Power of Sale Listings

881 Lakeshore Road E, Mississauga, ON L5E 1E2

Mississauga, ON L5E 1E2 · Multiplex

$999,000

For Sale
List Price
5 Beds 3 Baths 10 Parking Spaces Listed on Site 6 days ago
Listing Highlights
Status
For Sale
Days on Site
6
Listed on Site
Jul 7, 2026
MLS® #
W13531522
Source
IDX (PropTx)
Last Updated
Jul 7, 2026
Exposure
West
Occupancy
Vacant
Possession
Immediate
Listing Brokerage
The Agency
Listing Description

Power of Sale. Property is being sold in "as is, where is". Exceptional opportunity to acquire a C4-zoned mixed-use property in the heart of Mississauga's rapidly evolving Lakeview community. Positioned on the prominent Lakeshore Road East corridor, this free-standing building offers outstanding visibility and a flexible layout suited to investors, owner-operators, or those seeking a live/work opportunity. The main level is currently configured for retail or professional office use and includes two additional rear rooms. The upper level features a self-contained one-bedroom residential unit, while the finished lower level offers a separate entrance and additional living space with in-law suite potential, subject to buyer verification. The property also features approximately 8-10 on-site parking spaces, an updated roof, and newer furnace and air conditioning. Concept drawings for a proposed three-storey mixed-use redevelopment are available for review, subject to all required municipal approvals. Ideally located on Lakeshore Road East with excellent exposure, the property is just minutes from Port Credit, the Lakeview Village waterfront redevelopment, public transit, major commuter routes, shopping, restaurants, and everyday amenities. (Includes some AI generated photos)

Inclusions & Exclusions
Included with Sale
2 Fridges & 2 Stoves
Property Summary
Property Type
Residential Freehold
Property Style
Multiplex
Neighbourhood / Community
Lakeview
County / Region
Peel
Land Size
32.0 x 126.0 FT
Annual Property Taxes
$6,751 (2025)
Zoning
C4
Building
Basement Type
Full, Finished
Foundation Type
Poured Concrete
Heating
Forced Air (Gas)
Cooling
Central Air
Construction Materials
Brick
Roof
Asphalt Shingle
Rooms
Bedrooms
5 Total
Bathrooms
3 Total
Room Dimensions
Room Level Dimensions Features
Recreation Basement 19.3 x 32.7 ft -
Utility Room Basement 10.6 x 9.6 ft -
Laundry Basement 12.1 x 6.7 ft -
Kitchen Main 13.7 x 7.1 ft -
Family Room Main 10.7 x 12.9 ft -
Living Room Main 8.9 x 15.4 ft -
Dining Room Main 6.7 x 6.9 ft -
Bedroom Main 9.2 x 12.9 ft -
Primary Bedroom Main 10.6 x 11.7 ft -
Other Second 5.2 x 5.2 ft -
Living Room Second 10 x 17.7 ft -
Kitchen Second 13.5 x 11 ft -
Bedroom Second 9.8 x 19.9 ft -
Foyer Second 5.1 x 2.8 ft -
Exterior Features
Pool
None
Garage
None
Parking Spaces
10
Parking Type
Private, Other
Utilities
Sewer
Sewer
Land
Lot Size
32.0 x 126.0 FT
Depth
126.0 ft
Interior Features
Other
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Location

Directions: Lakeshore Rd E/Cawthra

Listing Provided By

The Agency

Data provided by: Oakville, Milton & District Real Estate Board