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For Sale

881 Lakeshore Road E, Mississauga, ON L5E 1E2

Lakeview · Mississauga · ON · L5E 1E2

$999,000
$666/sqft
5 beds3 baths1,500–2,000 sqft10 parkingMultiplex

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881 Lakeshore Road E, Mississauga, ON L5E 1E2Request a viewing

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)

Property Type
Multiplex
Style
2-Storey
Bedrooms
5
Bathrooms
3
Square Feet
1,500–2,000
Year Built
Parking
10
Basement
Full, Finished
Taxes
$6,751/yr
Market insight: Homes in Lakeview have stayed in demand, with well-priced properties moving quickly. Ask about recent comparable sales →