5 - 885 Lakeshore Road E, Mississauga, ON L5E 1E2
Lakeview, Mississauga · Near Cawthraw and Lakeshore · View map
About this home
Welcome to this rarely offered residential condo, a versatile mixed-use space zoned for both commercial and residential use, located in a boutique low-rise building in the heart of Lakeview. This ground-level unit is bright and airy with a loft-like appeal, making it ideal for those seeking a live/work environment. It features two separate entrances, prime Lakeshore Road retail exposure, and is currently tenanted by a commercial tenant until the end of Sep. The open-concept layout boasts soaring 10.5 ft ceilings, 2 bedrooms, and 2 baths, along with a full-size kitchen and ensuite laundry. The dedicated storefront area can serve as a home office, a third bedroom, or additional living space. A private patio and two designated direct parking spots enhance the convenience of this property. Perfectly located just steps from Lakefront Promenade Park and Marina, minutes from the vibrant Port Credit area, and with quick access to Long Branch GO Station for a 25-minute commute to downtown Toronto.
The home
- Type
- Condo Apartment
- Square footage
- 800-899 sq ft
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 4
- Floor
- 1st
- Exposure
- South
- Balcony
- Terrace
- Laundry
- In-Suite Laundry
- Approximate age
- 16-30 years
Building & fees
- Maintenance fee
- $395.00/mo
- Fee includes
- Common Elements, Building Insurance, Parking
- Condo corporation
- PSCP 845
- Pets
- Allowed, with restrictions
- Locker
- None
- Security
- Alarm System
- Exterior
- Brick
Heating & cooling
- Heating type
- Forced Air
- Fireplace
- No
Parking
- Parking spaces
- 2
- Parking features
- Surface
Taxes & other
- Property taxes
- $4,500/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Cross street
- Cawthraw and Lakeshore
- Neighbourhood
- Lakeview
More
- Price per sq ft
- ~$912 (at 850 sq ft)
- Listed
- Jun 17, 2026 · 115 days ago
- MLS® number
- W13453830
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Building amenities
- Visitor Parking
Included in the maintenance fee
- Common Elements
- Building Insurance
- Parking
The unit and its surroundings
- Marina
- Library
- Public Transit
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
885 Lakeshore Road, Mississauga, ON L5E 1E2
Lakeview, Mississauga · Near Cawthraw and Lakeshore
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Listing history for 885 Lakeshore Road
See what this unit and others in the building were listed for, what they sold for, and how long it took.
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Frequently asked questions about 5 - 885 Lakeshore Road E
Answers come straight from this condo’s MLS® listing.
How much is 5 - 885 Lakeshore Road E listed for?
5 - 885 Lakeshore Road E is listed for $775,000. With 20% down ($155,000), the mortgage payment would be roughly $3,126 a month at 4.5% over 30 years, before the maintenance fee and property tax. That figure is an illustration, not a quote.
How many bedrooms and bathrooms does 5 - 885 Lakeshore Road E have?
5 - 885 Lakeshore Road E has 3 bedrooms and 2 bathrooms.
How big is 5 - 885 Lakeshore Road E?
The listing puts the unit between 800 and 899 sq ft. The board reports a range rather than an exact figure, and it does not include a balcony or terrace.
What type of home is 5 - 885 Lakeshore Road E?
5 - 885 Lakeshore Road E is a condo apartment in Lakeview, Mississauga. The unit is on the 1st floor, facing south.
What are the maintenance fees at 5 - 885 Lakeshore Road E, and what do they cover?
The maintenance fee is $395.00 a month. The listing says it covers common elements, building insurance, parking. Fees can change, so confirm the current amount in the status certificate.
Does 5 - 885 Lakeshore Road E come with parking and a locker?
The listing includes 2 parking spaces. There is no locker with the unit.
Are pets allowed at 5 - 885 Lakeshore Road E?
Pets are allowed, with restrictions. Buildings often limit the size, number or type of pet, so check the condo rules before you offer.
What amenities does the building have?
The listing names these building amenities: visitor parking.
How is 5 - 885 Lakeshore Road E heated and cooled?
Heating is forced air. The listing does not show air conditioning.
What are the property taxes for 5 - 885 Lakeshore Road E?
Property taxes are $4,500 a year (2026), or about $375 a month.
What neighbourhood is 5 - 885 Lakeshore Road E in?
5 - 885 Lakeshore Road E is in the Lakeview community of Mississauga. The nearest main intersection is Cawthraw and Lakeshore. The postal code is L5E 1E2.
Is 5 - 885 Lakeshore Road E still for sale?
Yes. 5 - 885 Lakeshore Road E is an active listing (MLS® W13453830), on the market since June 17, 2026. Listings here update from the board through the day and come down once a condo sells.
What have condos at 885 Lakeshore Road sold for?
Recent sales, leases and expired listings for this unit and the rest of the building are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 5 - 885 Lakeshore Road E?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this condo and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.