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. Minor Variance, 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.
| MLS # | W12748344 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Year | 0 |
| Days On Site | 203 |
| Listing Provided By | EXP REALTY | W12748344 285400 |
| SQ Feet | 2,000 |
|---|---|
| Acreage | 0.05 |
| Cooling | Yes |
|---|
| Utilities | Yes |
|---|
| Tax Annual Amount | 14245 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT LT 99, PL C23 , AS IN RO754148, S/T AND T/W IN RO754148 ; MISSISSAUGA |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Peel |
| City | Mississauga |
| Postal Code | L5G 1J7 |
| Area | Lakeview |
| Listing VS Median (in L5G 1J7) | |
Price: $1,195,000 low | high Med: $1,195,000 sqft: 2,000 low | high Med: 2,000 $ / sqft: $598 low | high Med: $598 On site: 203 low | high Med: 203 | |
| Province | ON |
|---|---|
| Region | Peel |
| City | Mississauga |
| Postal Code | L5G 1J7 |
| Area | Lakeview |
| Listing VS Median (in L5G 1J7) | |
Price: $1,195,000 low | high Med: $1,195,000 sqft: 2,000 low | high Med: 2,000 $ / sqft: $598 low | high Med: $598 On site: 203 low | high Med: 203 | |