723 Lakeshore Road E Mississauga, Ontario L5G 1J7
$1,195,000
Shovel-ready mixed-use redevelopment opportunity along the Lakeshore corridor. The existing two-storey building features one retail unit and one residential apartment, offering holding income with clear upside. The property is fully approved to add a third storey and convert to six residential units plus one retail space. Minor Variance, site plan approval, and architectural drawings are all complete. A new owner can pull permits and proceed directly to construction. Further value is created through reduced development charges from the City of Mississauga, available until November 2026, enhancing overall project economics. (id:59126)
Property Details
| MLS® Number | W12748344 |
| Property Type | Multi-family |
| Community Name | Lakeview |
| Equipment Type | Water Heater |
| Farm Type | Other |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2,000 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | Yes |
| Size Depth | 123 Ft |
| Size Frontage | 25 Ft |
| Size Irregular | 2000 |
| Size Total | 2000 Ac |
| Size Total Text | 2000 Ac |
| Zoning Description | C4 |
https://www.realtor.ca/real-estate/29312422/723-lakeshore-road-e-mississauga-lakeview-lakeview
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May 20 2026 05:45:21
Toronto Regional Real Estate Board
