Welcome to the Lakewood by the Park. This beautifully maintained condominium Building located in a very desirable area, freshly painted 2 bedrooms plus solarium condo with a great view. Large Primary bedroom has large window and double door closet; second bedroom has access to solarium/den. Open concept living & dining combined. Ideal for a small family or a retiring couple looking to downside from a large home. Comes with 2 exclusive large separate underground parking spots side by side plus a spacious locker. Living, Dining with access to solarium/den perfect for a home office. Building amenities make this suite that much more attractive, offering a tennis court, rooftop deck with a beautiful view of Toronto, family spa. gym, complete with sauna, and a great deal of visitors parking spots. Located on the edge of Mississauga and Etobicoke. Walking distance to Long Branch Go train station. TTC. MiWay, Highways, downtown Toronto, across from Marie Curtis Park, Lakefront Trails, Close to Hwy 427/QEW and Pearson Airport.
2 bedrooms, 1 bathroom, about 1,000 sq ft, works out to roughly $450 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 1485 Lakeshore Rd E #518
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1000-1199 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
1485 Lakeshore Rd E #518 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14080934$450,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1485 Lakeshore Rd E #518 Compares to the Mississauga Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,211
/mo
based on the purchase price of $450,000
$90,000 cash
$360,000 financed
$303,214 total interest
Principal54%$360,000
Interest46%$303,214
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Mississauga
Other 1–2 bed homes for sale in Mississauga around $450K.
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.6%On average, homes sold below asking.
Active listings3,011Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 2,189 sales from Jul 17 – Oct 15, 2026 (1,567 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
2 for sale · 1 for rent at 1485 Lakeshore Rd E — plus its sale and lease history.
1485 Lakeshore Rd E #518 is listed at $450,000 (MLS® W14080934). Summitly updates the price as soon as the MLS® record changes.
Is $450,000 a good price for 1485 Lakeshore Rd E #518?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Mississauga. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1485 Lakeshore Rd E #518 changed?
No — 1485 Lakeshore Rd E #518 is still listed at its original asking price of $450,000.
How many bedrooms and bathrooms does 1485 Lakeshore Rd E #518 have?
1485 Lakeshore Rd E #518 has 2 bedrooms and 1 bathroom, with about 1,000–1,199 square feet of living space. It is a condo in Mississauga.
Is 1485 Lakeshore Rd E #518 close to transit?
The nearest rapid-transit station is Long Branch GO Station (Lakeshore West GO), about 590 m (about a 7-minute walk) in a straight line. Dixie GO Station is about 3.1 km, and Port Credit GO Station is about 4.6 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 1485 Lakeshore Rd E #518?
About $2,211 a month — principal and interest on $450,000 with 20% down ($90,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1485 Lakeshore Rd E #518 compare with other homes in Mississauga?
Its asking price of $450,000 is about 49% below the median sold price in Mississauga over the last 90 days, $880,000, across 2,189 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1485 Lakeshore Rd E #518 been sold before?
Summitly has no earlier MLS® sale or lease of 1485 Lakeshore Rd E #518 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1485 Lakeshore Rd E #518?
1485 Lakeshore Rd E #518 is in Mississauga, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1485 Lakeshore Rd E #518 been on the market?
3 days — 1485 Lakeshore Rd E #518 was listed on October 12, 2026.
What is the price per square foot of 1485 Lakeshore Rd E #518?
About $375 to $450 per square foot: the asking price of $450,000 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 1485 Lakeshore Rd E #518 have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
