723 Lakeshore Road E Mississauga, Ontario L5G 1J7
$1,195,000
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. 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. (id:50787)
Property Details
| MLS® Number | 40801956 |
| Property Type | Other |
| Amenities Near By | Marina, Public Transit |
| Community Features | High Traffic Area |
| Equipment Type | Water Heater |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
| Sign Type | None |
Building
| Basement Type | None |
| Exterior Finish | Brick |
| Fire Protection | Alarm System |
| Stories Total | 2 |
| Size Exterior | 2000.0000 |
| Size Interior | 2,000 Sqft |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Marina, Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 123 Ft |
| Size Frontage | 25 Ft |
| Size Irregular | 0.071 |
| Size Total | 0.071 Ac|under 1/2 Acre |
| Size Total Text | 0.071 Ac|under 1/2 Acre |
| Zoning Description | C4 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/29311937/723-lakeshore-road-e-mississauga
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June 02 2026 04:57:12
REALTORS® Association of Hamilton-Burlington
Exp Realty