For Sale · MLS# W12748344
Active
$1,195,000
723 LAKESHORE ROAD E
2,000Sq Ft

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About this home
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:66036)
Property facts
- Property type
- Multi-Family
- Building type
- Multi-Family
- Living area
- 2,000 sqft
- Lot size
- 2000 ac
- Lot frontage
- 25 ft
- Lot depth
- 123 ft
- Heating
- Natural gas Forced air
- Cooling
- Fully air conditioned
Listing courtesy of
EXP REALTY
Listed by: Haven Vincett
Phone: (866) 530-7737
The trademarks REALTOR®, REALTORS® and MLS® are controlled by The Canadian Real Estate Association (CREA). Listing data via CREA DDF®.