588 Rapids Lane, Lakeview, Mississauga (W12818618)
$1,488,000
588 Rapids Lane
Lakeview
Mississauga
basic info
3 Bedrooms, 5 Bathrooms
Size: 3,000 sqft
Lot: 800 sqft
(16.00 ft X 50.00 ft)
MLS #: W12818618
Property Data
Built:
Taxes: $10,141.45 (2025)
Parking: 2 Attached
Townhouse in Lakeview, Mississauga, brought to you by Loree Meneguzzi
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. Monthly private fee is $152.
Listed by Royal Lepage Real Estate Associates.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Brampton Real Estate Board, Durham Region Association of REALTORS®, Mississauga Real Estate Board, The Oakville, Milton and District Real Estate Board and the Toronto Real Estate Board which assumes no responsibility for its accuracy.
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specifications
| type: | Townhouse |
| building: | 588 Rapids Lane, Mississauga |
| style: | 3-Storey |
| taxes: | $10,141.45 (2025) |
| bedrooms: | 3 |
| bathrooms: | 5 |
| frontage: | 16.00 ft |
| lot: | 800 sqft |
| sqft: | 3,000 sqft |
| parking: | 2 Attached |





