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$ 1,245,000
Est. payment | /mo
$ 1,245,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Lakeview
MLS Listing ID W12748344
Annual Tax Amount $14,245
Tax Year 2025
Property Sub-Type Investment
Property 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.
Location
State ON
County Peel
Area Peel
Zoning C4
Interior
Cooling Yes
Exterior
Parking Features None
Utilities Available Yes
Building
Lot Description Lot
Lited by EXP REALTY
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