560 Rapids Lane is a 3-bedroom, 3-bathroom townhouse in Mississauga, listed for $1,800,000. It has 2000-2500 sq ft of living space.
1This Exceptional Corner Unit Live/Work Townhome Offers A Rare Combination Of Spacious Living, A Separate Commercial Unit And Beautiful Views Of Cooksville Creek And Natural Green Space.
2Enjoy Two Rooftop Terraces, Offering Additional Outdoor Living Space And Views Of The Surroundings.
3The Corner Location Provides A Side Yard And A Large 30 x 67 Ft Lot.
Welcome To 560 Rapids Lane! This Exceptional Corner Unit Live/Work Townhome Offers A Rare Combination Of Spacious Living, A Separate Commercial Unit And Beautiful Views Of Cooksville Creek And Natural Green Space. The Main Townhome Offers 2,032 Sq Ft Of Bright, Well-Designed Living Space With 3 Bedrooms, 5 Bathrooms, An Abundance Of Windows And A Balcony Off The Bedroom. Enjoy Two Rooftop Terraces, Offering Additional Outdoor Living Space And Views Of The Surroundings. The Corner Location Provides A Side Yard And A Large 30 x 67 Ft Lot. The Separate Commercial Unit, Approximately 775+ Sq Ft, Is Located On The Main Level At The Back Of The Property And Fronts Lakeshore Road. The Commercial Space Is Currently Tenanted, Providing An Excellent Opportunity For An Owner-Occupier Or Investor. Ideally Located In Lakeview, Just West Of Cawthra, With Easy Access To Shopping, Parks, Recreation And Transportation. Close To Excellent Schools Including Cawthra Park Secondary School And Mineola Public School. A Unique Opportunity To Live, Work And Invest In One Desirable Location.
3 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $900 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.
Inside 560 Rapids Lane
Every detail from the listing, in one place.
Type
Townhouse
Style
3-Storey
Living space
2000-2500 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
3-Storey
Property class
Att/Row/Townhouse
560 Rapids Lane Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13811248$1,800,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 560 Rapids Lane Compares to the Mississauga Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$8,843
/mo
based on the purchase price of $1,800,000
$360,000 cash
$1,440,000 financed
$1,212,858 total interest
Principal54%$1,440,000
Interest46%$1,212,858
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.
Keep looking near 560 Rapids Lane
Homes for sale in Mississauga
Every active Mississauga MLS® listing, updated all day.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio97.6%On average, homes sold below asking.
Active listings2,981Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 3 – Aug 1, 2026: prices down.
Based on 2,097 sales from Aug 1 – Oct 30, 2026 (1,608 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
560 Rapids Lane is listed at $1,800,000 (MLS® W13811248). Summitly updates the price as soon as the MLS® record changes.
Is $1,800,000 a good price for 560 Rapids Lane?
Summitly rates it Well Above Market: the asking price is 15% or more above 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 560 Rapids Lane changed?
No — 560 Rapids Lane is still listed at its original asking price of $1,800,000.
How many bedrooms and bathrooms does 560 Rapids Lane have?
560 Rapids Lane has 3 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a townhouse in Mississauga.
Is 560 Rapids Lane close to transit?
The nearest rapid-transit station is Port Credit GO Station (Lakeshore West GO), about 1.9 km (about a 24-minute walk) in a straight line. Long Branch GO Station is about 3.4 km, and Dixie 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 560 Rapids Lane?
About $8,843 a month — principal and interest on $1,800,000 with 20% down ($360,000), 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 560 Rapids Lane compare with other homes in Mississauga?
Its asking price of $1,800,000 is about 106% above the median sold price in Mississauga over the last 90 days, $875,000, across 2,097 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 560 Rapids Lane been sold before?
Summitly has no earlier MLS® sale or lease of 560 Rapids Lane on record from the last two years. Older records aren't shown under TRREB rules.
Where is 560 Rapids Lane?
560 Rapids Lane is in Mississauga, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 560 Rapids Lane been on the market?
39 days — 560 Rapids Lane was listed on September 21, 2026.
What is the price per square foot of 560 Rapids Lane?
About $720 to $900 per square foot: the asking price of $1,800,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 560 Rapids Lane have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
