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$ 5,500,000
Est. payment | /mo
21,000 SqFt
$ 5,500,000
Est. payment | /mo
21,000 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 21,000 sqft
Price per Sqft $261
Subdivision Lakeview
MLS Listing ID W12456565
Annual Tax Amount $54,452
Tax Year 2025
Property Sub-Type Investment
Property Description
An exceptional opportunity to acquire a free-standing commercial investment property in Mississaugas sought-after Lakeview community one of the citys most dynamic and rapidly evolving neighbourhoods. The property features approx. 7,000 sq. ft. of building area situated on a generous 21,000 sq. ft. lot, offering excellent frontage and visibility along the high-traffic Lakeshore corridor connecting Port Credit, Lakeview, and Etobicoke. Currently fully leased to two long-term tenants, both established for over a decade, the property offers stable income and reliable cash flow with leases secured until 2031. The tenants include professional and community-based organizations that provide consistent occupancy and minimal turnover. With 30 on-site parking spaces, the site offers convenience and accessibility for staff, clients, and visitors. Located minutes from the waterfront, Lakeview Village redevelopment, and Long Branch GO Station, this area is undergoing major transformation a 177-acre master-planned community bringing over 8,000 new residential units, along with retail, office, and cultural amenities. This large-scale revitalization will significantly enhance population density, pedestrian traffic, and long-term value across the corridor. Excellent regional connectivity via the QEW, Gardiner Expressway, and the future Lakeview GO Station makes this a highly strategic and visible location for investors seeking both income stability and growth potential. A rare opportunity to secure a high-quality, income-producing asset with a strong tenant profile in a neighbourhood positioned for sustained appreciation.
Location
Province ON
County Peel
Community Lakeview
Area Peel
Zoning C4 (Mixed Use Commercial/Residential)
Interior
Cooling Yes
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Yes
Lot Frontage 200.0
Lot Depth 105.0
Building
Building Age 31-50
Others
Security Features No
Listed by RE/MAX ELITE REAL ESTATE
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