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$ 1,400,000
Est. payment /mo
New
881 Lakeshore RD E Peel, ON L5E 1E2
4 Beds
3 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Lakeview
MLS Listing ID W12484672
Style 2-Storey
Bedrooms 4
Annual Tax Amount $4,381
Tax Year 2025
Property Sub-Type Detached
Property Description
Mixed-Use, Multi-Stream Potential in Lakeview. Rarely does a property check this many boxes at once. End-user, investor, live/work, future development, you name it. 881 Lakeshore Road East is a free-standing mixed-use building with coveted C4 zoning, set in the heart of Mississauga's rapidly evolving Lakeview waterfront. The main floor offers a refreshed retail or office space complete with two bedrooms behind it, while the second floor brings a modern, self-contained one-bedroom apartment. Down below, a finished basement in-law suite with separate entrance creates even more flexibility. Translation: multiple revenue streams, live/work potential, or a portfolio-worthy income property. On the practical side: 8-10 parking spaces, an updated roof (2022), newer furnace and A/C, plus drawings already available for a future three-storey mixed-use build. With prime Lakeshore exposure, you're across from high-traffic businesses, minutes from Port Credit, and surrounded by Inspiration Lakeview, the city's transformative waterfront redevelopment that's reshaping this entire community. For the visionary investor, savvy entrepreneur, or anyone searching for the ultimate hybrid of home and business, this is a rare opportunity in a location that's only getting hotter. Includes 3 fridges and 3 stoves. Property sold as is.
Location
Province ON
County Peel
Community Lakeview
Area Peel
Rooms
Family Room No
Basement Separate Entrance, Finished
Kitchen 3
Separate Den/Office 1
Interior
Interior Features In-Law Capability
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Shingles
Lot Frontage 32.0
Lot Depth 126.0
Total Parking Spaces 8
Building
Foundation Poured Concrete
Others
ParcelsYN No
Listed by Royal Lepage Real Estate Associates