723 Lakeshore Road, Mississauga, ON L5G 1J7
$1,245,000
activeNEWMLS® #W12748344 · Commercial · For Sale
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.
Features
Property Details
Listing Information
Brokerage: EXP REALTY
Listed: 2026-03-03
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Re/Max Crossroads Realty Inc., Brokerage — 533 Danforth Rd, Scarborough ON M1K 1C9