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881 LAKESHORE ROAD E, Mississauga (Lakeview), Ontario, L5E1E2

MLS: W12795372 | Residential Commercial Mix

$1,199,000

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Property Description

Mixed-use property with C4 zoning located along the Lakeshore corridor in Lakeview, Mississauga. Free-standing building offering a flexible layout suitable for end-users, investors, or live/work configurations. The main floor is configured for retail or office use with two additional rooms behind. The second floor contains a self-contained one-bedroom apartment, while the basement features a finished in-law suite with a separate entrance. The property allows for multiple potential income streams or a combination of commercial and residential use. Additional features include 8-10 parking spaces, updated roof, and newer furnace and A/C. Concept drawings are available for a future three-storey mixed-use redevelopment, subject to zoning and approvals. Prominent exposure along Lakeshore Road East, positioned across from established businesses and within close proximity to Port Credit and the Lakeview Village waterfront redevelopment. Convenient access to transit routes, major roads, and surrounding neighbourhood amenities. Includes 2 fridges and 2 stoves. Power of sale. Property sold as is, where is. (id:64974)

Directions: Lakeshore Rd E/Cawthra

Quick Facts

  • Property Type: Residential Commercial Mix
  • Bedrooms: None
  • Bathrooms: None
  • Living Area: 1,500 sq ft (139.4 m²)
  • Frontage: 32 ft (9.8 m)

Costs

  • Annual Taxes: $6,750.91

Listing Provided by: Royal Lepage Real Estate Associates
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.

Detailed Features

Interior & Systems

  • Heating: Forced air, Natural gas
  • Cooling: Fully air conditioned

Exterior & Construction

  • Water: Municipal water

Lot & Land

  • Frontage: 32 ft (9.8 m)
  • Zoning: C4

Community & Neighbourhood

  • Neighbourhood: Lakeview

Listing Information

MLS® NumberW12795372
BoardToronto
Originating SystemToronto Regional Real Estate Board
BrokerageRoyal Lepage Real Estate Associates
Date ListedFebruary 17, 2026
Last UpdatedMarch 14, 2026

Listing History

Buy/Sell/Terminated/Expired listing history for 881 LAKESHORE ROAD E, Mississauga (Lakeview), Ontario, L5E1E2

DateDays on MarketPriceEventListing ID
🔄3/14/202624Status ChangedW12795372
2/17/20260$1,199,000For SaleW12795372
2/17/20260$1,199,000ListedW12795372

Location & Neighborhood

📍881 LAKESHORE ROAD E, Mississauga, Ontario, L5E1E2
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