Associates |
|
|
Dir:
Irregular As P
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Freehold - Att/Row/Townhouse |
| Area: | Peel |
| Municipality: | Mississauga |
| Neighbourhood: | Lakeview |
| Style: | 3-Storey |
| Approximate Age: | 6-15 |
| Tax: | $10,141.45 |
| Beds: | 3 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |
Locatin Map:
Payment Calculator:
- Color Examples
- Red
- Magenta
- Gold
- Black and Gold
- Dark Navy Blue And Gold
- Cyan
- Black
- Purple
- Gray
- Blue and Black
- Orange and Black
- Green
- Device Examples