NickLists
Main Property Image
New
Property Image 1
Property Image 2
Property Image 3
Property Image 4

$1,245,000

Investment

723 Lakeshore Road E, Mississauga, ON L5G 1J7Lakeview

Listing Overview

MLS ID:W12748344
Status:New
Type:Commercial / Investment
Taxes:$14,245 / yr (2025)
Days on Market:65
Listed:2026-02-02
Last Updated:Apr 7, 2026
Cross Street:Cawthra
Data Source:PROPTX

Interior

Utilities

Heat Type:Gas Forced Air Closed

Outdoor / Lot

Lot Size:25ft × 123ft

Parking

Garage Type:None
Parking Spaces:4

Description

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.

Mortgage Calculator