723 LAKESHORE ROAD E, Mississauga (Lakeview)

2026-02-02
 

Quick Summary

Location
723 LAKESHORE ROAD E, Mississauga (Lakeview), Ontario L5G1J7
Price
$1,245,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
2000 sqft
Garages:
4

MLS®#W12748344

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. (id:32467)

Property Features

Building

  • Cooling Type: Fully air conditioned
  • Fireplace: No
  • Interior Size: 2000 sqft
  • Building Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Land Size: 2000 ac

Zoning

  • Description: C4

Information entered by EXP REALTY
Listing information last updated on: 2026-04-07 14:46:21


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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.

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What is the deal exactly, with One Percent?

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