1169 Lakeshore Road East, Mississauga (Lakeview), Ontario L5E1G1

Property Description

Offering a rare mixed-use investment opportunity in the heart of Lakeview's on going transformation. This well-positioned property features a street-level commercial unit with 1 bathroom and an upper level apartment with 3 bedroom, 1 bathroom offering flexibility for investors, owner-operators, or those looking to combine business and residential use. Both spaces are separately metered, providing clear utility allocation and simplified management. The commercial unit benefits from direct frontage on Lakeshore Rd E, excellent street visibility, signage opportunities, and convenient access for customers. The existing commercial tenant is willing to stay, providing potential continuity of income for the next owner. Above, the spacious residential apartment offers a private entrance, three bedrooms, two bathrooms, natural light, and a practical layout. Add your personal touch and use it as a rental, principal residence, or live-workspace while generating additional income from the commercial component. Recent improvements include a new roof, providing an important capital upgrade and added peace of mind. Located in the evolving Lakeview community, the property is minutes from the waterfront, transit, major routes, and a growing mix of residential, retail, parks, and community amenities. With the area undergoing significant revitalization and development, this location offers an opportunity to own a mixed-use asset along one of Mississauga's established east-west corridors. A versatile property offering income potential today with the flexibility to adapt to your future plans. Lot's of future potential with the upcoming Lakeview Village master planned community just steps away! (id:5764)