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881 Lakeshore Road

Mississauga (Lakeview), Ontario L5E1E2

MLS # W13531522

$999,000

Property Details

Type

Multi-Family

Beds

5

Baths

3

Status

For Sale

About this property

Power of Sale. Property is being sold in "as is, where is". Exceptional opportunity to acquire a C4-zoned mixed-use property in the heart of Mississauga's rapidly evolving Lakeview community. Positioned on the prominent Lakeshore Road East corridor, this free-standing building offers outstanding visibility and a flexible layout suited to investors, owner-operators, or those seeking a live/work opportunity. The main level is currently configured for retail or professional office use and includes two additional rear rooms. The upper level features a self-contained one-bedroom residential unit, while the finished lower level offers a separate entrance and additional living space with in-law suite potential, subject to buyer verification. The property also features approximately 8-10 on-site parking spaces, an updated roof, and newer furnace and air conditioning. Concept drawings for a proposed three-storey mixed-use redevelopment are available for review, subject to all required municipal approvals. Ideally located on Lakeshore Road East with excellent exposure, the property is just minutes from Port Credit, the Lakeview Village waterfront redevelopment, public transit, major commuter routes, shopping, restaurants, and everyday amenities. (Includes some AI generated photos)

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 $563/month based on listed annual taxes.

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

Rooms

Room Level Dimensions
Recreational, Games room Basement 5.87 x 9.98
Living room Second level 3.05 x 5.41
Kitchen Second level 4.11 x 3.35
Bedroom Second level 3 x 6.07
Foyer Second level 1.55 x 0.86
Utility room Basement 3.23 x 2.93
Laundry room Basement 3.68 x 2.03
Kitchen Main level 4.19 x 2.16
Family room Main level 3.25 x 3.94
Living room Main level 2.72 x 4.7
Dining room Main level 2.03 x 2.11
Bedroom Main level 2.79 x 3.94
Primary Bedroom Main level 3.23 x 3.58
Other Second level 1.57 x 1.57

Facts & Location

Parking

10 spaces

Lot Size

32 x 126 FT

Annual Taxes

$6,751

Listing data

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

Last refreshed: Aug 17, 2026 3:16 AM

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