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Royal LePage
Royal LePage
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$1,400,000

3+1 Beds

3 Baths

1100 - 1500 FEETSQ

QuickQuoteTM: $1.1M - $1.4M

Mississauga ON, L5E 1E2

MLS® # W12484672

Property Information:

Mixed-Use, Multi-Stream Potential in Lakeview. Rarely does a property check this many boxes at once. End-user, investor, live/work, future development, you name it. 881 Lakeshore Road East is a free-standing mixed-use building with coveted C4 zoning, set in the heart of Mississauga's rapidly evolving Lakeview waterfront. The main floor offers a refreshed retail or office space complete with two bedrooms behind it, while the second floor brings a modern, self-contained one-bedroom apartment. Down below, a finished basement in-law suite with separate entrance creates even more flexibility. Translation: multiple revenue streams, live/work potential, or a portfolio-worthy income property. On the practical side: 8-10 parking spaces, an updated roof (2022), newer furnace and A/C, plus drawings already available for a future three-storey mixed-use build. With prime Lakeshore exposure, you're across from high-traffic businesses, minutes from Port Credit, and surrounded by Inspiration Lakeview, the city's transformative waterfront redevelopment that's reshaping this entire community. For the visionary investor, savvy entrepreneur, or anyone searching for the ultimate hybrid of home and business, this is a rare opportunity in a location that's only getting hotter. Includes 3 fridges and 3 stoves. Property sold as is. (id:7525)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Development: Finished
  • Basement Type: N/A, N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3+1
  • Bathrooms: 3
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 126.0 Feet
  • Lot Frontage: 32.0 Feet
  • Lot Size: 32 x 126 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 8

REALTOR.ca  

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Location of 881 LAKESHORE ROAD E, Mississauga, Ontario, L5E 1E2

Demographic Information of 881 LAKESHORE ROAD E, Mississauga, Ontario, L5E 1E2

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$157,015.90

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.03 %

High school certificate or equivalent

27.98 %

Apprenticeship trade certificate/diploma

6.62 %

College/non-university certificate

20.69 %

University Degree

24.67 %

Commuter

Travel To Work

By Car

85.13 %

By Public Transit

5.38 %

By Walking

1.75 %

By Bicycle

0.0 %

By Other Methods

7.74 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.3 %

Houses

80.7 %

Own Vs. Rent

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