723 LAKESHORE Road E, Mississauga, Ontario, L5G 1J7

$1,195,000

MLS® # 40801956

Commercial For Sale In Lakeview, Mississauga, Ontario

$1,195,000

Property Information:

Shovel-ready mixed-use redevelopment opportunity along the Lakeshore corridor. The existing two-storey building features one retail unit and one residential apartment, offering holding income with clear upside. The property is fully approved to add a third storey and convert to six residential units plus one retail space. Minor Variance, site plan approval, and architectural drawings are all complete. A new owner can pull permits and proceed directly to construction. Further value is created through reduced development charges from the City of Mississauga, available until November 2026, enhancing overall project economics. (id:27)

Building Features:

  • Style: Mixed
  • Building Type: Residential Commercial Mix
  • Basement Type: None
  • Exterior Finish: Brick
  • Fire Protection: Alarm system
  • Floor Space: 2000 sqft

Property Features:

  • OwnershipType: Freehold
  • Property Type: Other
  • Access Type: Road access
  • Amenities Nearby: Marina, Public Transit
  • Community Features: High Traffic Area
  • Floor Space (approx): 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 123 Feet
  • Lot Frontage: 25 Feet
  • Lot Size: 0.07 Acres
  • Sign Type: None
  • Utility Type: Hydro - Available, Natural Gas - Available
  • Zoning: C4
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 4

Courtesy of: eXp Realty

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Additional Photos

  • Development Rendering -