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Townhouse · Listed 23 days ago

560 Rapids Mississauga,ON L5G 0A9

Mississauga, ON, Canada

3 Beds5 Baths2,500–2,500 sqft2018 Built

List price

$1,800,000

Why This Property?

At 560 Rapids Lane, this Lakeview live/work townhome pairs 2,032 sq ft of bright living space with 3 bedrooms and 5 bathrooms, plus two rooftop terraces, a balcony, and a side yard on a 30 x 67 ft lot. A separate commercial unit of about 775+ sq ft fronts Lakeshore Road and is currently tenanted.

Facts & Features

Highlights

  • balcony
  • terrace
  • rooftop

Bedrooms & bathrooms

  • Bedrooms: 3
  • Bathrooms: 5
  • Full: 5
  • Half: 0

Living Area

  • 2,500–2,500 sqft

Stories

Lot size

  • 0.6 acres

Year built

  • 2018

Property type

  • Townhouse

Standard status

  • Active

Cooling

Heating

View

    Utilities

      Water / Sewer

      About This Property

      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.

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      MLS® TRREB · Listing #W13811248

      Frequently Asked Questions

      Everything you need to know about valuing and buying with RealOrca.

      What makes this Lakeview property unusual?
      It combines a 3-bedroom, 5-bath corner townhome with a separate commercial unit of about 775+ sq ft on Lakeshore Road, creating a live/work setup.
      What local amenities are tied to the Lakeview area?
      Lakeview is centered on Lakeshore Road and is close to waterfront parks and trails, with Lakeview Village redevelopment adding new housing, parks and trail connections.
      What should buyers know about purchasing a townhouse in Mississauga?
      When buying a townhouse in Mississauga, it helps to compare freehold and condo townhouses, review monthly fees if applicable, and confirm what maintenance is covered. Buyers should also look at commute options, nearby schools, parking, storage, and any rules related to renovations or shared spaces. A local real estate professional and lawyer can help review status documents, title, and closing requirements.
      Which Mississauga neighbourhoods are popular for townhouse living?
      Mississauga offers a range of townhouse-friendly neighbourhoods depending on lifestyle. City Centre appeals to buyers who want urban convenience near shopping, dining, and transit. Erin Mills, Meadowvale, and Rathwood are often chosen for their established residential feel, parks, and family-oriented amenities. Port Credit can appeal to those who want a more walkable, waterfront setting.
      What features are common in townhouses in Mississauga?
      Townhouses in Mississauga often include multi-level layouts, attached garages or surface parking, private entrances, and small outdoor spaces such as patios or backyards. Many developments also offer open-concept main floors, multiple bedrooms, and lower-level flex space that can be used for storage, recreation, or a home office. Features vary by age of the community and whether the property is freehold or condominium.
      Is Mississauga a good city for families looking for a townhouse?
      Mississauga is often considered a strong choice for families because it combines residential neighbourhoods with schools, parks, libraries, community centres, and everyday shopping. Many townhouse communities are located near green space and recreation options, which can support an active lifestyle. Buyers often look at proximity to schools, playgrounds, and commuting routes when choosing the right area.