$3,300,000
FOR SALE

Investment

Lot: 95 x 125 ftTotal Area: 11,875 ft2
2023 Taxes: $29,063

857-859 Lakeshore Rd E
Mississauga, ON L5E 1E2 | Lakeview | Peel

This Property Is Located In A Prime Location On A Busy Corner Of Lakeview Community In Mississauga. The Whole Area Is Undergoing Significant Intensification And Redevelopment. This Is A Great Property And Opportunity For End Users, Investors, Builders & Developers. The Property Consist Of 3 Lots Combined Together (8,9,10), 2 Municipal Addresses 857-859 Lakeshore Road East And 2 Legal PINS. Currently Tenanted And Operating As Successful Car Dealership Sales & Service. Large Corner Lot On Busy Intersection And Great Exposure. 4 Car Garage Bays, Reception Area, Offices & Large Surface Parking. Zoning Allows For Many Permitted Uses. The Property Is Also Site Plan Approved For A Development Proposal Of 4 Storey Mixed-Use Building With 12-3 Bedroom Units, Ground Floor Commercial/Retail & 16 Parking Spaces. Total GFA 26,541 SF.
Extras
3,000 SF Building With Zoning Permitting Car Sales, Service And Automotive Uses. Property Is Also Site Plan Approved For Redevelopment Of 4 Storey Mixed-Use Building.
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Listed By ROYAL LEPAGE YOUR COMMUNITY REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W8335116
Last Updated Aug 23, 2024
Property Summary
Property Type Investment

More like this:
Category Apartment
Occupancy Tenant
Possession Date TBA
Taxes (2023) $29,063
Tax Type Annual
Directions/Cross Streets Lakeshore Rd E & Hurontario St
Neighbourhood Lakeview
Area Peel
Price History

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Detailed Information
Freestanding Y
Lot 95 x 125 ft
Lot Irregularities Corner
Retail Area 3,000 ft2
Total Area 11,875 ft2
Air Conditioning N
Garage Type Other
Parking Spaces 30
Heat Type Baseboard
Area Influences Major Highway, Public Transit
Sprinklers N
Utilities A
Water Municipal
Survey Y
Lot/Bldg/Unit Code Lot
Zoning C4
Seller Property Info Statement N

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