NewFor Sale

Unit 5 - 885 Lakeshore Road E
Mississauga, Peel, ON, L5E 1E2

Store W Apt/Office
TRREB
MLS® Number: W12439071
$735,000List Price
Store W Apt/OfficeProperty Type
880 sq ftSize
$5,556 / 2025Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 885 Lakeshore Road E 5, Mississauga, ON L5E 1E2

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Description

Income Property - Cash-Flow Ready | Exceptionally Unique Main-Floor Opportunity. Welcome to an extremely rare, ground-level mixed-use unit in a boutique low-rise building in the heart of Lakeview. Fully situated on the main floor, this bright and airy space delivers a true loft-style aesthetic with exceptional versatility-zoned for both commercial and residential use, making it a standout investment with long-term flexibility. Currently occupied by a reliable commercial tenant, this unit is cash-flow ready, offering immediate income from day one. The tenant's lease ends this summer, allowing the new owner to either occupy the space or re-rent it at market rates-an ideal scenario for investors seeking strong income potential and strategic control of the property. The open-concept layout features soaring 10.5 ft ceilings, two rooms, two washrooms, a full-size kitchen, and ensuite laundry. With two separate entrances, the front portion provides excellent retail visibility along Lakeshore Road-perfect for an office, meeting room, or client-facing business setup. Additional features include a private outdoor patio and two direct parking spaces, offering convenience and ease for both occupants and customers. Perfectly positioned just steps to Lakefront Promenade Park and Marina, minutes from vibrant Port Credit, and with fast access to Long Branch GO for a 25-minute commute to downtown Toronto, this property blends location, income stability, and future upside.A rare, ultra-unique main-floor opportunity-the perfect addition to any investor's portfolio.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$5,556 / 2025
Listing #:W12439071
Property Type:Store W Apt/Office
Building Age:16-30
Size:880 sq ft
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:CHESTNUT PARK REAL ESTATE LIMITED

Rooms

Details

Property

Property Type:Store W Apt/Office
Community:Lakeview
Municipality:Peel

Building

Size:880 sq ft
Building Age:16-30

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Open

Land

Cross Street:Cawthraw / Lakeshore Rd.

$735,000

List price

Unit 5 - 885 Lakeshore Road E, Mississauga – Store W Apt/Office for sale