$1,599,000
12.09 BTC
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588 Rapids Lane, Mississauga
$1,599,000
PRICE
3
BEDROOMS
5
BATHROOMS
W12650306
MLSID

588 Rapids Lane, Mississauga

Retail Space is Tenanted! Freehold Townhouse Owner Occupied. Unique Luxury Townhome has the wonderful presence located on Rapids Lane and it's described as a Live-Work unit because the Townhouse is 2,439 Sq ft plus a separate 725 Sq Ft Commercial Unit on the back main level side of the building facing Lagoon Street. This beautiful townhome has a lovely design with a spacious Living room offering a w/o balcony plus a Dining room area. The large modern Kitchen offers upgraded cabinets, centre island, backsplash and trim plus stainless steel fridge, stove, B/I microwave and B/I dishwasher. Some added features throughout are highlighted by bright pot-lights, tile and quality laminate flooring and a fashionable staircase with glass inserts. You can enjoy 3 Bedrooms; the 2nd level primary bedroom with a 3 pc ensuite to include shower plus it has a walk out to a private balcony. The private 2nd bedroom provides a 4pc ensuite bath while the ground level features the 3rd bedroom and it is equipped with a 3pc ensuite. This Townhome features a roof top terrace which has a gas barbecue hookup. The attached garage and driveway provides 2 parking spaces for the Townhome. This location is well known and a popular spot with direct access to the Strip Mall across the road for the McDonald's, Shoppers Drug Mart, Dollarama and other fine stores. The high traffic space for this townhouse commercial space is super convenient due to the proximity of Lakeshore Rd. E. It is just west of Cawthra on the west side of Lakeview. The commercial tenant pays a monthly fee plus hydro. There are some designated parking spaces available onsite as a first come first serve basis for 5 live-work units. The area is 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.
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Summary

Address
588 Rapids Lane
Community
MLSID
W12650306
Property Type
Att/Row/Townhouse
Property Category
Bedrooms
3
Bathrooms
5
Rooms
6
Kitchens
1
Taxes (Annual)
$10,141.45
Tax Year
2025
Published
December 26, 2025
Days on Market
22 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

Stainless Steel Fridge and Stove with gas and electric hook-ups, B/I Dishwasher, B/I Microwave, Upgraded Washer and Dryer, Central Vacuum, Central Air, Pot-lights, Upgraded Trim and Cabinets, Stone Counter,

Details

Property Features
Greenbelt/Conservation, Park, Public Transit, School
Bathroom 1
2-Piece Main Level
Bathroom 2
3-Piece Ground Level
Bathroom 3
4-Piece Upper Level
Bathroom 4
3-Piece Upper Level
Bathroom 5
3-Piece Ground Level
Basement
None
Interior Features
Central Vacuum
Parking Spaces
1
Parking Total
2
Parking Features
Private
Architectural Style
3-Storey
Roof
Other
Construction Materials
Brick
Lot Width
16 Feet
Lot Depth
50 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with RE/MAX REALTY ENTERPRISES INC.
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