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5 - 885 LAKESHORE ROAD E, Mississauga (Lakeview)
2025-10-01
Quick Summary
- Location
- 5 - 885 LAKESHORE ROAD E, Mississauga (Lakeview), Ontario L5E1E2
- Price
- $735,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 800 - 899 sqft
- Bedrooms:
- 2
- Bathrooms:
- 2
MLS®#W12435870
Property Description
A truly unique and hard-to-find ground-level mixed-use unit in the heart of Lakeview, offering an excellent opportunity for both investors and future owner-occupiers. Located in a boutique low-rise building along Lakeshore Road, this bright, open-concept property features modern loft-style finishes and is zoned C4-29 for a wide range of commercial and live/work uses.Currently tenanted by a reliable, established commercial tenant paying market rent, this property is cash-flow ready and ideal for investors seeking short-term lease upside. The lease runs until June 30, 2026, allowing flexibility to re-lease at higher market rates upon expiry. For an end-user, the short remaining term remaining makes it ideal for owner-occupiers planning to transition into their own space, offering quick possession potential and versatility rarely found in this location.The functional layout features 10.5-foot ceilings, 2 rooms plus 2-baths, a full kitchen, and ensuite laundry. Two separate entrances provide a natural division between business and personal space, while the dedicated storefront offers excellent street exposure. A private patio and two direct parking spaces add convenience and appeal.Perfectly positioned steps from Lakefront Promenade Park and Marina, minutes from Port Credits vibrant shops and restaurants, and within easy reach of Long Branch GO Station for a quick 25-minute commute to downtown Toronto, this property is ideal for lawyers, accountants, designers, consultants, or wellness professionals looking to own their workspace rather than rent. Combining strong current income with future flexibility, it's a rare opportunity in one of Mississaugas most desirable lakefront communities. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Marina, Public Transit
Building
- Amenities: Visitor Parking
- Appliances: Water Heater, Water meter, Dishwasher, Dryer, Washer, Window Coverings
- Basement Type: None
- Cooling Type: Central air conditioning
- Exterior Finish: Brick, Concrete Block
- Fireplace: No
- Flooring Type: Ceramic
- Interior Size: 800 - 899 sqft
- Building Type: Apartment
Features
- Feature: In suite Laundry
Maintenance Fee
- Maintenance Fee: 390.00
Ownership
- Type: Condominium/Strata
Information entered by CHESTNUT PARK REAL ESTATE LIMITED
Listing information last updated on: 2025-10-23 03:35:07
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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