$1,699,900Asking Price
588 Rapids Lane, Mississauga, ON L5G 0A9
Lakeview, Mississauga
Turnkey Mixed-Use Property with Proven Income & Prime Location! Live, invest, or operate your dream business in one of Mississauga most sought-after waterfront communities! This rare mixed-use gem features **2,400 sq ft of stylish residential living** paired with **730 sq ft of street-level commercial space**, commercial unit currently leased at **$3,800/month**. Located steps from Lakeshore Rd in the heart of **Lakeview-Port Credit** property offers unbeatable visibility and consistent cash flow, perfect for entrepreneurs, investors, or those seeking the ultimate live-work lifestyle. Surrounded by a busy plaza, trendy retail, 5min to lake, GO Station, and QEW.
Turnkey Mixed-Use Property with Proven Income & Prime Location! Live, invest, or operate your dream business in one of Mississauga most sought-after waterfront communities! This rare mixed-use gem features **2,400 sq ft of stylish residential living** paired with **730 sq ft of street-level commercial space**, commercial unit currently leased at **$3,800/month**. Located steps from Lakeshore Rd in the heart of **Lakeview-Port Credit** property offers unbeatable visibility and consistent cash flow, perfect for entrepreneurs, investors, or those seeking the ultimate live-work lifestyle. Surrounded by a busy plaza, trendy retail, 5min to lake, GO Station, and QEW.
See MoreKey Info
- 3-Storey Other
- 2 Parking
- Attached Garage
- Lakeshore & Cawthra
- 2000-2500 Approximate Sq Feet
- No Ensuite Laundry
- Forced Air Gas Heating
- Central Air
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $10,141 in 2025
- Possession: 60 days/TBA
Details
- Brick Exterior
- No Fireplace
- 1 Kitchen
- MLS #W12039071
- CENTURY 21 KENNECT REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Breakfast | Main | 14.14' x 7.97' | Combined with Kitchen |
| 2 | Kitchen | Main | 14.14' x 6.99' | East View, Stainless Steel Appliances |
| 3 | Office | Lower | 8.99' x 19.55' | |
 | 1 2-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom | |||
| 1 4-Piece Bathroom | |||
| 1 2-Piece Bathroom on Lower | |||
| 1 3-Piece Bathroom on Main Floor | |||
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Who lives here?
Lakeview, Mississauga is a west GTA neighbourhood notable for its singles, executives, education, law & public sector professionals and tradespeople. It has a higher than average population of Polish speakers. Residents tend to be older with a significant number of adults aged 35 to 44, 35 to 44, 35 to 44 and 35 to 44 and seniors aged 65 to 69.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta (1.3)
Singles
45%
of residents are
single and loving it.
45% singles
Mississauga (44%)Gta (45%)
Renters
26%
of residents
are renters.
26% renters
Mississauga (29%)Gta (33%)
Education
33%
of residents are
university grads.
33% university grads
Mississauga (45%)Gta (44%)
Income
Average Household Income
$119K
is the average household
income in the neighbourhood.
Gta ($135K)
Professions
Professions
| Sales | 15% |
| Business | 11% |
| Trades | 10% |
| Management | 8% |
| Government | 7% |
Immigrants
36%
of residents were
born outside of Canada.
36% immigrants
Mississauga (56%)Gta (45%)
Birthplace - All
4.5% from Poland
All-time
Birthplace - Recent
0.7% from China
Recent
Foreign Languages
Foreign Languages
| Polish | 5% |
| Portuguese | 5% |
| Italian | 3% |
| Ukrainian | 2% |
| Spanish | 2% |
Religions
Religions
| Christian | 74% |
| Hindu | 2% |
| Muslim | 2% |
| Buddhist | 1% |
| Jewish | 1% |
