1858 Lakeshore Road W Mississauga, Ontario L5J 1J7

2,991 ft2
Acreage

$1,450,000

Maintenance,

$120 Monthly

Located in highly desirable Clarkson, 1858 Lakeshore Rd W offers a rare mixed-use investment opportunity with strong visibility and long-term upside. This well-maintained commercial property features approximately 997 sq. ft. on the main floor, ideal for retail, professional, or service-based use, plus an additional 997 sq. ft. basement providing valuable storage or workspace. Above the commercial space are two self-contained residential apartments, creating multiple income streams and excellent investment flexibility. The property has a functional layout that supports both owner-occupiers and investors alike. The Lakeshore Rd facing apartment contains 2 bedrooms and 1 bathroom and the 2nd apartment in the back contains 3 bedrooms and 1 washroom. Both apartments have their own separate entrances. Property has 8 parking spots divided between the front and back of unit. Situated in a prime Lakeshore location, the building benefits from strong pedestrian and vehicular traffic, proximity to established neighbourhoods, transit, and nearby amenities. Whether you are looking to operate a business on the main level while generating residential rental income, or add a versatile asset to your portfolio, this property presents an exceptional opportunity in one of Mississauga’s most sought-after areas. (id:47351)

Property Details

MLS® Number 40798170
Property Type Other
Amenities Near By Public Transit, Schools
Community Features High Traffic Area

Building

Basement Type Full
Stories Total 3
Size Exterior 2991.0000
Size Interior 2,991 Ft2
Utility Water Municipal Water

Land

Acreage Yes
Land Amenities Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 188 Ft
Size Frontage 18 Ft
Size Total Text 50 - 100 Acres
Zoning Description C4-63

https://www.realtor.ca/real-estate/29275025/1858-lakeshore-road-w-mississauga

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