723 Lakeshore Road E Mississauga, Ontario L5G 1J7

2,000 sqft

$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:49203)

Property Details

MLS® Number 40801956
Property Type Other
Amenities Near By Marina, Public Transit
Community Features High Traffic Area
Equipment Type Water Heater
Parking Space Total 4
Rental Equipment Type Water Heater
Sign Type None

Building

Basement Type None
Exterior Finish Brick
Fire Protection Alarm System
Stories Total 2
Size Exterior 2000.0000
Size Interior 2,000 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Marina, Public Transit
Sewer Municipal Sewage System
Size Depth 123 Ft
Size Frontage 25 Ft
Size Irregular 0.071
Size Total 0.071 Ac|under 1/2 Acre
Size Total Text 0.071 Ac|under 1/2 Acre
Zoning Description C4

Utilities

Electricity Available
Natural Gas Available

https://www.realtor.ca/real-estate/29311937/723-lakeshore-road-e-mississauga

Contact Us

Contact us for more information

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Dwayne Patrie
Salesperson

(289) 536-9911
www.dwaynepatrie.com/

Exp Realty
156 Parkdale Avenue North
Hamilton, Ontario L8H 5X2

(866) 530-7737
www.exprealty.ca/

Dekker Team
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