885 Lakeshore Road E, Unit 5
885 Lakeshore Road E, Unit 5
$775,000
$912/sq ft · 63 days on market
About This Listing
Welcome to this rarely offered residential condo, a versatile mixed-use space zoned for both commercial and residential use, located in a boutique low-rise building in the heart of Lakeview. This ground-level unit is bright and airy with a loft-like appeal, making it ideal for those seeking a live/work environment. It features two separate entrances, prime Lakeshore Road retail exposure, and is currently tenanted by a commercial tenant until the end of Sep. The open-concept layout boasts soaring 10.5 ft ceilings, 2 bedrooms, and 2 baths, along with a full-size kitchen and ensuite laundry. The dedicated storefront area can serve as a home office, a third bedroom, or additional living space. A private patio and two designated direct parking spots enhance the convenience of this property. Perfectly located just steps from Lakefront Promenade Park and Marina, minutes from the vibrant Port Credit area, and with quick access to Long Branch GO Station for a 25-minute commute to downtown Toronto.
Amenities
| Monthly Mortgage (P&I) | $3,377 |
| Property Tax (MLS) | $375 |
| Maintenance Fees | $395 |
| Total Monthly Cost | $4,147 |
Down payment: $155,000 (20.0%) · Mortgage: $620,000
Property tax uses MLS annual tax of $4,500/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by CHESTNUT PARK REAL ESTATE LIMITED
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Data last updated: August 22, 2026 at 06:25 p.m.