723 Lakeshore Road E, Mississauga, ON L5G 1J7 - Serik Realty

723 Lakeshore Road E, Mississauga, ON L5G 1J7

Listed For : $1,245,000
Your Cash Back is $18,675 (*Terms and Conditions Apply)
Listed On :

Garage / Parking Places: 4
Date Started Date Ended Price Event Listing ID
Key Features
Listing Key: W12748344
Brokage: EXP REALTY
Listed On: 2026-02-01
Updated On: 2026-04-07
Property Type: Investment
Community: Lakeview
Municipality: Mississauga
Cooling: Yes
Heating Type: Gas Forced Air Closed
Cross Street: Cawthra
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. Zoning by-law approval, 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.
Buyer to pay remaining architectural, engineer & associated fees. Commercial Tenant to stay - 2033 Lease Expiry + 5 YR renewal option
Private Notes
Buyer to pay remaining architectural, engineer & associated fees. Commercial Tenant to stay - 2033 Lease Expiry + 5 YR renewal option
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