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$1,549,900
New Listing

588 Rapids Lane
Mississauga, ON L5G 0A9

For Sale|Townhouse|Active
3
Beds
5
Total Baths
County:
Peel
Call Now: 416-570-8405
Is this the listing for you? We can help make it yours.
416-570-8405
588 Rapids Lane588 Rapids Lane588 Rapids Lane588 Rapids Lane
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Monthly Payment (Est.)

$7,071
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Great live work, Potential to designate second commercial rental space just up the staircase. Exceptional opportunity to own a spacious 2,439 sq. ft. townhome plus a 725 sq. ft. commercial unit (3,164 sq/ft total). The retail space is currently tenanted, providing immediate rental income.The bright, open-concept home features a modern upgraded kitchen with centre island and stainless steel appliances, a walk-out balcony from the living room, pot lights, quality flooring, and a sleek glass-accent staircase. All three bedrooms offer private ensuites, including a primary suite with balcony walk-out. Enjoy a rooftop terrace with gas BBQ hookup.Includes garage + driveway parking (2 spaces) and limited onsite visitor parking.Prime location just west of Cawthra near Lakeshore Rd. E., steps to plaza amenities (McDonald's, Shoppers, Dollarama) and close to GO Transit, schools, parks, and more. A perfect blend of lifestyle and investment potential.

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Listing Snapshot
Price 
$1,549,900
Days On Site 
0 Days
Bedrooms 
3
Inside Area (SqFt) 
N/A
Total Baths 
5
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
W12818618
Status 
Active
Property Tax 
$10,141.45
Maintenance Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 hours agoListing first seen on site
8 hours agoListing updated with changes from the MLS®
General Features
Attached Garage 
Yes
Cross Street 
Cawthra/Lakeshore Rd
Direction Faces 
East
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
3
Parking 
PrivateAttached
Parking Spaces 
2
Property Condition 
New Construction
Property Sub Type 
Townhouse
Style 
3-Storey
Water Source 
Public
Interior Features
Basement 
None
Cooling 
Central Air
Heating 
Natural GasForced Air
Interior 
Central Vacuum
Main Level Bedrooms 
1
Bedroom 2 
Dimensions - 3.93 x 3.05Level - SecondArea - 11Area Source - OtherArea Units - Square MetersDescription - Bedroom 2
Bedroom 3 
Dimensions - 4.33 x 3.02Level - FirstArea - 13Area Source - OtherArea Units - Square MetersDescription - Bedroom 3
Dining Room 
Dimensions - 6.15 x 4.69Level - MainArea - 28Area Source - OtherArea Units - Square MetersFeatures - Open FloorplanDescription - Dining Room
Kitchen 
Dimensions - 4.57 x 4.33Level - MainArea - 19Area Source - OtherArea Units - Square MetersFeatures - Eat-in Kitchen, Granite CountersDescription - Kitchen
Living Room 
Dimensions - 6.15 x 4.69Level - MainArea - 28Area Source - OtherArea Units - Square MetersFeatures - Open FloorplanDescription - Living Room
Master Bedroom 
Dimensions - 4.69 x 3.81Level - SecondArea - 17Area Source - OtherArea Units - Square MetersDescription - Primary Bedroom
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Exterior Features
Construction Details 
Brick
Lot Features 
GreenbeltIrregular Lot
Pool Features 
None
Roof 
Other
Community Features
MLS Area 
Mississauga
Listing courtesy of Royal Lepage Real Estate Associates

Listing information is provided by Participants of the Toronto Real Estate Board. VOW information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Toronto Real Estate Board
Last checked 2026-02-25 11:00 PM UTC

Neighborhood & Commute
Source: Walkscore
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