A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 881 Lakeshore Rd, Mississauga Ontario L5E 1E2
Re-listed 9 days ago

881 Lakeshore Rd, Mississauga, Ontario L5E 1E2

Other
-
-
~1500 sqft
$1,400,000
Get pre-qualifiedPowered by nesto
Buy with Wahi to get
Up to
$14,000Cashback
Other
-
-
~1500 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market9 days

Total days on market
70 days

Estimated valueNot available

Price/Sqft$933/sqft

Monthly cost

Open Calculator

CMA Subject Property

Curious about what homes are selling for in this area?

Get a report on comparable homes with helpful insights and trends.

+21

Properties sold*

$1.1M

Median sold price*

*Based on last 30 days

Description

Mixed-Use, Multi-Stream Potential in Lakeview. Rarely does a property check this many boxes at once. End-user, investor, live/work, future development, you name it. 881 Lakeshore Road East is a free-standing mixed-use building with coveted C4 zoning, set in the heart of Mississauga's rapidly evolving Lakeview waterfront. The main floor offers a refreshed retail or office space complete with two bedrooms behind it, while the second floor brings a modern, self-contained one-bedroom apartment. Down below, a finished basement in-law suite with separate entrance creates even more flexibility. Translation: multiple revenue streams, live/work potential, or a portfolio-worthy income property. On the practical side: 8-10 parking spaces, an updated roof (2022), newer furnace and A/C, plus drawings already available for a future three-storey mixed-use build. With prime Lakeshore exposure, you're across from high-traffic businesses, minutes from Port Credit, and surrounded by Inspiration Lakeview, the city's transformative waterfront redevelopment that's reshaping this entire community. For the visionary investor, savvy entrepreneur, or anyone searching for the ultimate hybrid of home and business, this is a rare opportunity in a location that's only getting hotter. Includes 3 fridges and 3 stoves. Property sold as is.


Property Details

StyleStore With Apt/Office
View-
Age of property100+
SqFt~1500 SqFt
Lot Size4,032 SqFt(126 x 32)
Parking Spaces-
MLS ®NumberW12484674
Community NameLakeview
Data SourceTRREB
Listing byRoyal Lepage Real Estate Associates

Features

Heating: Gas Forced Air Open
Cooling: Y
Basement: Y

Features

Lot size: 4,032 SqFt

Market Data - Lakeview

Geo Zone Map ThumbnailLakeview

Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

24 days

Compared to

2024

24 days

2023

19 days

2022

22 days

New Listings

Past 30 days

80 listings

Compared to

2024

75 listings

2023

69 listings

2022

48 listings

Units sold

Past 30 days

29 units

Compared to

2024

21 units

2023

21 units

2022

22 units

Median Sold Price

Past 30 days

$1,120,000

Compared to

2024

$1,100,000

2023

$1,100,000

2022

$1,195,000


Population and Demographics

Overview

Total population 20145
Average household income $162,967

Age (%)

0 to 19
20%
20 to 34
17%
35 to 49
21%
50 to 64
23%
65 and plus
19%

Household composition (%)

Single family
67%
Single person
29%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
72%
Polish
6%
Portuguese
5%
Others
3%
Italian
3%
Spanish
2%
Mandarin
1%
Ukrainian
1%
Russian
1%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Owners
73%
Renters
27%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget