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723 Lakeshore Rd E 2,000 SF 100% Leased Retail Building Mississauga, ON L5G 1J7 $912,676 USD ($456.34 USD/SF)



Executive Summary
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. Zoning by-law approval, 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.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,000 SF
Building Class
C
Year Built
1975
Price
$912,676 USD
Price Per SF
$456.34 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.66
Lot Size
0.07 AC
Zoning
C4 - Commercial
Parking
4 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
25’ on Lakeshore Rd East
Amenities
- Bus Line
- Dedicated Turn Lane
Walk Score®
Very Walkable (84)
Nearby Major Retailers
1 of 4
Videos
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723 Lakeshore Rd E
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