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    1485 Lakeshore Road E

    Lakewood on the Park Condos
    Write a Review
    3for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    12
    Number of Units:
    209
    Condo Completion:
    1990
    Condo Demand:
    High
    Unit Size Range:
    649 - 1,328 SQFT
    Unit Availability:
    Medium

    Listing History for Lakewood on the Park Condos

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    Amenities

    Concierge
    Security System
    Lap Pool
    Tennis Court
    Rooftop Deck
    Gym Room

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Excluded
    Air Conditioning

    About 1485 Lakeshore Road ELakewood on the Park Condos

    Nestled in the scenic Lakeview neighbourhood of Mississauga — Lakewood on the Park Condos is a 12 storey tower, comprising 209 suites. The tower is situated directly beside Orchard Hill Park, and only minutes from a network of walking paths at Marie Curtis Park.

    This tower resides on large grounds that include both indoor and outdoor amenities: there are tennis courts and manicured gardens, picnic tables and a small playground. Residents enjoy shared access to a rooftop deck with lounge seating, a fitness room, a games room with billiards, and a party room.

    Price per square foot is roughly around average for the neighbourhood, and while condo fees are high for the area — fees cover heat, hydro, and water. Units in this residence cater to a wide demographic, but families and empty nesters will probably feel most at home here.

    The Suites

    Spacious is a word that gets thrown around a lot in real estate, but when a building has 1 bedroom floor plans that start at 650 square feet and reach up to 827 square feet — spacious is justified. And it’s not just the 1 bedroom condos that are above average in terms of size, 2 bedroom plus den units can be as large as 1300 square feet.

    These Mississauga condos are bright with natural light that beams in through the many windows in each unit. Suites come equipped with hardwood flooring, and most units have modern kitchens that feature stone countertops and stainless steel appliances; as with an older condo, there’s potential for a fixer upper.

    The large bedrooms grant space to stretch out and unwind, and some units have walk-in closets in the main bedroom. Bathrooms continue the theme of more square footage and while the bathroom tile could be dated, these units have excellent bones for a reno.

    The Neighbourhood

    1485 Lakeshore Rd E is located in a beautiful stretch of Lakeview, sandwiched between Lakeview Golf Course and Marie Curtis Park; condo residents can walk to this expansive park in just minutes for picturesque walking trails or a picnic on the sandy beach; there’s also an off-leash dog park.

    Because these condos are somewhat isolated by green spaces, residents will need a vehicle to shop and dine. An assortment of eateries await to the east on Lakeshore, from cozy coffee shops like Fair Grounds Organic Café & Roastery to authentic burger joints — Woody's Burgers is a local favourite — to fine-dining at Pulcinella Ristorante & Wine Bar.

    Shopping can be found within the neighbourhood to the north at the Dixie Outlet Mall, which hosts a variety of factory outlets for name brand clothing retailers. There are stores closer to home on Lakeshore Rd; a Dollarama and an LCBO, and some specialty shops as well.

    Transportation

    Residents of 1485 Lakeshore Rd E will probably want to run errands in a vehicle. There’s a bus stop only minutes away on Lakeshore Rd for travel within the neighbourhood. Commuters are only a 10 minute walk from Long Branch GO for train service into downtown Toronto.

    Drivers can avoid most residential streets on their morning commute by going east on Lakeshore and then north on Brown’s Line for the QEW.

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    Explore Lakeview

    4/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    21,014
    Average Individual Income
    $59,079
    Average Household Size
    2 persons
    Average Age
    41
    Average Household Income
    $108,994
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    20%
    50 - 64
    21%
    65+
    15%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    29%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    42%
    Semi Detached
    28%
    High Rise Apartment
    13%
    Low Rise Apartment
    8%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    77%
    Other
    9%
    Punjabi
    7%
    Spanish
    2%
    Mandarin
    2%
    Tagalog
    1%
    Hindi
    1%
    Urdu
    1%
    Education
    High School
    31%
    University and Above
    24%
    College
    21%
    None
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    2%

    Maintenance Fees

    Lakewood on the Park Condos vs The Lakeview Area

    Days on Strata

    Units at Lakewood on the Park Condos spend an average of
    32
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    6%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Lakeview

    Turnover of Units

    On average, each unit is owned for
    8.3
    YEARS before being sold again

    Property Value

    0%
    Decrease in property value within the past twelve months

    Price Ranking

    9th
    Highest price per SQFT out of 22 condos in the Lakeview area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    Lakewood on the Park Condos offers the
    ?
    best value out of 22 condos in the Lakeview neighbourhood

    Appreciation Rank

    Lakewood on the Park Condos has the
    ?
    highest ROI out of 22 condos in the Lakeview neighbourhood

    Rental Yield

    Lakewood on the Park Condos yields the
    ?
    highest rent prices out of 22 condos in the Lakeview neighbourhood

    High Demand

    Lakewood on the Park Condos is the
    ?
    most popular building out of 22 condos in the Lakeview neighbourhood

    Transaction Insights at 1485 Lakeshore Road E

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$460,000 - $490,000$555,000 - $605,000$590,000 - $620,000$571,100 - $720,000No Data
    Avg. Cost Per Sqft$684$663$541$554No Data
    Avg. Wait for Unit Availability192 Days140 Days118 Days104 Days416 Days
    Ratio of Units in Building11%26%25%39%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Lakeview