Homes for sale - 885 Lakeshore RD East #5, Mississauga (lakeview), ...

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Lisa Laughton

lisalaughtonrealty@gmail.com +1(403) 804-1248

$ 735,000

Est. payment | -/mo

2 Beds

2 Baths

800 SqFt

Save

$ 735,000

Est. payment | -/mo

Save

2 Beds

2 Baths

800 SqFt

Key Details

Property Type Single Family Home

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 800 sqft

Price per Sqft $918

Subdivision Lakeview

MLS® Listing ID W12435870

Bedrooms 2

Condo Fees $390/mo

Property Sub-Type Condo

Source Toronto Regional Real Estate Board

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:24570)

Location

Province ON

Lake Name Lake Ontario

Rooms

Kitchen 1.0

Extra Room 1 Ground level 3.55 m X 3.93 m Living room

Extra Room 2 Ground level 3.52 m X 4.14 m Bedroom

Extra Room 3 Ground level 308 m X 3.89 m Bedroom 2

Extra Room 4 Ground level 4.23 m X 1.98 m Kitchen

Extra Room 5 Ground level 1.88 m X 5.13 m Foyer

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Ceramic

Exterior

Parking Features No

Community Features Pets Allowed With Restrictions

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Water Lake Ontario

Others

Ownership Condominium/Strata

Listed by CHESTNUT PARK REAL ESTATE LIMITED

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 804-1248

lisalaughtonrealty@gmail.com

1817 Crowchild Trl NW, Calgary, T2M, 4R6, Canada

885 Lakeshore RD East #5 Mississauga (lakeview), ON L5E1E2