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Home ON Greater Toronto Area Peel Region Mississauga Lakeview
881 LAKESHORE ROAD E
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881 LAKESHORE ROAD E $1,400,000
$1,400,000
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881 LAKESHORE ROAD E
Mississauga (Lakeview), Ontario L5E1E2

MLS® Number: W12484674

Listing Description

Mixed-Use, Multi-Stream Potential in Lakeview. Rarely does a property check this many boxes at once. End-user, investor, live/work, future development, you name it. 881 Lakeshore Road East is a free-standing mixed-use building with coveted C4 zoning, set in the heart of Mississauga's rapidly evolving Lakeview waterfront. The main floor offers a refreshed retail or office space complete with two bedrooms behind it, while the second floor brings a modern, self-contained one-bedroom apartment. Down below, a finished basement in-law suite with separate entrance creates even more flexibility. Translation: multiple revenue streams, live/work potential, or a portfolio-worthy income property. On the practical side: 8-10 parking spaces, an updated roof (2022), newer furnace and A/C, plus drawings already available for a future three-storey mixed-use build. With prime Lakeshore exposure, you're across from high-traffic businesses, minutes from Port Credit, and surrounded by Inspiration Lakeview, the city's transformative waterfront redevelopment that's reshaping this entire community. For the visionary investor, savvy entrepreneur, or anyone searching for the ultimate hybrid of home and business, this is a rare opportunity in a location that's only getting hotter. Includes 3 fridges and 3 stoves. Property sold as is. (41522369)

Location Description

Lakeshore Rd E/Cawthra

Property Summary

Property Type
Retail
Building Type
Residential Commercial Mix
Community Name
Lakeview
Land Size
32 x 126 FT
Age Of Building
100+ years
Annual Property Taxes
$4,381
Time on REALTOR.ca
49 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Highway, Public Transit

Measurements

Square Footage
1500 sqft

Land

Lot Features
Frontage
32 ft
Land Depth
126 ft
Other Property Information
Zoning Description
C4
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INGRID LARA