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5 - 885 LAKESHORE ROAD E, Mississauga (Lakeview)
2025-10-02
Quick Summary
- Location
- 5 - 885 LAKESHORE ROAD E, Mississauga (Lakeview), Ontario L5E1E2
- Price
- $735,000
- Status:
- For Sale
- Property Type:
- Retail
- Area:
- 880 sqft
MLS®#W12439071
Property Description
Income Property - Cash-Flow Ready | Exceptionally Unique Main-Floor Opportunity. Welcome to an extremely rare, ground-level mixed-use unit in a boutique low-rise building in the heart of Lakeview. Fully situated on the main floor, this bright and airy space delivers a true loft-style aesthetic with exceptional versatility-zoned for both commercial and residential use, making it a standout investment with long-term flexibility. Currently occupied by a reliable commercial tenant, this unit is cash-flow ready, offering immediate income from day one. The tenant's lease ends this summer, allowing the new owner to either occupy the space or re-rent it at market rates-an ideal scenario for investors seeking strong income potential and strategic control of the property. The open-concept layout features soaring 10.5 ft ceilings, two rooms, two washrooms, a full-size kitchen, and ensuite laundry. With two separate entrances, the front portion provides excellent retail visibility along Lakeshore Road-perfect for an office, meeting room, or client-facing business setup. Additional features include a private outdoor patio and two direct parking spaces, offering convenience and ease for both occupants and customers. Perfectly positioned just steps to Lakefront Promenade Park and Marina, minutes from vibrant Port Credit, and with fast access to Long Branch GO for a 25-minute commute to downtown Toronto, this property blends location, income stability, and future upside.A rare, ultra-unique main-floor opportunity-the perfect addition to any investor's portfolio. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Recreation
Building
- Appliances: Window Coverings
- Cooling Type: Fully air conditioned
- Fireplace: No
- Interior Size: 880 sqft
- Building Type: Residential Commercial Mix
- Utility Water: Municipal water
Zoning
- Description: C4 -29 - Mixed Use
Information entered by CHESTNUT PARK REAL ESTATE LIMITED
Listing information last updated on: 2025-11-18 19:27:54
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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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