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881 Lakeshore Rd E 1,905 SF 100% Leased Retail Building Mississauga, ON L5E 1E2 $999,000 CAD ($524.41 CAD/SF)
Investment Highlights
- Accessible to public transit, GO Transit connections, major roadways, shopping, dining, and neighborhood amenities.
- Located minutes from Port Credit and the Lakeview Village waterfront redevelopment district.
- Prominent frontage and visibility along the Lakeshore Road East corridor.
Executive Summary
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
1,905 SF
Building Class
C
Year Built
1940
Price
$999,000 CAD
Price Per SF
$524.41 CAD
Percent Leased
100%
Building Height
2 Stories
Zoning
C4 - Mainstreet Commercial Zone
Parking
10 Spaces (5.25 Spaces per 1,000 SF Leased)
Frontage
32’ on Lakeshore Road East
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 2
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Presented by
The Agency Real Estate
881 Lakeshore Rd E
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