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. Zoning by-law approval, 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:60365)
| MLS® Number | W12748344 |
| Property Type | Multi-family |
| Community Name | Lakeview |
| EquipmentType | Water Heater |
| FarmType | Other |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Water Heater |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 2000 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | Yes |
| SizeDepth | 123 Ft |
| SizeFrontage | 25 Ft |
| SizeIrregular | 2000 |
| SizeTotal | 2000 Ac |
| SizeTotalText | 2000 Ac |
| ZoningDescription | C4 |
https://www.realtor.ca/real-estate/29312422/723-lakeshore-road-e-mississauga-lakeview-lakeview
Haven Vincett
Salesperson