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Active

$1,365,000

1858 Lakeshore Rd W

Mississauga, ON L5J 1J7

1858 Lakeshore Rd W, MississaugaListed at $1,365,000 Store W Apt/Office. MLS® W12717544.

997Sq Ft
Store W Apt/Office
$11,308 (2025)

Description

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 additional 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.

Business Details

Property Sub-TypeStore W Apt/Office
Property UseStore With Apt/Office
Occupant TypeOwner+Tenant
Showing RequirementsLockbox
Possession TypeImmediate
Listing Expires8/31/2026

Commercial Space & Financials

Retail Area997 Sq Ft

Property Details

Property TypeStore W Apt/Office
CommunityClarkson
Lot Dimensions18 × 188 ft
Dir/Cross StSouthdown and Lakeshore Rd
Garage TypePlaza
Heating TypeBaseboard
A/CPartial
SewersSanitary
Taxes (2025)$11,308
Maintenance Fee$120/Monthly
HSTNot Subject to HST
SecurityNo
Listed Date1/21/2026
Days on Market141 days
PossessionTBA

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Property Insights

Listing Courtesy of: SUTTON GROUP QUANTUM REALTY INC.

MLS® #W12717544

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Mississauga Real Estate

This Store W Apt/Office is located in the Clarkson community in Mississauga. Mississauga is Ontario's third-largest city, offering a strong balance of suburban space and urban amenities along the western shores of Lake Ontario. The Square One district is rapidly densifying, while established areas like Lorne Park and Erin Mills offer mature tree-lined streets. Pearson International Airport and the 403/QEW provide excellent regional connectivity.

Pearson Airport & 403/QEW accessSquare One shopping districtPort Credit waterfront & marinaTop-ranked Peel District School Board
~40 min commute to downtown TorontoWalkability: Moderate — highest near Square One and Port Credit
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