Salehian.com 647-325-5000

560 Rapids Lane

Lakeview, Mississauga, L5G 0A9

$1,800,000

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  • 3 bedrooms
  • 5 bathrooms
  • 2 parking
  • 2000-2500 sq ft

Listed 29 days ago · MLS® W13811248

About this home

Welcome To 560 Rapids Lane! This Exceptional Corner Unit Live/Work Townhome Offers A Rare Combination Of Spacious Living, A Separate Commercial Unit And Beautiful Views Of Cooksville Creek And Natural Green Space. The Main Townhome Offers 2,032 Sq Ft Of Bright, Well-Designed Living Space With 3 Bedrooms, 5 Bathrooms, An Abundance Of Windows And A Balcony Off The Bedroom. Enjoy Two Rooftop Terraces, Offering Additional Outdoor Living Space And Views Of The Surroundings. The Corner Location Provides A Side Yard And A Large 30 x 67 Ft Lot. The Separate Commercial Unit, Approximately 775+ Sq Ft, Is Located On The Main Level At The Back Of The Property And Fronts Lakeshore Road. The Commercial Space Is Currently Tenanted, Providing An Excellent Opportunity For An Owner-Occupier Or Investor. Ideally Located In Lakeview, Just West Of Cawthra, With Easy Access To Shopping, Parks, Recreation And Transportation. Close To Excellent Schools Including Cawthra Park Secondary School And Mineola Public School. A Unique Opportunity To Live, Work And Invest In One Desirable Location.

Details

Type
Att/Row/Townhouse
Style
3-Storey
Age
6-15 years
Size
2000-2500 sq ft
Lot
30.81 × 67.81 ft
Basement
None
Garage
Attached
Kitchens
1
Property tax
$15,409 (2026)
Neighbourhood
Lakeview
Municipality
Mississauga
Price per sq ft
$800 (51% above freehold townhouses in Mississauga, $531)

Interior

Bedrooms
3 above ground
Bathrooms
1 × 2-piece (second), 1 × 3-piece (ground), 1 × 4-piece (upper), 1 × 3-piece (upper), 1 × 2-piece (ground)
Rooms
6 above ground
Family room or den
No
Fireplace
No
Features
Central Vacuum

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
3-Storey
Exterior
Stone, Stucco (Plaster)
Foundation
Poured Concrete
Age
6-15 years
Faces
South

Parking

Garage spaces
1
Total parking
2
Driveway and parking
Private

Lot

Size
30.81 × 67.81 ft (rectangular)

More

Possession
TBA
Nearby
Fenced Yard, Greenbelt/Conservation, Park, Public Transit, School, Terraced
Cross street
Cawthra / Lakeshore Rd.

Rooms

RoomLevelSizeFeatures
Bedroom 3Ground4.48 × 3.49 m (14'8" × 11'5")Double Closet, 3 Pc Ensuite
KitchenSecond4.48 × 2.9 m (14'8" × 9'6")Centre Island
Dining RoomSecond4.22 × 2.09 m (13'10" × 6'10")Overlooks Park
Living RoomSecond6.09 × 4.99 m (20' × 16'4")W/O To Balcony
Bedroom 2Third4.48 × 3.3 m (14'8" × 10'10")Walk-In Closet(s), 3 Pc Ensuite
Primary BedroomThird5.42 × 4.99 m (17'9" × 16'4")W/O To Balcony, 4 Pc Ensuite

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚆 Port Credit GO1.9 km

Within a 10-minute walk: 4 grocery stores, 17 cafés and restaurants, 9 parks, 3 pharmacies. Nearest grocery: Walmart Supercentre (150 m). Nearest park: Helen Molasy Memorial Park (250 m).

Schools nearby

Elementary

  • St. James Catholic Global Learning Centre Catholic
    EQAO: Gr 6 reading 100%, math 67%    9 min walk
  • Mentor College Primary Campus Private15 min walk
  • Janet I. McDougald Public School
    EQAO: Gr 3 reading 61%, math 58%    15 min walk
  • St. Dominic's School Catholic
    EQAO: Gr 6 reading 97%, math 77%    17 min walk

Secondary

  • Cawthra Park Secondary School
    EQAO: Gr 9 math 65%, literacy test 91%    17 min walk
  • St. Paul Secondary School Catholic
    EQAO: Gr 9 math 72%, literacy test 89%    18 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L5G

Owners / renters
57% / 43%
Median household income
$95,000
Average age
44
Children under 15
14%
Homes
43% detached, 38% high-rise
Commute by transit
11%
Population
20,714

Languages spoken most at home besides English: Polish 2%, Mandarin 1.3%, Spanish 1%, Russian 0.7%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Credit Valley Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Peel Region (Mississauga/Brampton) police: 59 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Development nearby 2 active

  • 420 Lakeshore Rd E · 400 m
    Development application · In process · applied 2024
    9 storey residential building with 166 units and retail at grade (166 homes)
  • 579 & 619 Lakeshore Road East and 1022 & 1028 Caven Street · 150 m
    Development application · In process · applied 2022
    New mixed-use development (1070 homes)

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Credit Valley Conservation open data. Crime Severity Index: Statistics Canada. Planning applications: City of Mississauga open data.

Living here

Commute

To Union Station (downtown Toronto): 17 km. Transit times · Driving times

Coming transit

  • 🚧 Port Credit Hazel McCallion LRT1.7 km · opening about 2029
  • 🚧 Mineola Hazel McCallion LRT1.9 km · opening about 2029

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence, with a City licence: not allowed in investment properties. Up to 180 nights a year, no more than 30 in a row.

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE REALTY PLUS.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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