5 - 885 Lakeshore Road E Mississauga, Ontario L5E 1E2
$735,000
Income Property - Cash-Flow Ready | Exceptionally Unique Main-Floor Opportunity. Welcome to an extremely rare, ground-level mixed-use unit in a boutique low-rise building in the heart of Lakeview. Fully situated on the main floor, this bright and airy space delivers a true loft-style aesthetic with exceptional versatility-zoned for both commercial and residential use, making it a standout investment with long-term flexibility. Currently occupied by a reliable commercial tenant, this unit is cash-flow ready, offering immediate income from day one. The tenant's lease ends this summer, allowing the new owner to either occupy the space or re-rent it at market rates-an ideal scenario for investors seeking strong income potential and strategic control of the property. The open-concept layout features soaring 10.5 ft ceilings, two rooms, two washrooms, a full-size kitchen, and ensuite laundry. With two separate entrances, the front portion provides excellent retail visibility along Lakeshore Road-perfect for an office, meeting room, or client-facing business setup. Additional features include a private outdoor patio and two direct parking spaces, offering convenience and ease for both occupants and customers. Perfectly positioned just steps to Lakefront Promenade Park and Marina, minutes from vibrant Port Credit, and with fast access to Long Branch GO for a 25-minute commute to downtown Toronto, this property blends location, income stability, and future upside.A rare, ultra-unique main-floor opportunity-the perfect addition to any investor's portfolio. (id:47351)
Property Details
| MLS® Number | W12439071 |
| Property Type | Retail |
| Community Name | Lakeview |
| Amenities Near By | Recreation |
| Equipment Type | Water Heater |
| Parking Space Total | 2 |
| Rental Equipment Type | Water Heater |
Building
| Age | 16 To 30 Years |
| Appliances | Window Coverings |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 880 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Recreation |
| Zoning Description | C4 -29 - Mixed Use |
https://www.realtor.ca/real-estate/28939389/5-885-lakeshore-road-e-mississauga-lakeview-lakeview
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November 18 2025 07:27:54
Toronto Regional Real Estate Board
Chestnut Park Real Estate Limited