Offering a rare mixed-use investment opportunity in the heart of Lakeview's on going transformation. This well-positioned property features a street-level commercial unit with 1 bathroom and an upper 3 bedroom, 1 bathroom apartment, offering flexibility for investors, owner-operators, orthose looking to combine business and residential use. Both spaces are separately metered, providing clear utility allocation and simplified management. The commercial unit benefits from direct frontage on Lakeshore Rd E, excellent street visibility, signage opportunities, and convenient access for customers. The existing commercial tenant is willing to stay, providing potential continuity of income for the next owner. Above, the spacious residential apartment offers a private entrance, three bedrooms, two bathrooms, natural light, and a practical layout. Use it as a rental, principal residence, or live-work space while generating additional income from the commercial component. Recent improvements include a new roof, providing an important capital upgrade and added peace of mind. Located in the evolving Lakeview community, the property is minutes from the waterfront, transit, major routes, and a growing mix of residential, retail, parks, and community amenities. With the area undergoing significant revitalization and development, this location offers an opportunity to own a mixed-use asset along one of Mississauga's established east-west corridors. A versatile property offering income potential today with the flexibility to adapt to your future plans.
Property Type:
Residential Freehold
Property Sub Type:
Store W Apt/Office
Home Style:
2-Storey
Total Approx Floor Area:
1500-2000
Lot Depth:
150'2"45.8 m
Lot Frontage:
19'¼"5.8 m
Direction Faces:
North
Bedrooms:
3
Bathrooms:
1.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
3
Kitchens Above Grade:
1
Rooms Above Grade:
6
Rooms Below Grade:
2
Zoning:
EC, C4-80
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete Block
Roof:
Flat
Basement:
Unfinished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
2
Total Parking Spaces:
2.0
Family Room:
No
Possession Details:
tbd
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$8,764 /
2026
Assessment:
$- /
-
Peel
Mississauga
Lakeview
Lake Access, Marina, Park
Accessory Apartment
None
All existing upper level appliances; Stove, Fridge, Washer and Dryer. Upper level window coverings and light fixtures.
Data was last updated September 30, 2026 at 06:15 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$1,274,500
Min list price:
$1,100,000
Max list price:
$3,099,900
Avg days on market:
112
Min days on market:
1
Max days on market:
237
These statistics are generated based on the current listing's property type
and located in
Mississauga. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.