881 Lakeshore Road E, Mississauga, ON L5E 1E2
Mississauga, ON, L5E 1E2 · Lakeview
About this property
Power of Sale. Property is being sold in "as is, where is". Exceptional opportunity to acquire a C4-zoned mixed-use property in the heart of Mississauga's rapidly evolving Lakeview community. Positioned on the prominent Lakeshore Road East corridor, this free-standing building offers outstanding visibility and a flexible layout suited to investors, owner-operators, or those seeking a live/work opportunity. The main level is currently configured for retail or professional office use and includes two additional rear rooms. The upper level features a self-contained one-bedroom residential unit, while the finished lower level offers a separate entrance and additional living space with in-law suite potential, subject to buyer verification. The property also features approximately 8-10 on-site parking spaces, an updated roof, and newer furnace and air conditioning. Concept drawings for a proposed three-storey mixed-use redevelopment are available for review, subject to all required municipal approvals. Ideally located on Lakeshore Road East with excellent exposure, the property is just minutes from Port Credit, the Lakeview Village waterfront redevelopment, public transit, major commuter routes, shopping, restaurants, and everyday amenities. (Includes some AI generated photos)
Features & Amenities
- Basement: Full, Finished
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2-Storey |
| Bedrooms | 5 |
| Bathrooms | 3 |
| Lot Size | 4,032 Feet |
| Basement | Full, Finished |
| Garage | None |
| Parking Spaces | 10 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $6,751 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Other
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick
- Foundation Details
- Poured Concrete
- Roof
- Asphalt Shingle
- Basement
- Full, Finished
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 10
- Parking Total
- 10.00
- Parking Features
- Private, Other
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 4032.00
- Lot Size Units
- Feet
- Lot Depth
- 126.00
- Lot Width
- 32.00
Financial & Tax
- Tax Annual Amount
- $6,751
- Tax Year
- 2025
- Possession Type
- Immediate
- Possession Details
- Immediate
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 13
- Kitchens Above Grade
- 2
- Kitchens Total
- 2
- Bedrooms Above Grade
- 3
- Bedrooms Below Grade
- 2
Additional Details
- Occupant Type
- Vacant
- Direction Faces
- West
- County Or Parish
- Peel
- Cross Street
- Lakeshore Rd E/Cawthra
- Directions
- Lakeshore Rd E/Cawthra
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
881 Lakeshore Road E, Mississauga, ON L5E 1E2, Mississauga, ON, L5E 1E2