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Detached for sale at 881 Lakeshore Road E, Mississauga - 4 bedroom, 3 bathroom - Photo 1 of 53
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$1,199,000

881 Lakeshore Rd E

Mississauga, ON L5E 1E2

881 Lakeshore Rd E, Mississauga — Listed at $1,199,000. 4 bedroom, 3 bathroom 2-Storey Detached. MLS® W12795354.

4Beds
3Baths
1100-1500sqft
Detached
2-Storey
8Parking
$4,381Taxes/yr · 2025
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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.

Property Details

Property TypeDetached
Style2-Storey
CommunityLakeview
Rooms7+3
Kitchens3
Washrooms3
Square Feet1100-1500 sqft
Lot Size4,032 sq ft
Lot Dimensions32 × 126 ft
Lot Size Area4,032 sqft (MPAC)
Fronting OnNorth
Dir/Cross StLakeshore Rd E/Cawthra
Garage TypeNone
DrivePrivate
Parking Drive Spaces8
Total Parking Spaces8
ExteriorBrick
RoofShingles
FoundationPoured Concrete
BasementSeparate Entrance, Finished
Heating TypeForced Air
Heating SourceGas
A/CCentral Air
SewersSewer
Taxes (2025)$4,381
HSTIn Addition To
Listed Date2/17/2026
Days on Market268 days
PossessionImmediate

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Listing Courtesy of: Royal Lepage Real Estate Associates

MLS® #W12795354

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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HouseIndex Take: 881 Lakeshore Road E

This detached (2-Storey) is located in the Lakeview neighbourhood of Mississauga.

The home offers 4+1 bedrooms, 3 bathrooms.

Features include a separate entrance, finished basement, 8 parking spaces.

Additional details: lot dimensions of 32 × 126 feet.

About Mississauga Real Estate

This Detached 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. Detached homes in Mississauga are in high demand among families seeking space, privacy, and long-term equity growth.

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
View full Mississauga neighbourhood guide →