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.
| MLS # | 40801956 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Pending |
| Days On Site | 219 |
| Listing Provided By | eXp Realty | Dwayne Patrie |
| SQ Feet | 2,000 |
|---|---|
| Story(s) | 2 |
| Zoning | C4 |
| Acreage | 0.07 |
| Cooling Yes / No | No |
|---|
| Lot Features | Rectangular, High Traffic Area, Marina, Public Transit |
|---|---|
| Construction Materials | Brick |
| Security Features | Alarm System |
| Parking Features | Concrete |
|---|---|
| Attached Garage Yes / No | No |
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Sewer | Sewer (Municipal) |
| Tax Annual Amount | 14245 |
|---|
| Province | ON |
|---|---|
| County | Peel |
| City | Mississauga |
| Postal Code | L5G 1J7 |
| Area | MS Mississauga |
| Subarea | Lakeview |
| Community Name | Lakeview |
| Listing VS Median (in Lakeview) | |
Price: $1,195,000 low | high Med: $799,000 sqft: 2,000 low | high Med: 980 $ / sqft: $598 low | high Med: $815 On site: 219 low | high Med: 76 | |
| Province | ON |
|---|---|
| County | Peel |
| City | Mississauga |
| Postal Code | L5G 1J7 |
| Area | MS Mississauga |
| Subarea | Lakeview |
| Community Name | Lakeview |
| Listing VS Median (in Lakeview) | |
Price: $1,195,000 low | high Med: $799,000 sqft: 2,000 low | high Med: 980 $ / sqft: $598 low | high Med: $815 On site: 219 low | high Med: 76 | |