CAONMississaugaLakeview588 Rapids Lane
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588 Rapids Lane, Mississauga, ON

House

Withdrawn

Listed price in listed location currency (CAD).
$1,488,000

302

MLS® W12818622

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage In/Out
Taxes $10,141
Lot Size 
Approx. Age 
MLS® Number W12818622

Property Address: 588 Rapids Lane, Mississauga, ON, L5G0A9

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberW12818622
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageIn/Out
Approx. Age
BasementNone
DrivewayGarage Type:In/Out
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

May 25, 2026End Date
-Sold Price

Withdrawn

Feb 25, 2026List Date
$1,488,000List Price
Apr 30, 2026End Date
-Sold Price

Withdrawn

Jan 17, 2026List Date
$1,599,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
588 Rapids Lane, Mississauga, ON

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