For Sale

881 Lakeshore Road, Mississauga, Ontario L5E 1E2

$1,400,000

881 Lakeshore Road, Mississauga, Ontario L5E 1E2 is For Sale and has a listing price of 1,400,000. The property is located in the Lakeview neighbourhood . It's been on the website for 18 Days.

  • MLS ID: W12366720
  • Office Name Royal Lepage Real Estate Associates
Property Description

Mixed-Use, Multi-Stream Potential in Lakeview. Rarely does a property check this many boxes at once. End-user, investor, live/work, future development, you name it. 881 Lakeshore Road East is a free-standing mixed-use building with coveted C4 zoning, set in the heart of Mississauga’s rapidly evolving Lakeview waterfront. The main floor offers a refreshed retail or office space complete with two bedrooms behind it, while the second floor brings a modern, self-contained one-bedroom apartment. Down below, a finished basement in-law suite with separate entrance creates even more flexibility. Translation: multiple revenue streams, live/work potential, or a portfolio-worthy income property. On the practical side: 8-10 parking spaces, an updated roof (2022), newer furnace and A/C, plus drawings already available for a future three-storey mixed-use build. With prime Lakeshore exposure, you’re across from high-traffic businesses, minutes from Port Credit, and surrounded by Inspiration Lakeview, the city’s transformative waterfront redevelopment that’s reshaping this entire community. For the visionary investor, savvy entrepreneur, or anyone searching for the ultimate hybrid of home and business, this is a rare opportunity in a location that’s only getting hotter. Includes 3 fridges and 3 stoves. Property sold as is.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: W12366720
  • Price: $1,400,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 126
  • Ref ID: W12366720
  • Dir / Cross St: Lakeshore Rd E/Cawthra
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 100+
  • Property Sub Category: Commercial Apartment
Price History
List Date MLS ID List Price Status End Date Closed Price
08/27/2025 W12366865 $1,400,000 For Sale - -
08/27/2025 W12366720 $1,400,000 For Sale - -
03/18/2025 W12024854 $1,599,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Lakeview
  • $1,289,792 Average List Price
    based on 1 year
  • 118 New Listings
    based on 30 days
  • 78 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.72 % Up
  • Sold (12mo) 229
  • Rented (12mo) 151

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 83 Walk Score
    Very Walkable
  • 38 Transit Score
    Some Transit
  • 56 Bike Score
    Bikeable
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Outside/surface
  • Taxes: $4,381
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 27/08/2025 17:01:54
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