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$735,000
Available - For Sale
Listing ID: W12439071
885 Lakeshore Road East , Mississauga, L5E 1E2, Peel


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.
Price $735,000
Taxes: $5556.00
Tax Type: Annual
Monthly Condo Fee: $390
Occupancy: Tenant
Address: 885 Lakeshore Road East , Mississauga, L5E 1E2, Peel
Postal Code: L5E 1E2
Province/State: Peel
Legal Description: UNIT 3, LEVEL 1, PEEL STANDARD CONDOMINI
Directions/Cross Streets: Cawthraw / Lakeshore Rd.
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 0
Washroom Type 12 0
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Washroom Type 16 0
Washroom Type 17 0
Washroom Type 18 0
Washroom Type 19 0
Washroom Type 20 0
Washroom Type 21 0
Washroom Type 22 0
Washroom Type 23 0
Washroom Type 24 0
Washroom Type 25 0
Washroom Type 26 0
Washroom Type 27 0
Washroom Type 28 0
Washroom Type 29 0
Washroom Type 30 0
Category: Store With Apt/Office
Building Percentage: F
Total Area: 880.00
Total Area Code:  Square Feet
Office/Appartment Area: 20
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Recreation/Comm  
Approximatly Age: 16-30
Sprinklers: Part
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CHESTNUT PARK REAL ESTATE LIMITED
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At a Glance:
Type: Com - Store W Apt/Office
Area: Peel
Municipality: Mississauga
Neighbourhood: Lakeview
Style:
Lot Size: x 0.00(Feet)
Approximate Age: 16-30
Tax: $5,556
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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