$1,195,000
723 Lakeshore Rd E
Mississauga, ON L5G 1J7
723 Lakeshore Rd E, Mississauga — Listed at $1,195,000 Investment. MLS® W12748344.
Description
Shovel-ready mixed-use redevelopment opportunity along the Lakeshore corridor. The existing two-storey building features one retail unit and one residential apartment, offering holding income with clear upside. The property is fully approved to add a third storey and convert to six residential units plus one retail space. Minor Variance, site plan approval, and architectural drawings are all complete. A new owner can pull permits and proceed directly to construction. Further value is created through reduced development charges from the City of Mississauga, available until November 2026, enhancing overall project economics.
Property Details
Business Details
Listing Courtesy of: EXP REALTY
MLS® #W12748344
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About Mississauga Real Estate
This Investment is located in the Lakeview 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.