haho.ca
$1,699,000
For sale

1710 Lakeshore Road West, Mississauga (Clarkson) - Business for Sale

1710 Lakeshore Road West, Mississauga (Clarkson), Ontario, L5J1J5

2,240 ft²Listed 36 days ago
Overview

This business in Mississauga is for sale offering roughly 2,240 sq ft of space. It has been on the market 36 days, fresher than the Mississauga average of 56 days.

Description

Excellent Freehold Investment Opportunity in Clarkson Village! Recently renovated in 2021, this well-maintained mixed-use property presents an attractive opportunity for investors seeking a strong combination of commercial and residential income. The main commercial space has undergone a substantial renovation and is secured by a new 5-year commercial lease commencing May 2026, providing a stable commercial tenancy. The property also features two renovated, tenanted residential apartments providing additional income. Located in the heart of Clarkson Village, the property is within walking distance of restaurants, shops and other neighbourhood amenities, with excellent access to transportation and major routes. A rare opportunity to acquire a renovated freehold commercial investment property with established commercial income and additional residential rental income. (id:66096)

Property Details

MLS®
W13847036
Property Type
Business
Zoning
C4-65
Interior Size
2,240 ft²
Lot Size
20 × 229 ft (4,617 sq ft)
Frontage
20 ft
Cooling
None
Property Tax
$13,137.09/yr
Listed
36 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
36d
Mississauga (Clarkson) listings, avg age
56d
Price / ft²
$758
List price
$1.70M

Extended: 36 days on market, against an average age of 56 days across the listings currently for sale in this city

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This business in Mississauga (Clarkson) has been listed for 36 days, which is 20 days fresher than the city average of 56. Act while there is still low competition.

Listed by SAM MCDADI REAL ESTATE INC. · SAM ALLAN MCDADI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5J)

This home lists at $1,699,000, about 15.9× the local median household income of $107,000.

Carrying it typically needs a household income of about $331,874 (20% down, 25-yr amortization, stress-tested) — roughly 210% above the area median.

Median household income
$107,000
Population
28,208
Median age
43.2
Owner / renter
74% / 26%
Avg. household size
2.6

Source: Statistics Canada, 2021 Census (FSA L5J)

$1,699,000· $758/ft²
For sale

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Financing

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$1,699,000

Mississauga

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