885 Lakeshore Rd 8
Lakeview, Mississauga, L5E 1E2
FOR SALE
$699,888
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BEDROOMS2
BATHROOMS1
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Property Description
Welcome to your ideal new home a charming condo townhouse perfectly situated near the Lakefront Promenade, offering a blend of comfort and convenience for first-time buyers, young families, and busy professionals alike. The inviting space is ideal for both relaxing and entertaining, featuring hardwood flooring throughout, large windows to soak in the natural light and a large rooftop terrace with a gas hookup for BBQ. Perfectly located for easy access to local amenities, parks, lake and excellent restaurants, this property is an ideal choice for those seeking a blend of convenience and lifestyle. With its low-maintenance living and prime location, this is a fantastic opportunity to step into homeownership with ease. Dont miss your chance to make this wonderful property your new home!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-09 | 2024-08-21 | 12 | $729,000 | - | Terminated |
| 2024-06-22 | 2024-08-09 | 48 | $779,900 | - | Terminated |
| 2024-05-03 | 2024-06-22 | 50 | $799,999 | - | Terminated |
| 2020-01-11 | 2020-03-08 | 57 | $2,400 | $2,400 | Leased |
| 2019-06-17 | 2019-09-24 | 99 | $2,500 | $2,500 | Leased |
Nearby Intersections
Lakeshore & Cawthra (106)
Cawthra & QEW (106)
Property Features
Golf, Lake/Pond, Marina, Other, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Townhouse, Multi-Level
Approximate Sq.Ft.
1200-1399
Taxes
$2,318 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Other
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned
Garage Type
Other
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Main | 12.01' x 15.39' | |
| Br | Main | 10.10' x 11.98' | |
| Kitchen | Main | 8.99' x 12.57' | |
| Living | Main | 15.58' x 22.51' | |
| Dining | Main | 15.58' x 22.51' | |
| Den | Upper | 7.05' x 11.15' |
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Mississauga Market Statistics
Mississauga Price Trend
885 Lakeshore Rd 8 is a 2-bedroom 2-bathroom townhome listed for sale at $699,888, which is $23,845 (3.3%) lower than the average sold price of $723,733 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom townhome in Mississauga increased by $38,295 (5.6%) compared to the previous 30 day period (July 20 - August 18) and up $23,295 (3.3%) from the same time one year ago.Inventory Change
There were 45 2-bedroom townhomes listed in Mississauga over the last 30 days (August 19 - September 17), which is down 2.2% compared with the previous 30 day period (July 20 - August 18) and up 9.8% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Mississauga typically sold $634 (0.1%) above asking price over the last 30 days (August 19 - September 17), which represents a $8,228 increase compared to the previous 30 day period (July 20 - August 18) and $4 more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom townhomes in Mississauga over the last 30 days (August 19 - September 17) stood at 33.3%, down from 45.7% over the previous 30 days (July 20 - August 18) and down from 63.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom townhome in Mississauga stood at 24 days when successfully sold over the last 30 days (August 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max West Realty Inc.
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