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$490K · 2 bed Condo Apartment · Lakeview, Mississauga | MyPropertyScout

$490,000

Unit PH #8

21OwnerOccupied

Map

↓ $9,000

$490,000

A●●○○○DOM103days

Unit PH #8

1100 Caven Street · Mississauga · Ontario L5G 4N3

MLS® W12883496 · Lakeview · L5G 4N3

21OwnerOccupied600-699 ft²Condo Apartment1-car Underground103d$754/ft²$2,295 tax/yr

15% below market · regional est. · 103 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Bright, spacious, and filled with natural light, this penthouse end-unit apartment in the sought-after Lakeview community offers spectacular views of the Toronto skyline and Lake Ontario. Enjoy elevated living in a vibrant neighborhood known for its waterfront lifestyle, parks, and welcoming family atmosphere. This well-designed unit features 2 generous bedrooms and 1 full washroom, making it an ideal home for first-time buyers, professionals, small families, or investors. The interior has been…

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Property details

MLS#: W12883496
Status: Buy Now
Beds: 2
Baths: 1 full, 0 half
Size: 600-699
Style: Apartment
Type: Condo Apartment
Year built: —

View: City, Downtown, Lake, Skyline

Condo corp #: 94
Balcony: Open
Locker: Ensuite
Association amenities: Bike Storage, Car Wash, Outdoor Pool, Party Room/Meeting Room, Recreation Room, Sauna
Fees include: Heat Included, Common Elements Included, Hydro Included, Building Insurance Included, Water Included, Parking Included, Cable TV Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Other
Cooling: Wall Unit(s)
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Cawthra/Lakeshore
Basement: None
Stories: 14
Utilities: —
Laundry: In Building
Interior: Carpet Free, Storage Area Lockers
Parking features: Reserved/Assigned

Rooms

Level	Room	Dimensions
Flat	Living Room	3.52m × 5.6m
Flat	Dining Room	2.52m × 3.2m
Flat	Kitchen	2.4m × 2.9m
Flat	Primary Bedroom	3.3m × 3.54m
Flat	Bedroom 2	2.67m × 2.9m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: ROYAL LEPAGE MEADOWTOWNE REALTY

Source: TRREB/PROPTX · MLS® W12883496

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$490K

Unit PH #8 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $490,000✓ $2,295 tax✓ Other✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,591/mo

incl. closing costs (yr 1)

Annual total

$55,086

year 1

Mortgage only

$1,859/mo

principal + interest

Beyond mortgage

$1,750/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$98,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$191/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~650 ft² · ON avg ~$75/mo · assumes gas heat

Other$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,900/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$60/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,275

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)40% $22,307/yr

Property taxes16% $8,570/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,900/yr

Condo fees16% $8,649/yr

Closing costs9% $5,100/yr

Mortgage is 40% of your true cost of ownership. The other 60% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$22,307	$1,859/mo
Government & taxes
Property tax	$2,295	$191/mo
Land transfer tax(closing)	$6,275	$523/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Other	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,900	$408/mo
Condo fees
Condo / HOA fees	$8,649	$721/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$55,086	$4,591/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit PH #8

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs