For Sale

881 Lakeshore Road, Mississauga, Ontario L5E 1E2

$1,299,000

881 Lakeshore Road, Mississauga, Ontario L5E 1E2 is For Sale and has a listing price of 1,299,000. The property is located in the Lakeview neighbourhood . It's been on the website for 1 Day.

  • MLS ID: W12689258
  • Office Name Royal Lepage Real Estate Associates
Property Description

Mixed-use property with C4 zoning located along the Lakeshore corridor in Lakeview, Mississauga. Free-standing building offering a flexible layout suitable for end-users, investors, or live/work configurations. The main floor is configured for retail or office use with two additional rooms behind. The second floor contains a self-contained one-bedroom apartment, while the basement features a finished in-law suite with a separate entrance. The property allows for multiple potential income streams or a combination of commercial and residential use. Additional features include 8-10 parking spaces, updated roof, and newer furnace and A/C. Concept drawings are available for a future three-storey mixed-use redevelopment, subject to zoning, approvals, and buyer due diligence. Prominent exposure along Lakeshore Road East, positioned across from established businesses and within close proximity to Port Credit and the Lakeview Village waterfront redevelopment. Convenient access to transit routes, major roads, and surrounding neighbourhood amenities. Includes 2 fridges and 2 stoves. Power of sale. Property sold as is, where is.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: W12689258
  • Price: $1,299,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 126
  • Ref ID: W12689258
  • 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
01/12/2026 W12689276 $1,299,000 For Sale - -
01/12/2026 W12689258 $1,299,000 For Sale - -
10/27/2025 W12484672 $1,400,000 Cancelled 01/12/2026 -
10/27/2025 W12484674 $1,400,000 For Sale - -
08/27/2025 W12366720 $1,400,000 For Sale - -
08/27/2025 W12366865 $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
  • $1,287,509 Average List Price
    based on 1 year
  • 63 New Listings
    based on 30 days
  • 74 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.1 % Up
  • Sold (12mo) 245
  • Rented (12mo) 160

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -
Walkscore
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: 12/01/2026 22:10:01
Want to see this property?