723 Lakeshore Road E, Mississauga, ON L5G 1J7

Mississauga L5G 1J7 Ontario

MLS: W12748344

$1,245,000

Added 15 days ago | For Sale

Listed by: EXP REALTY

About Property

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.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 25 X 123
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Cawthra
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $14245
  • Bedrooms:
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:W12748344

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