The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
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.
Property Details
Listing
MLS® number
W13811248
Status
For Sale
Listed
Sep 21, 2026
Last updated
Oct 29, 2026
Possession
Flexible
Building
Type
Townhouse
Style
3-Storey
Approx. age
6-15
Approx. size
2,000–2,500 ft²
Basement
None
Lot
Frontage
30.81 ft
Depth
67.81 ft
Lot area
≈ 2,089 ft² (calculated)
View
South
Community
Lakeview
Parking & utilities
Garage
Attached, Garage, 1 space
Driveway
Private, 1 space
Heating
Forced Air
Cooling
Central Air
Water / sewer
Not provided by brokerage
Taxes
Property tax
$15,409 / 2026
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
ROYAL LEPAGE REALTY PLUS
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 3
Kitchens: 1 above grade
Basement: None
Heating: Forced Air
Cooling: Central Air
Central vacuum: Yes
Exterior
Pool features: None
Property features: Fenced Yard, Greenbelt/Conservation, Park, Public Transit, School, Terraced
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$8,018/mo
Mortgage (principal + interest)$6,734
Property taxFrom listing: $15,409/yr$1,284
Minimum 20% ($360,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$360,000
Ontario land transfer taxProvincial brackets, no first-time refund$32,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$395,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Mississauga has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
