Located in highly desirable Clarkson, 1858 Lakeshore Rd W offers a rare mixed-use investment opportunity with strong visibility and long-term upside. This well-maintained commercial property features approximately 997 sq. ft. on the main floor, ideal for retail, professional, or service-based use, plus an additional 997 sq. ft. basement providing valuable storage or additional workspace. Above the commercial space are two self-contained residential apartments, creating multiple income streams and excellent investment flexibility. The property has a functional layout that supports both owner-occupiers and investors alike. The Lakeshore Rd facing apartment contains 2 bedrooms and 1 bathroom and the 2nd apartment in the back contains 3 bedrooms and 1 washroom. Both apartments have their own separate entrances. Property has 8 parking spots divided between the front and back of unit. Situated in a prime Lakeshore location, the building benefits from strong pedestrian and vehicular traffic, proximity to established neighbourhoods, transit, and nearby amenities. Whether you are looking to operate a business on the main level while generating residential rental income, or add a versatile asset to your portfolio, this property presents an exceptional opportunity in one of Mississauga's most sought-after areas. (id:47421)
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Detailed Information
Lot
18 x 188 ft
Amenities Nearby
Highway, Public Transit
Equipment
Water Heater
Listing Contract Date
2026-01-21
Location Description
Southdown and Lakeshore Rd
Property Type
Retail
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
C4-63
Building
Appliances
Dryer, Washer
Cooling Type
Partially air conditioned
Heating Type
Baseboard heaters
Size (Exterior)
2991 square feet
Type
Residential Commercial Mix
Utility Water
Municipal water
Land
Total Size
Bldg=18 x 188 FT
Amenities
Highway, Public Transit
Sewer
Sanitary sewer
Size of Irregular Land
Bldg=18 x 188 FT
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