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

MLS® # W12748344
new listing
Investment For Sale In Lakeview, Mississauga, Ontario
$1,245,000
723 Lakeshore Road E, Mississauga, ON - Outdoor
723 Lakeshore Road E, Mississauga, ON - Outdoor
723 Lakeshore Road E, Mississauga, ON - Outdoor With View
723 Lakeshore Road E, Mississauga, ON - Outdoor With View
723 Lakeshore Road E, Mississauga, ON - Outdoor With View
723 Lakeshore Road E, Mississauga, ON - Outdoor
723 Lakeshore Road E, Mississauga, ON - Other
Development Rendering - 723 Lakeshore Road E, Mississauga, ON - Outdoor
723 Lakeshore Road E, Mississauga, ON - Outdoor
723 Lakeshore Road E, Mississauga, ON - Outdoor
723 Lakeshore Road E, Mississauga, ON - Outdoor With View
723 Lakeshore Road E, Mississauga, ON - Outdoor With View
723 Lakeshore Road E, Mississauga, ON - Outdoor With View
723 Lakeshore Road E, Mississauga, ON - Outdoor
723 Lakeshore Road E, Mississauga, ON - Other
Development Rendering - 723 Lakeshore Road E, Mississauga, ON - Outdoor
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723 LAKESHORE ROAD E, Mississauga, Ontario, L5G 1J7
$1,245,000

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. Zoning by-law approval, 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: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 2000 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Multi-family
  • Farm Type: Other
  • Floor Space (approx): 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 123 Feet
  • Lot Frontage: 25 Feet
  • Lot Size: 2000.00 Acres
  • Zoning: C4
  • No. of Parking Spaces: 4

Courtesy of: EXP REALTY

REALTOR.ca  

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Market Price Trends

Single family detached

-1.83%

Price change (1 year)

20.94%

Price change (5 years)

All Properties

-1.18%

Price change (1 year)

18.9%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 723 LAKESHORE ROAD E, Mississauga, Ontario, L5G 1J7

Demographic Information of 723 LAKESHORE ROAD E, Mississauga, Ontario, L5G 1J7

Life Stage

Young Families

Employment Type

Service Sector

Average Household Income

$120,074.82

Average Number of Children

1.53

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.93 %

High school certificate or equivalent

25.88 %

Apprenticeship trade certificate/diploma

7.44 %

College/non-university certificate

18.81 %

University certificate (below bachelor)

2.27 %

University Degree

26.67 %

Commuter

Travel To Work

By Car

84.0 %

By Public Transit

8.4 %

By Walking

3.63 %

By Bicycle

1.12 %

By Other Methods

2.85 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

60.09 %

Houses

39.91 %

Own Vs. Rent

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