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$735,000
Available - For Sale
Listing ID: W12435870
A truly unique and hard-to-find ground-level mixed-use unit in the heart of Lakeview, offering an excellent opportunity for both investors and future owner-occupiers. Located in a boutique low-rise building along Lakeshore Road, this bright, open-concept property features modern loft-style finishes and is zoned C4-29 for a wide range of commercial and live/work uses.Currently tenanted by a reliable, established commercial tenant paying market rent, this property is cash-flow ready and ideal for investors seeking short-term lease upside. The lease runs until June 30, 2026, allowing flexibility to re-lease at higher market rates upon expiry. For an end-user, the short remaining term remaining makes it ideal for owner-occupiers planning to transition into their own space, offering quick possession potential and versatility rarely found in this location.The functional layout features 10.5-foot ceilings, 2 rooms plus 2-baths, a full kitchen, and ensuite laundry. Two separate entrances provide a natural division between business and personal space, while the dedicated storefront offers excellent street exposure. A private patio and two direct parking spaces add convenience and appeal.Perfectly positioned steps from Lakefront Promenade Park and Marina, minutes from Port Credits vibrant shops and restaurants, and within easy reach of Long Branch GO Station for a quick 25-minute commute to downtown Toronto, this property is ideal for lawyers, accountants, designers, consultants, or wellness professionals looking to own their workspace rather than rent. Combining strong current income with future flexibility, it's a rare opportunity in one of Mississaugas most desirable lakefront communities.
Price $735,000
Taxes: $5,556
Occupancy by: Tenant
Address: 885 Lakeshore Road East , Mississauga, L5E 1E2, Peel
Postal Code: L5E 1E2
Province/State: Peel
Directions/Cross Streets: Cawthraw and Lakeshore
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Ground Living Ro 11.64 12.89 Large Window, Pot Lights, Double Doors
Room 2: Ground Bedroom 11.55 13.58 Closet, Window, Ceramic Floor
Room 3: Ground Bedroom 2 1010.24 12.76 Window, Walk-Out, Ceramic Floor
Room 4: Ground Kitchen 13.87 6.49 Stainless Steel Appl, Ceramic Floor
Room 5: Ground Foyer 6.17 16.83 Ceramic Floor
No. of Pieces Level
Washroom 1:  3 Ground
Washroom 2:  3 Ground
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3 Ground
Washroom 7:  3 Ground
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  3 Ground
Washroom 12:  3 Ground
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  3 Ground
Washroom 17:  3 Ground
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Total Area: 0
Approximatly Age: 16-30
Maintenance: 390
Sprinklers: Alar
Heat Type: Forced Air
Central Air Conditioning: Central Air
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CHESTNUT PARK REAL ESTATE LIMITED

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


 
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Type: Com - Condo Apartment
Area: Peel
Municipality: Mississauga
Neighbourhood: Lakeview
Style: Apartment
Lot Size: x 0.00()
Approximate Age: 16-30
Tax: $5,556
Maintenance Fee: $390
Beds: 2
Baths: 2
Garage: 0
Fireplace: N
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