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588 Rapids Lane
Lakeview Mississauga L5G 0A9

$1,650,000
Residential Freehold beds: 3 baths: 4.0

Main Photo: 588 Rapids Lane in Mississauga: Lakeview House for sale : MLS®# W12650306
Photo 1: 588 Rapids Lane in Mississauga: Lakeview House for sale : MLS®# W12650306
Photo 2: 588 Rapids Lane in Mississauga: Lakeview House for sale : MLS®# W12650306
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Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
W12650306
Bedrooms:
3
Bathrooms:
4
Extremely Unique Luxury Townhome has the wonderful presence located on Rapids Lane and it is 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 and recreation.
Property Type:
Residential Freehold
Property Sub Type:
Att/Row/Townhouse
Property Attached:
Yes
Home Style:
3-Storey
Approx. Age:
6-15
Total Approx Floor Area:
2500-3000
Lot Depth:
50'
Lot Frontage:
16'
Lot Shape:
Rectangular
Lot Details:
16.00 x 50.00 Feet (Irregular As Per Survey)
Direction Faces:
East
Bedrooms:
3
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
3
Kitchens Above Grade:
1
# Main Level Bedrooms:
1
# Main Level Bathrooms:
0
Rooms Above Grade:
6
Rooms:
6
Heating type:
Forced Air
Heating Fuel:
Gas
Cooling:
Yes
New Construction:
Yes
Foundation:
Concrete
Roof:
Other
Basement:
None
Fireplace/Stove:
No
Attached Garage:
Yes
Garage:
Attached
Garage Spaces:
1.0
Parking Features:
Private
Parking Spaces:
1
Total Parking Spaces:
2.0
Family Room:
No
Possession Details:
Flexible
Lot Irregularities:
Irregular As Per Survey
Pool:
None
HST Applicable To Sale Price:
Included In
Development Charges Paid:
No
Taxes:
$10,141.45 / 2025
Assessment:
$- / -
Peel
Mississauga
Lakeview
Greenbelt/Conservation, Park, Public Transit, School
Irregular Lot
Central Vacuum
Hot Water Tank
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,
Water Heater
Brick
No
Floor
Type
Size
Other
Main
Kitchen
15' × 14'2½"
Eat-in Kitchen, Stainless Steel Appl, Granite Counters
Main
Living Room
20'2" × 15'5"
Laminate, Open Concept, W/O To Balcony
Main
Dining Room
20'2" × 15'5"
Laminate, Open Concept, Combined w/Living
Second
Primary Bedroom
15'5" × 12'6"
3 Pc Ensuite, W/O To Balcony, Double Closet
Second
Bedroom 2
12'11" × 10'
Laminate, Closet, 4 Pc Ensuite
Ground
Bedroom 3
14'2½" × 9'11"
Laminate, Closet, 3 Pc Ensuite
Utilities Gas:
Yes
Utilities Hydro:
Yes
Utilities Water:
Yes
Sewers:
Yes
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Central Air
Central Vacuum:
Yes
Seller Property Info Statement:
No
Laundry Level:
Upper Level
Date Listed:
Dec 27, 2025
Original Price:
Previous Price:
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Listed by RE/MAX REALTY ENTERPRISES INC.
Data was last updated December 27, 2025 at 04:15 AM (UTC)
Area Statistics
Listings on market:
41
Avg list price:
$938,000
Min list price:
$739,990
Max list price:
$1,199,000
Avg days on market:
64
Min days on market:
11
Max days on market:
477
These statistics are generated based on the current listing's property type and located in Mississauga. Average values are derived using median calculations. This data is not produced by the MLS® system.
JIM STANTON
BEN STANTON
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.