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723 Lakeshore Road E Mississauga, Ontario L5G 1J7

2000 sqft
Fully Air Conditioned Forced Air Acreage

$1,245,000

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)

Property Details

MLS® Number W12748344
Property Type Multi-family
Community Name Lakeview
EquipmentType Water Heater
FarmType Other
ParkingSpaceTotal 4
RentalEquipmentType Water Heater

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 2000 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

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


Exp Realty
21 King St W Unit A 5/fl
Hamilton, Ontario L8P 4W7

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