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$1,400,000
Available - For Sale
Listing ID: W12366865
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.
Price $1,400,000
Taxes: $4,381
Assessment Year: 2025
Occupancy by: Tenant
Address: 881 Lakeshore Road East , Mississauga, L5E 1E2, Peel
Directions/Cross Streets: Lakeshore Rd E/Cawthra
Rooms: 7
Rooms +: 3
Bedrooms: 3
Bedrooms +: 1
Washrooms: 3
Family Room: F
Basement: Separate Ent
Finished
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  3 Second
Washroom 3:  3 Lower
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3 Main
Washroom 7:  3 Second
Washroom 8:  3 Lower
Washroom 9:  0
Washroom 10:  0
Property Type: Detached
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 8
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 1100-1500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Royal Lepage Real Estate Associates

881 Lakeshore Road East , Mississauga, L5E 1E2, Peel


 
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At a Glance:
Type: Freehold - Detached
Area: Peel
Municipality: Mississauga
Neighbourhood: Lakeview
Style: 2-Storey
Lot Size: x 126.00(Feet)
Approximate Age:
Tax: $4,381
Maintenance Fee: $0
Beds: 3+1
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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