723 LAKESHORE ROAD E, Mississauga (Lakeview), Ontario, L5G1J7

Property Description

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. Zoning by-law approval, 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. (id:64974)

Quick Facts

• Property Type: Multi-Family
• Bedrooms: None
• Bathrooms: None
• Living Area: 2,000 sq ft (185.8 m²)
• Attached: Yes
• Parking: 4 spaces
• Lot Size: 2000.0000 acres (809.37 ha)
• Frontage: 25 ft (7.6 m)

Costs

• Annual Taxes: $14,245.00 (2025)

Listing Provided by: EXP REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.