588 Rapids Lane, Mississauga, Ontario L5G 0A9

Listed for:
$1,488,000
3 beds
5 baths
Listed 5 days ago
Row / Townhouse for rent: 588 Rapids Lane, Mississauga, Ontario L5G 0A9

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About

Cross Streets: Cawthra/Lakeshore Rd. ** Directions: Lakeshore Rd East and west of Cawthra on the north side. 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. (id:27476)

Property Highlights

MLS® Number
W12818618
Type
Single Family
Community Name
Lakeview
Ownership Type
Freehold
Land Size
16 x 50 FT ; Irregular As Per Survey
Parking Space Total
2

Building

Building Type
Row / Townhouse
Storeys
3.00
Square Footage
3000 - 3500 sqft
Bathrooms Total
5
Bedrooms Above Ground
3
Bedrooms Total
3
Amenities
Park, Public Transit, Schools
Exterior Finish
Brick
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Primary Bedroom
Second level
4.69 m x 3.81 m
Bedroom 2
Second level
3.93 m x 3.05 m
Kitchen
Main level
4.57 m x 4.33 m
Living room
Main level
6.15 m x 4.69 m
Dining room
Main level
6.15 m x 4.69 m
Bedroom 3
Ground level
4.33 m x 3.02 m

Location

Learn more about this property
Listing provided by:
Royal Lepage Real Estate Associates
MLS® number:
W12818618
Agent:
Dani Habbal
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