803 Lakeshore Road,Mississauga, ON L5E 1C8
Mississauga, ON L5E 1C8
Description
Dare to compare !! Exceptional commercial/residential property,same owners for the last 59 years, meticulously maintained with many upgrades. This is an income generating building in a highly visible location,fronting on lakeshore with excellent exposure to both pedestrian and vehicular traffic, offering strong visibility for the retail component and convenient access to the residential tenants.The property features 3x2 bedrooms apartments and one retail space, providing an attractive combination of commercial and residential uses.The property is currently fully tenanted with leases in place until 2027,with tenants willing to stay offering immediate income to the next owner, Extensively upgraded and carefully maintained, the building features updated windows, roof and four side stucco finish, 400 amp electrical service,five separate meters,a new tankless water heater and a new air condition unit (for store only). With its long-standing ownership,established tenancy,significant recent improvements,multiple income streams and prime lakeshore exposure, this property represent an excellent opportunity for investors or owner-users seeking a solid,income producing asset with long term potential.Great upside in years to come with new developments coming to the area !!!
Details
| MLS # | W13733864 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 61 |
| Listing Provided By | CASTLEMORE REAL ESTATE LIMITED | W13733864 032900 |
Features
| SQ Feet | 3,500 |
|---|---|
| Acreage | 0.08 |
Interior
| Cooling | Partial |
|---|
Exterior
| Community Features | Greenbelt/Conservation, Major Highway |
|---|---|
| Security Features | Partial |
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 10940 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | plan C23 lot28 |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Peel |
| City | Mississauga |
| Postal Code | L5E 1C8 |
| Area | Lakeview |
| Listing VS Median (in L5E 1C8) | |
Price: $1,799,000 low | high Med: $1,399,450 sqft: 3,500 low | high Med: 2,225 $ / sqft: $514 low | high Med: $783 On site: 61 low | high Med: 38.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Peel |
| City | Mississauga |
| Postal Code | L5E 1C8 |
| Area | Lakeview |
| Listing VS Median (in L5E 1C8) | |
Price: $1,799,000 low | high Med: $1,399,450 sqft: 3,500 low | high Med: 2,225 $ / sqft: $514 low | high Med: $783 On site: 61 low | high Med: 38.5 | |
