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881 Lakeshore Road East, Mississauga, ON L5E1E2

$999,0005Beds 3Baths 1,500Sqft Lakeview

Property Overview

  • Row / Townhouse Home Type
  • 4032 Sqft Lot Size
  • LakeviewCommunity
  • 5 Beds
  • 3 Full Baths
  • Air Conditioning (Central) Cooling
  • 0 Half Baths
  • 10 Parking Space(s)
  • Property Taxes
  • 53 days Days on Market
  • W13531522 MLS® #
  • $666 Price / Sqft
  • Two Storey Style
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Description

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)

Interior Details

See Home Description
See Home Description
Air Conditioning (Central)
0
None
Full

Exterior Details

Brick
2
See Home Description
Asphalt Shingles
Concrete

More Information

Property

None
See Home Description

Parking

Yes
10
No Garage

Utilities

Municipal / City

Data is supplied by the Toronto Regional Real Estate Board (TRREB) MLS® System. TRREB is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data was last updated Thursday, August 27, 2026, 5:37:03 AM UTC.