$1,800,000
Mississauga
1195 Lakeshore Road East, Mississauga (Lakeview), Ontario, L5E1G1
This retail property in Mississauga is for sale offering roughly 3,500 sq ft of space.
Rare opportunity to own a free-standing mixed-use building in a prime Lakeshore waterfront location within the fast-growing Lakeview Village community. Over 3000 sq ft featuring a retail storefront and three self-contained 2-bedroom apartments (2 on second floor, 1 on ground), all with separate entrances, with basement storage. Separately metered units, parking up to 8-10 cars. Ideal for owner-operators or investors-live, operate a business, and generate rental income, or fully lease for investment purposes. Directly across from the approved Lakeview Village waterfront development with ~16,000 future residential units expected around 2028. Minutes to Port Credit, QEW, transit, schools, shopping, and lakefront amenities. High demand location with exceptional long-term potential!! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 111 days on market, against an average age of 61 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.
This retail in Mississauga (Lakeview) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,800,000, about 18.4× the local median household income of $98,000.
Carrying it typically needs a household income of about $351,603 (20% down, 25-yr amortization, stress-tested) — roughly 259% above the area median.
Source: Statistics Canada, 2021 Census (FSA L5E)
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