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$1,365,000
Est. payment /mo
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Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Subdivision Clarkson
MLS Listing ID W12717544
Annual Tax Amount $11,308
Tax Year 2025
Property Sub-Type Store W Apt/Office
Lot Depth 188.0
Lot Front 18.0
Property Description
Located in highly desirable Clarkson, 1858 Lakeshore Rd W offers a rare mixed-use investment opportunity with strong visibility and long-term upside. This well-maintained commercial property features approximately 997 sq. ft. on the main floor, ideal for retail, professional, or service-based use, plus an additional 997 sq. ft. basement providing valuable storage or additional workspace. Above the commercial space are two self-contained residential apartments, creating multiple income streams and excellent investment flexibility. The property has a functional layout that supports both owner-occupiers and investors alike. The Lakeshore Rd facing apartment contains 2 bedrooms and 1 bathroom and the 2nd apartment in the back contains 3 bedrooms and 1 washroom. Both apartments have their own separate entrances. Property has 8 parking spots divided between the front and back of unit. Situated in a prime Lakeshore location, the building benefits from strong pedestrian and vehicular traffic, proximity to established neighbourhoods, transit, and nearby amenities. Whether you are looking to operate a business on the main level while generating residential rental income, or add a versatile asset to your portfolio, this property presents an exceptional opportunity in one of Mississauga's most sought-after areas.
Location
Province ON
County Peel
Area Peel
Zoning C4-63
Interior
Cooling Partial
Inclusions 3 fridges, 2 stoves, washing machines and dryers in basement (sold as is), large wood table in basement. AC unit for retail store. Security cameras and TV in store(sold as is), Baseboard heaters.
Exterior
Community Features Major Highway, Public Transit
Utilities Available Available
Lot Frontage 18.0
Lot Depth 188.0
Others
Security Features No
ParcelsYN No
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Listed by SUTTON GROUP QUANTUM REALTY INC.
Nearby School & Business
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