723 Lakeshore Rd E, Mississauga, ON L5G 1J7, Canada
723 Lakeshore Rd E, Mississauga, ON L5G 1J7, Canada
$1,195,000
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Location Details
- City: Mississauga (Lakeview)
- Province: Ontario
Property Details
- SubdivisionName: Lakeview
- FrontageLength: 25 ft
Property Features
- Heating: Forced air
- HeatingFuel: Natural gas
- CoolingYN: True
- Cooling: Fully air conditioned
- ParkingTotal: 4
- OpenParkingYN: False
- GarageYN: False
- AttachedGarageYN: False
- CarportYN: False
- FireplacesTotal: 0
- PoolYN: False
- ViewYN: False
- WaterfrontYN: False
Basics
- Date added: Added 1 week ago
- Category: Multi-family
- Type: Multi-family
- Area: 2000 sq ft
- Lot size: 2000 sq ft
- SubdivisionName: Lakeview
- ListOfficeName: EXP REALTY
- MLS ID: W12748344
Courtesy of
- OfficeName: EXP REALTY
- ListAOR: Toronto Regional Real Estate Board
Description
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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. Minor Variance, 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:59398)
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Location
Building Details
- ParkingTotal: 4
- Heating: Forced air
Amenities & Features
- Waterfront available: No
- OpenParkingYN: No
- AttachedGarageYN: No
- GarageYN: No
- CarportYN: No
- PoolYN: No
- CoolingYN: Yes
- Cooling: Fully air conditioned
- Total Fireplaces: 0