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1199-1201 Lakeshore Rd E 2 Unit Apartment Building $1,300,000 CAD ($650,000 CAD/Unit) Mississauga, ON L5E 1G1
Investment Highlights
- Two legal addresses combined on one lot within Mississauga’s Lakeview neighborhood.
- Convenient access to QEW, major arterial roads, and public transit options.
- Positioned in an area experiencing ongoing urban renewal and infrastructure investment.
Executive Summary
This offering presents a unique investment opportunity along Mississauga’s Lakeshore corridor, featuring two addresses on a single lot within the Lakeview community. The property spans approximately 5,963 square feet and is zoned EC (Employment Commercial), providing flexibility for a range of uses including residential apartments and potential commercial applications.
The surrounding area is undergoing significant revitalization, with mixed-use developments, retail amenities, and waterfront enhancements contributing to long-term value growth. Investors will appreciate the combination of stable income potential and redevelopment upside in a well-connected urban setting.
The surrounding area is undergoing significant revitalization, with mixed-use developments, retail amenities, and waterfront enhancements contributing to long-term value growth. Investors will appreciate the combination of stable income potential and redevelopment upside in a well-connected urban setting.
Property Facts
| Price | $1,300,000 CAD | Building Class | B |
| Price Per Unit | $650,000 CAD | Lot Size | 0.00 AC |
| Sale Type | Investment | Building Size | 5,963 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | Parking Ratio | 0.67/1,000 SF |
| Zoning | EC - Employment Commercial | ||
| Price | $1,300,000 CAD |
| Price Per Unit | $650,000 CAD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.00 AC |
| Building Size | 5,963 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 0.67/1,000 SF |
| Zoning | EC - Employment Commercial |
Amenities
Unit Amenities
- Yard
- Lawn
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | 2,982 |
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
70/100
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1199-1201 Lakeshore Rd E
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