881 Lakeshore Road E, Mississauga, Ontario L5E 1E2

Listed for:
$1,999,000
0 beds
0 baths
Listed 126 days ago
881 Lakeshore Road E, Mississauga, Ontario L5E 1E2

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Learn more about this property
Listing provided by:
RE/MAX REAL ESTATE CENTRE INC.
MLS® number:
W7396410
Agent:
Eva Szczepanek
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About

C4 ZONING! 10 Parking Spots!!! + 3 Residential Units + Retail /Office Storefront Space!! End User or Investment Opportunity on the Lakeshore in the rapidly developing Lakeview Waterfront. Free Standing Mixed Use Modern Updated Property. ++++++****1) Updated Main Floor Suitable for Retail/Office + 2 Bedrooms Live in*** ++++++++2) Modern Updated 1 Bed + Bath on the Second Floor With Separate Entrance and Deck+++++++****3) Finished Basement Inlaw Suite****Perfect As Live/Work Space; Be Your Own Landlord; Offers 3 Income Streams-Lease Main Floor and Apt. & Second Floor & BASEMENT Separately. Newer Furnace & A/C. Close to Restaurants, Port Credit, Hwys, Transit. FINISHED BASEMENT WITH SEPARATE ENTRANCE, INCOME POTENTIAL. Drawings Available for a 3 Storey Building. Commercial/Retail/Investment 10 Parking Spots. Inc. 3 Fridges, 3 Stoves, Elfs and Window Coverings. Murphy Bed Negotiable. **** EXTRAS **** Drawings Available for a 3 Storey Building. Commercial/Retail/Investment (id:27476)

Property Highlights

Type
Cooling type
Fully air conditioned
Heating fuel
Natural gas
Fireplace
No
Construction material
Parking space
10
Ownership Type
Amenities nearby
Highway, Public Transit

Location

Summary

Located in the rapidly developing Lakeview Waterfront, this property offers a unique opportunity for end users or investors. With C4 Zoning and a total of 10 parking spaces, this free-standing mixed-use modern property is a versatile option for those looking to capitalize on the growing area.

The main floor has been updated and is suitable for retail or office space, with the added bonus of two bedrooms for live-in use. The second floor features a modern one-bedroom, one-bathroom unit with a separate entrance and deck. Additionally, the finished basement offers an in-law suite, making it perfect for live/work arrangements.

With three separate income streams available - leasing the main floor, second floor, and basement separately - this property provides flexibility for potential landlords. The inclusion of newer furnace and A/C units adds to the appeal, while the proximity to restaurants, Port Credit, highways, and transit make it a convenient location for tenants.

Furthermore, the property comes with drawings available for a three-story building, offering even more potential for commercial, retail, or investment use. Included in the sale are three fridges, three stoves, light fixtures, and window coverings, with the option to negotiate for a Murphy bed.

Measuring 32 x 126 FT, this property is situated on Lakeshore Rd E in Mississauga, Ontario, with a postal code of L5E1E2. The community of Lakeview provides a desirable setting, and the property is fully air conditioned for added comfort.

Overall, this property presents a compelling opportunity for those seeking a versatile and modern space in a rapidly developing area, with the potential for multiple income streams and future expansion.

Street Spotlight - For sale