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881 Lakeshore Rd E
Mississauga, ON L5E 1E2
881 Lakeshore Rd E, Mississauga — Listed at $999,000. 5 bedroom, 3 bathroom 2-Storey. MLS® W13531522.
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Description
Power of Sale. Property is being sold in "as is, where is". Exceptional opportunity to acquire a C4-zoned mixed-use property in the heart of Mississauga's rapidly evolving Lakeview community. Positioned on the prominent Lakeshore Road East corridor, this free-standing building offers outstanding visibility and a flexible layout suited to investors, owner-operators, or those seeking a live/work opportunity. The main level is currently configured for retail or professional office use and includes two additional rear rooms. The upper level features a self-contained one-bedroom residential unit, while the finished lower level offers a separate entrance and additional living space with in-law suite potential, subject to buyer verification. The property also features approximately 8-10 on-site parking spaces, an updated roof, and newer furnace and air conditioning. Concept drawings for a proposed three-storey mixed-use redevelopment are available for review, subject to all required municipal approvals. Ideally located on Lakeshore Road East with excellent exposure, the property is just minutes from Port Credit, the Lakeview Village waterfront redevelopment, public transit, major commuter routes, shopping, restaurants, and everyday amenities. (Includes some AI generated photos)
Property Details

Your agent: Vick Yogeswaran
REALTOR® · RE/MAX Realtron Realty Inc.
Listing Courtesy of: The Agency
MLS® #W13531522


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HouseIndex Take: 881 Lakeshore Road E
This multiplex (2-Storey) is located in the Lakeview neighbourhood of Mississauga.
The home offers 5+2 bedrooms, 3 bathrooms.
Features include a full, finished basement, 10 parking spaces.
Additional details: lot dimensions of 32 × 126 feet.
Listed at $999,000 CAD with annual property taxes of $6,750.91 (2025). This listing has been on the market for 2 days.
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About Mississauga Real Estate
This Multiplex 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.