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$735,000
Ontario,Mississauga (Lakeview)
For Sale Active
5 - 885 LAKESHORE ROAD E, Mississauga (Lakeview), Ontario L5E1E2
  • 880 Sqft
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Basic Details
Description

Income Property – Cash Flow Ready. Welcome to this rarely offered ground-level mixed-use unit in a boutique low-rise building in the heart of Lakeview. Bright and airy with a loft-like appeal, this versatile space is zoned for both commercial and residential use, making it a prime choice for investors seeking steady income and long-term flexibility. Currently tenanted by a reliable

commercial occupant, the property is truly cash-flow ready, providing immediate returns with short-term lease upside. The upcoming lease renewal offers the opportunity to reposition or re-lease at higher market rents, creating excellent potential for value growth.The open-concept layout features soaring 10.5-foot ceilings, two rooms plus two washrooms, a full-size kitchen, and ensuite laundry. With two separate entrances, the front portion offers prime retail visibility along Lakeshore Road and can be used as an office, meeting room, or client-facing workspace. Additional highlights include a private patio and two direct parking spaces, ensuring convenience for both occupants and customers. Ideally located steps from Lakefront Promenade Park and Marina, minutes from vibrant Port Credit, and with quick access to Long Branch GO Station for a 25-minute commute to downtown Toronto, this property combines location, income stability, and future potential a perfect addition to any investors portfolio. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: W12439071
  • Price: $735,000
  • Square Footage: 880 Sqft
  • Status: Active
  • Property Sub Type: Retail
  • Office Key: 51236
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Mississauga (Lakeview), L5E1E2
  • Street: Lakeshore
  • Street Number: 885
  • Street Suffix: Road
  • Longitude: W80° 26' 16.6''
  • Latitude: N43° 34' 26.6''
  • Street Dir Suffix: East
Additional Information
  • Water Source:
Financial
  • Tax Annual Amount: 5556
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Listing updated: 2025-11-04 04:49:07
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Listing Information
  • List Agent Key: 1964489
  • List Office Key: 51236
  • Modification Timestamp: 2025-10-23T03:55:34Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2025-10-23T03:36:26Z
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Listing updated: 2025-11-04 04:49:08

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I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with Zubic Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

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