Listing Highlights

Status: For Sale
Days on Market: 6
Listed Date: Feb 17, 2026
MLS® #: W12795354
Source: IDX (PropTx)
Last Updated: Feb 17, 2026
Exposure: North
Occupancy: Vacant
Possession: Immediate

Listing History

Active Feb 17, 2026

$1,199,000

Listing Description

Mixed-use property with C4 zoning located along the Lakeshore corridor in Lakeview, Mississauga. Free-standing building offering a flexible layout suitable for end-users, investors, or live/work configurations. The main floor is configured for retail or office use with two additional rooms behind. The second floor contains a self-contained one-bedroom apartment, while the basement features a finished in-law suite with a separate entrance. The property allows for multiple potential income streams or a combination of commercial and residential use. Additional features include 8-10 parking spaces, updated roof, and newer furnace and A/C. Concept drawings are available for a future three-storey mixed-use redevelopment, subject to zoning and approvals. Prominent exposure along Lakeshore Road East, positioned across from established businesses and within close proximity to Port Credit and the Lakeview Village waterfront redevelopment. Convenient access to transit routes, major roads, and surrounding neighbourhood amenities. Includes 2 fridges and 2 stoves. Power of sale. Property sold as is, where is.

Inclusions & Exclusions

Included with Sale: 2 fridges and 2 stoves

Property Summary

Property Type: Residential Freehold
Property Style: Detached
Land Size: 32.0 x 126.0 FT
Annual Property Taxes: $4,381 (2025)
Zoning: C4
Approximate Age: 100+

Building

Basement Type: Separate Entrance, Finished
Foundation Type: Poured Concrete
Heating: Forced Air (Gas)
Cooling: Central Air
Construction Materials: Brick
Roof: Shingles

Rooms

Bedrooms: 4 Total
Bathrooms: 3 Total

Exterior Features

Pool: None
Garage: None
Total Parking Spaces: 8
Parking Type: Private

Utilities

Sewer: Sewer

Land

Lot Size: 32.0 x 126.0 FT
Depth: 126.0 ft

Interior Features

In-Law Capability

881 Lakeshore Road E, Mississauga, ON L5E 1E2