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
$1,599,000
Available - For Sale
Listing ID: W12705658
588 Rapids Lane , Mississauga, L5G 0A9, Peel
| Retail Space is Tenanted see details below and Freehold Townhouse is Owner Occupied - OFFICIAL PLAN DESIGNATED - MIXED USE (INCLUDING RESIDENTIAL) Extremely Unique Luxury Live-Work Freehold Townhome has a separate 725 Sq Ft Commercial Unit on the back side of the building facing Lagoon Street. This residential townhouse is located on Rapids Lane while the Townhouse is 2,439 Sq ft on Rapids Lane and 1-3 pc bathroom - 2 sinks and 1 toilet. This location is amazing with a big box store Strip Mall across the road; McDonald's, Shoppers Drug Mart, Dollarama and other fine stores. This high traffic space for the this commercial space is super convenient and an excellent investment with PASSIVE INCOME $47,460 per year, the commercial tenant pays a $3,500 monthly fee plus hydro. Note: Designated parking spaces available onsite. The gorgeous Freehold Townhome features a spacious Living room, w/o balcony and Dining room. Kitchen offers upgraded cabinets, centre island, backsplash, trim and stainless steel fridge, stove, B/I microwave, B/I dishwasher plus upgraded pot-lights, tile, quality laminate flooring plus a gorgeous staircase with glass inserts > 3 Bedrooms; the 2nd level primary bedroom w/3 pc ensuite, shower and walk out to private balcony. The 2nd bedroom has a a 4pc ensuite bath. 4 Bathrooms in total. Lakeview is an area 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, recreation and convenient transportation. Note: the Rooftop terrace has a gas barbecue hookup and the built-in garage and single driveway provides 2 parking spaces for the Townhome. |
| Price | $1,599,000 |
| Taxes: | $10141.45 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Monthly Condo Fee: | $150 |
| 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 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 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 |
| Sewers: | Sanitary |
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| RE/MAX REALTY ENTERPRISES INC. |
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Valeria Zhibareva
Broker
Dir:
905-599-8574
Bus:
905-855-2200
Fax:
905-855-2201
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Peel |
| Municipality: | Mississauga |
| Neighbourhood: | Lakeview |
| Approximate Age: | 0-5 |
| Tax: | $10,141.45 |
| Fireplace: | N |
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