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$1,650,000
6 Days On Site

588 Rapids Lane
Mississauga, ON L5G 0A9

For Sale|Townhouse|Active
3
Beds
4
Total Baths
County:
Peel
588 Rapids Lane588 Rapids Lane588 Rapids Lane588 Rapids Lane
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Monthly Payment (Est.)

$7,528
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Extremely Unique Luxury Townhome has the wonderful presence located on Rapids Lane and it is described as a Live-Work unit because the Townhouse is 2,439 Sq ft plus a separate 725 Sq Ft Commercial Unit on the back main level side of the building facing Lagoon Street. This beautiful townhome has a lovely design with a spacious Living room offering a w/o balcony plus a Dining room area. The large modern Kitchen offers upgraded cabinets, centre island, backsplash and trim plus stainless steel fridge, stove, B/I microwave and B/I dishwasher. Some added features throughout are highlighted by bright pot-lights, tile and quality laminate flooring and a fashionable staircase with glass inserts. You can enjoy 3 Bedrooms; the 2nd level primary bedroom with a 3 pc ensuite to include shower plus it has a walk out to a private balcony. The private 2nd bedroom provides a 4pc ensuite bath while the ground level features the 3rd bedroom and it is equipped with a 3pc ensuite. This Townhome features a roof top terrace which has a gas barbecue hookup. The attached garage and driveway provides 2 parking spaces for the Townhome. This location is well known and a popular spot with direct access to the Strip Mall across the road for the McDonald's, Shoppers Drug Mart, Dollarama and other fine stores. The high traffic space for this townhouse commercial space is super convenient due to the proximity of Lakeshore Rd. E. It is just west of Cawthra on the west side of Lakeview. The commercial tenant pays a monthly fee plus hydro. There are some designated parking spaces available onsite as a first come first serve basis for 5 live-work units. The area is known for its amenities and easy commute to Toronto with the Go Transit system available either in Etobicoke or at the Port Credit Go Station at Hurontario and Lakeshore. The location is known for excellent schools, shopping, parks and recreation.

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Listing Snapshot
Price 
$1,650,000
Days On Site 
6 Days
Bedrooms 
3
Inside Area (SqFt) 
N/A
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
W12650306
Status 
Active
Property Tax 
$10,141.45
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 days agoListing updated with changes from the MLS®
7 days agoListing first seen on site
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
Interior Features
Basement 
None
Cooling 
Central Air
Heating 
Natural GasForced Air
Interior 
Central Vacuum
Bedroom 2 
Dimensions - 3.93 x 3.05Level - SecondArea - 11Area Source - OtherArea Units - Square MetersDescription - Bedroom 2
Bedroom 3 
Dimensions - 4.33 x 3.02Area - 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
Listing courtesy of RE/MAX REALTY ENTERPRISES INC.

Listing information is provided by Participants of the Toronto Real Estate Board. IDX 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 2026-01-02 07:42 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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