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723 Lakeshore Road

Mississauga (Lakeview), Ontario L5G1J7

MLS # W12748344

$1,195,000

Property Details

Type

Multi-Family

Beds

Baths

Status

For Sale

About this property

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.

Mortgage Estimate

Estimated monthly payment

Calculating…

Estimate only. Taxes, insurance, condo fees, and lender terms are not included.

Monthly costs to verify

Property taxes: about $1,187/month based on listed annual taxes.

Estimate only. Confirm taxes, condo/maintenance fees, insurance, utilities, and lender terms before making decisions.

Facts & Location

Interior Size

2,000 sq ft

Parking

4 spaces

Lot Size

2000

Annual Taxes

$14,245

Listing data

Listing information is provided for personal, non-commercial use and should be independently verified before making real estate decisions.

Last refreshed: Aug 14, 2026 3:15 AM

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