881 Lakeshore Road E Mississauga, Ontario L5E 1E2

5 Bedroom 3 Bathroom 1,500 - 2,000 sqft
Central Air Conditioning Forced Air

$999,000

Power of Sale. Property is being sold in "as is, where is". Exceptional opportunity to acquire a C4-zoned mixed-use property in the heart of Mississauga's rapidly evolving Lakeview community. Positioned on the prominent Lakeshore Road East corridor, this free-standing building offers outstanding visibility and a flexible layout suited to investors, owner-operators, or those seeking a live/work opportunity. The main level is currently configured for retail or professional office use and includes two additional rear rooms. The upper level features a self-contained one-bedroom residential unit, while the finished lower level offers a separate entrance and additional living space with in-law suite potential, subject to buyer verification. The property also features approximately 8-10 on-site parking spaces, an updated roof, and newer furnace and air conditioning. Concept drawings for a proposed three-storey mixed-use redevelopment are available for review, subject to all required municipal approvals. Ideally located on Lakeshore Road East with excellent exposure, the property is just minutes from Port Credit, the Lakeview Village waterfront redevelopment, public transit, major commuter routes, shopping, restaurants, and everyday amenities. (Includes some AI generated photos) (id:62616)

Property Details

MLS® Number W13531522
Property Type Multi-family
Community Name Lakeview
Parking Space Total 10

Building

Bathroom Total 3
Bedrooms Above Ground 3
Bedrooms Below Ground 2
Bedrooms Total 5
Appliances Two Stoves, Two Refrigerators
Basement Development Finished
Basement Type Full (finished)
Cooling Type Central Air Conditioning
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,500 - 2,000 Sqft
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 126 Ft
Size Frontage 32 Ft
Size Irregular 32 X 126 Ft
Size Total Text 32 X 126 Ft
Zoning Description C4

Rooms

Level Type Dimensions
Second Level Living Room 3.05 m x 5.41 m
Second Level Kitchen 4.11 m x 3.35 m
Second Level Bedroom 3 m x 6.07 m
Second Level Foyer 1.55 m x 0.86 m
Second Level Other 1.57 m x 1.57 m
Basement Recreational, Games Room 5.87 m x 9.98 m
Basement Utility Room 3.23 m x 2.93 m
Basement Laundry Room 3.68 m x 2.03 m
Main Level Kitchen 4.19 m x 2.16 m
Main Level Family Room 3.25 m x 3.94 m
Main Level Living Room 2.72 m x 4.7 m
Main Level Dining Room 2.03 m x 2.11 m
Main Level Bedroom 2.79 m x 3.94 m
Main Level Primary Bedroom 3.23 m x 3.58 m

https://www.realtor.ca/real-estate/29998393/881-lakeshore-road-e-mississauga-lakeview-lakeview

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