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Maria Tompson Sales Representative pic sales@bestforagents.com Your Company Name, Brokerage Independently owned and operated. pic 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8 pic Office: 416-548-7854 | Toll Free: 1-866-382-2968 | Fax: 416-981-7184 | Cell: 416-548-7854

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$1,599,000
Available - For Sale
Listing ID: W12705658
Retail Space is Tenanted see details below and Townhouse is Owner Occupied - OFFICIAL PLAN DESIGNATED - MIXED USE Extremely Unique Luxury Townhome has a separate 725 Sq Ft Commercial Unit on the back side of the building facing Lagoon Street. This residential townhouse is located on Rapids Lane is 2,439 Sq ft on Rapids Lane and 1-3 pc bathroom - 2 sinks and 1 toilet. This location is amazing with a big box store Strip Mall across the road; McDonald's, Shoppers Drug Mart, Dollarama and other fine stores. This high traffic space for the this commercial space is super convenient and an excellent investment with PASSIVE INCOME $47,460 per year, the commercial tenant pays a $3,500 monthly fee plus hydro. Note: Designated parking spaces available onsite. The gorgeous Townhome features a spacious Living room, w/o balcony and Dining room. Kitchen offers upgraded cabinets, centre island, backsplash, trim and stainless steel fridge, stove, B/I microwave, B/I dishwasher plus upgraded pot-lights, tile, quality laminate flooring plus a gorgeous staircase with glass inserts > 3 Bedrooms; the 2nd level primary bedroom w/3 pc ensuite, shower and walk out to private balcony. The 2nd bedroom has a a 4pc ensuite bath. 4 Bathrooms in total. Lakeview is an area 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. Note: the Rooftop terrace has a gas barbecue hookup and the built-in garage and single driveway which provides 2 parking spaces for the Townhome.
Price $1,599,000
Taxes: $10,141.45
Tax Type: Annual
Assessment Year: 2025
Monthly Condo Fee: $150
Occupancy by: Owner+T
Address: 588 Rapids Lane , Mississauga, L5G 0A9, Peel
Postal Code: L5G 0A9
Province/State: Peel
Legal Description: Pt Blk 21 Pl 43M2003 Pts 130,230,311 & 2
Directions/Cross Streets: Lakeshore Rd. & Cawthra Rd.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Category: Retail
Use: Other
Building Percentage: T
Total Area: 3,164
Total Area Code:  Square Feet
Office/Appartment Area: 2439
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Approximatly Age: 0-5
Franchise: F
Maintenance: 0
Sprinklers: No
Rail: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary
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Asking Price: $ Heating: $ /Year  
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RE/MAX REALTY ENTERPRISES INC.

588 Rapids Lane , Mississauga, L5G 0A9, Peel

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Maria Tompson
Sales Representative
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Type: Com - Commercial Retail
Area: Peel
Municipality: Mississauga
Neighbourhood: Lakeview
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Lot Size: x 60.00(Feet)
Approximate Age: 0-5
Tax: $10,141.45
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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