881 Lakeshore Road
Lakeview, Mississauga, L5E 1E2
For Sale
10.72 BTC

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3 + 2
BEDROOMS3
BATHROOMS3
KITCHENS13
ROOMSW13531522
MLSIDContact Us
Property Description
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)
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Nearby Intersections
Property Features
Other, Private, Other
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Property Details
Property Type
Multiplex
Lot Size
32' x 126'
Acreage
4,032.0 Feet
Taxes
$6,751 (2025)
Basement
Full, Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
10
Garage Type
None
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Listing contracted with The Agency
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