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723 Lakeshore Road E Mississauga (Lakeview), 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:49187)

Property Details

MLS® Number W12748344
Property Type Multi-family
Community Name Lakeview
Equipment Type Water Heater
Farm Type Other
Parking Space Total 4
Rental Equipment Type Water Heater

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 2000 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage Yes
Size Depth 123 Ft
Size Frontage 25 Ft
Size Irregular 2000
Size Total 2000 Ac
Size Total Text 2000 Ac
Zoning Description C4

https://www.realtor.ca/real-estate/29312422/723-lakeshore-road-e-mississauga-lakeview-lakeview

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