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$999,000Asking Price

881 Lakeshore Road E, Mississauga, ON L5E 1E2

Lakeview, Mississauga

Multiplex
3 + 2
Bedrooms
3
Baths
10
Parking
Days on Market

Power of Sale. Property is being sold in "as is, where is". Exceptional opportunity to acquire a C4-zoned mixed-use property in the heart of Mississauga's rapidly evolving Lakeview community. Positioned on the prominent Lakeshore Road East corridor, this free-standing building offers outstanding visibility and a flexible layout suited to investors, owner-operators, or those seeking a live/work opportunity. The main level is currently configured for retail or professional office use and includes two additional rear rooms. The upper level features a self-contained one-bedroom residential unit, while the finished lower level offers a separate entrance and additional living space with in-law suite potential, subject to buyer verification. The property also features approximately 8-10 on-site parking spaces, an updated roof, and newer furnace and air conditioning. Concept drawings for a proposed three-storey mixed-use redevelopment are available for review, subject to all required municipal approvals. Ideally located on Lakeshore Road East with excellent exposure, the property is just minutes from Port Credit, the Lakeview Village waterfront redevelopment, public transit, major commuter routes, shopping, restaurants, and everyday amenities. (Includes some AI generated photos)

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Power of Sale. Property is being sold in "as is, where is". Exceptional opportunity to acquire a C4-zoned mixed-use property in the heart of Mississauga's rapidly evolving Lakeview community. Positioned on the prominent Lakeshore Road East corridor, this free-standing building offers outstanding visibility and a flexible layout suited to investors, owner-operators, or those seeking a live/work opportunity. The main level is currently configured for retail or professional office use and includes two additional rear rooms. The upper level features a self-contained one-bedroom residential unit, while the finished lower level offers a separate entrance and additional living space with in-law suite potential, subject to buyer verification. The property also features approximately 8-10 on-site parking spaces, an updated roof, and newer furnace and air conditioning. Concept drawings for a proposed three-storey mixed-use redevelopment are available for review, subject to all required municipal approvals. Ideally located on Lakeshore Road East with excellent exposure, the property is just minutes from Port Credit, the Lakeview Village waterfront redevelopment, public transit, major commuter routes, shopping, restaurants, and everyday amenities. (Includes some AI generated photos)

Key Info

  • 2-Storey Multiplex
  • 4+ Parking
  • No Garage
  • Lakeshore Rd E/Cawthra
  • 1500-2000 Approximate Sq Feet
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • Central Air

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $6,750 in 2025
  • Possession: Immediate

Details

  • Brick Exterior
  • No Fireplace
  • 3 Kitchens
  •  
  • MLS #W13531522
  • The Agency

Extras

Room Floor Dimensions Details
1 Kitchen Main 13.75' x 7.09'
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom

Who lives here?

Lakeview, Mississauga is a west GTA neighbourhood notable for its singles, executives, education, law & public sector professionals and tradespeople. It has a higher than average population of Polish speakers. Residents tend to be older with a significant number of adults aged 35 to 44, 35 to 44, 35 to 44 and 35 to 44 and seniors aged 65 to 69.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Mississauga  (1.4)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

45% of residents are
single and loving it.

45% singles

Mississauga (44%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

26% of residents
are renters.

26% renters

Mississauga (29%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

33% of residents are
university grads.

33% university grads

Mississauga (45%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$119K

is the average household
income in the neighbourhood.

Mississauga  ($125K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 15%
Business 11%
Trades 10%
Management 8%
Government 7%

Immigrants

36% of residents were
born outside of Canada.

36% immigrants

Mississauga (56%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Poland was once home to 4.5% of immigrants.
Portugal 3.3%
UK 2.1%
Italy 1.9%
Philippines 1.7%

4.5% from Poland
All-time

Birthplace - Recent

China was once home to 0.7% of immigrants.
Poland 0.6%
Philippines 0.5%
Pakistan 0.3%
Ukraine 0.2%

0.7% from China
Recent

Foreign Languages

Foreign Languages

Polish 5%
Portuguese 5%
Italian 3%
Ukrainian 2%
Spanish 2%

Religions

Religions

Christian 74%
Hindu 2%
Muslim 2%
Buddhist 1%
Jewish 1%