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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® W14082176For SaleCondominium

1505-1515 Lakeshore Rd

Lakeview, Mississauga, Ontario L5E 3E3

Map
1 / 35
1505-1515 Lakeshore Rd, Mississauga, photo 1
Asking$539,900
Bedrooms
3
Bathrooms
2
Size
1,000–1,199sq ft
Per sq ft
$491at the range’s middle
Tax a year
$3,6882025 tax year
Parking
11 underground
Days on market
Members

The brief

About 1505-1515 Lakeshore Rd

1505-1515 Lakeshore Rd is a 3-bedroom, 2-bathroom condo in Lakeview, Mississauga, listed for sale at an asking price of $539,900 (MLS® W14082176).

**Wake Up to Lake Ontario.** Rarely offered, Suite 1505 is a spacious 3-bedroom, 2-bathroom suite with southwest exposure, beautiful lake and treetop views, and a spectacular 28-ft open balcony spanning the width of the home. Offering approximately 1,184 sq. ft. of living space, this bright, well-designed layout delivers the space and functionality families need. A proper foyer with double closet welcomes you home, opening into a bright living and dining area with a walkout to the balcony - perfect for morning coffee, al fresco dinners or simply taking in the view. The eat-in kitchen features a dedicated breakfast nook and double-door refrigerator, while three generous bedrooms are thoughtfully tucked away along a separate hallway for added privacy. The primary suite offers a walk-in closet and 4-piece ensuite, complemented by a second full bathroom and a full-size ensuite laundry room with additional storage. Freshly painted and move-in ready, this suite offers exceptional value with genuinely all-inclusive maintenance fees covering heat, hydro, water, building insurance, Bell cable TV and internet.**Enjoy a lifestyle centred around the outdoors.** Beautifully landscaped, park-like grounds sit directly across from Marie Curtis Park, with the beach, waterfront trail, splash pad and Etobicoke Creek just moments away. Golf courses are nearby, while Sherway Gardens and the major retail destinations along The Queensway are just a short drive away. Long Branch GO, TTC and MiWay provide convenient transit options, with quick access to the QEW and Highway 427. The restaurants, shops and marina of Port Credit are also close at hand. Residents will also enjoy a newly renovated recreation centre featuring an indoor pool, whirlpool, fitness room and tennis courts. Space to grow, views to savour and a location that brings nature, recreation and everyday conveniences together - all with the ease of condo living.

Insights

  • Condition Score

    Good

    2 documented update signals

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Near break-even

    −$326/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 5 homes with 3 bedrooms for lease in Lakeview right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$3,688 / 2025
MLS® number
W14082176
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
1000-1199 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: REAL ESTATE HOMEWARDData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Lakeview
Municipality
Mississauga

Building

Size
1000-1199 sqft
Construction
Brick

Inside

Bedrooms
3
Bathrooms
2
Bathroom Details
1 × 4pc Main, 1 × 4pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
The monthly maintenance includes everything; Water/Heat/Electricity/Internet/Cable Tv.
Condo maint.
$1,055

Rooms

RoomSizeFeaturesLevel
Foyer2.23 × 3.57 mDouble Closet, Linen Closet, Parquet FloorMain
Living3.81 × 4.55 mW/O To Balcony, Combined W/Dining, South ViewMain
Dining2.2 × 4.55 mCombined W/Living, Open Concept, Parquet FloorMain
Kitchen2.03 × 2.55 mStainless Steel Appl, B/I Shelves, Eat-In KitchenMain
Primary4.49 × 4.88 m4 Pc Ensuite, W/I Closet, South ViewMain
2nd Br3.03 × 3.9 mCloset, Large Window, Parquet FloorMain
3rd Br3.05 × 3.9 mCloset, Large Window, Parquet FloorMain
Laundry2.05 × 1.57 mSeparate Rm, B/I Shelves, Ceramic FloorMain

Listing history

Buy/sell history for 1505-1515 Lakeshore Rd, Mississauga, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$539,900N/AScW14082176

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $107,980

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$107,980
Total mortgage amount
$431,920
Total interest payment
$307,280
Total purchase cost
$847,180
Mortgage payment
$2,464/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

31%

Monthly carrying cost

$3,826
−$326per month
  • Rent $3,500
  • Shortfall $326

Rental income opens at $3,500, the median asking rent of 5 comparable homes for lease in Lakeview. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$7,273
Total land transfer tax
$7,273
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$3,273
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $539,900
$2,798
Ontario total
$7,273

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

14 records · 6 on fileRead 2026-11-02
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 9.6 kmNearest rail line: 150 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Alectra Utilities CorporationWired internet 50/10 Mbps or faster is listed at a household 100 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 9.6 km9.6 km

Province of Ontario open data

Around the home2

  • Nearest rail line: 150 m150 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is FCA Canada Inc. — Etobicoke Casting Plant, 1.0 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Alectra Utilities CorporationAt the address
  • Wired internet 50/10 Mbps or faster is listed at a household 100 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (100 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.100 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

The market

Condos for sale in Lakeview right now

For sale now
38
Median asking price
$704K

Middle half: $548K to $865K

New in 7 days
2

16 in 28 days

Price cuts
24%

9 listings

This home is asking 23% below the median, lower than three quarters of them.

See all homes in Lakeview

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
Long Branch GOGO Transit train: Lakeshore West400 m
Dixie GOGO Transit train: Milton3.2 km
Port Credit GOGO Transit train: Lakeshore West4.7 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
École élémentaire Micheline-Saint-CyrConseil scolaire ViamondeFrench-language public · grades JK–6400 m76%Grade 6 average
St Josaphat Catholic SchoolToronto CDSBCatholic · grades JK–8400 m66%Grade 6 average
Sir Adam Beck Junior SchoolToronto DSBPublic · grades JK–5 · French Immersion1.5 km86%Grade 3 average
James S Bell Junior Middle SchoolToronto DSBPublic · grades JK–81.6 km80%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
St Paul Secondary SchoolDufferin-Peel CDSBCatholic · grades 9–122.2 km72%Grade 9 math
Cawthra Park Secondary SchoolPeel DSBPublic · grades 9–122.4 km65%Grade 9 math
Father John Redmond Catholic Secondary SchoolToronto CDSBCatholic · grades 9–122.7 km75%Grade 9 math
Lakeshore Collegiate InstituteToronto DSBPublic · grades 9–12 · French Immersion2.8 km42%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Lakeview are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record