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Est. payment /mo
5,963 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 5,963 sqft
Subdivision Lakeview
MLS Listing ID W13552220
Annual Tax Amount $7,144
Tax Year 2025
Property Sub-Type Investment
Lot Depth 150.0
Lot Front 40.0
Property Description
An exceptional investment opportunity in one of Mississauga's most desirable and rapidly evolving corridors. Offered together, 1199 & 1201 Lakeshore Road East present outstanding potential for investors, developers, and land bankers alike. Currently configured as a fully rentable duplex, the property provides immediate income while offering exciting future possibilities.Ideally positioned on highly desirable Lakeshore Road East, this property presents excellent land assembly potential (subject to all required approvals), making it an attractive opportunity to secure a strategic holding in a high-growth location. Surrounded by established neighbourhoods, amenities, transit, and major transportation routes, the site benefits from exceptional accessibility and long-term redevelopment potential.Whether you're seeking a stable income-producing asset, a future development opportunity, or a strategic addition to your investment portfolio, this is a rare chance to acquire a prime piece of Mississauga real estate with significant upside.
Location
Province ON
County Peel
Area Peel
Zoning EC (Employment Commercial Zone)
Interior
Cooling Yes
Inclusions All appliances in as in condition. Hot Water Tank in 1201 (owned) Washer and Dryer in 1199 not functional . New washer and dryer in 1201.
Exterior
Utilities Available Yes
Lot Frontage 40.0
Lot Depth 150.0
Others
Security Features No
ParcelsYN No
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Listed by ENGEL & VOLKERS TORONTO CENTRAL
Nearby School & Business
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