$1,245,000
FOR SALE

Investment

Lot: 25 x 123 ft
2025 Taxes: $14,245

723 Lakeshore Rd E
Mississauga, ON L5G 1J7 | Lakeview | Peel

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.
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Listed By EXP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W12748344
Last Updated Apr 07, 2026
Property Summary
Property Type Investment

More like this:
PIN 134740142
Legal Description PT LT 99, PL C23 , AS IN RO754148, S/T AND T/W IN RO754148 ; MISSISSAUGA
Possession Date Flexible
Taxes (2025) $14,245
Directions/Cross Streets Cawthra
Neighbourhood Lakeview
Area Peel
Price History

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Detailed Information
Freestanding Y
Lot 25 x 123 ft
Air Conditioning Yes
Garage Type None
Parking Spaces 4
Heat Type Gas Forced Air Closed

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