This House at 881 Lakeshore Road E Mississauga, ON with the MLS Number w12366865 listed by INGRID LARA - Royal Lepage Real Estate Associates on the Mississauga market 1 week ago at $1,400,000.
Mixed-Use, Multi-Stream Potential in Lakeview. Rarely does a property check this many boxes at once. End-user, investor, live/work, future development, you name it. 881 Lakeshore Road East is a free-standing mixed-use building with coveted C4 zoning, set in the heart of Mississauga's rapidly evolving Lakeview waterfront. The main floor offers a refreshed retail or office space complete with two bedrooms behind it (the main level shows light-grey wide-plank laminate flooring, freshly painted neutral walls, a bright white kitchen with white cabinetry, a decorative black-and-white patterned tile backsplash, and an adjacent contemporary powder/half-bath with single sink and mirror), while the second floor brings a modern, self-contained one-bedroom apartment (renderings and exterior views indicate a private balcony and large windows for natural light). Down below, a finished basement in-law suite with separate entrance creates even more flexibility (architectural images show a dedicated lower-level street access and a potential ground-level garage/parking door as part of the proposed design). Translation: multiple revenue streams, live/work potential, or a portfolio-worthy income property. On the practical side: 8-10 parking spaces, an updated roof (2022), newer furnace and A/C, plus drawings already available for a future three-storey mixed-use build (the provided renderings illustrate a contemporary three-storey concept with multiple balconies, modern facade treatments, exterior stair access and integrated garage/parking at grade). With prime Lakeshore exposure, you're across from high-traffic businesses, minutes from Port Credit, and surrounded by Inspiration Lakeview, the city's transformative waterfront redevelopment that's reshaping this entire community. For the visionary investor, savvy entrepreneur, or anyone searching for the ultimate hybrid of home and business, this is a rare opportunity in a location that's only getting hotter. Includes 3 fridges and 3 stoves. Property sold as is. (id:1945)
Show more
Property Details
Key information about 881 Lakeshore Road E
Cooling:
Central air conditioning
Heating:
Forced air
Natural gas
Structure Type:
House
Exterior Features:
Brick
Interior Features
Discover the interior design and amenities
Basement:
Finished
Separate entrance
N/A
Appliances:
Refrigerator
Stove
Exterior & Lot Features
Learn about the exterior and lot specifics of 881 Lakeshore Road E
Water Source:
Municipal water
Parking Features:
No Garage
Lot Size Dimensions:
32 x 126 FT
Utilities & Systems
Review utilities and system installations
Sewer:
Sanitary sewer
More Details and Features
powered by
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of
The Canadian Real Estate Association
Nearby Listings Stat
Estimated price and comparable properties near 881 Lakeshore Road E
Active listings
21
Min Price
$799,900
Max Price
$1,899,000
Avg Price
$1,387,733
Days on Market
40 days
Sold listings
10
Min Sold Price
$1,199,999
Max Sold Price
$1,850,000
Avg Sold Price
$1,465,480
Days until Sold
38 days
Nearby Places
Nearby schools and amenities around 881 Lakeshore Road E
School (3)
Shopping Mall (1)
Cawthra Park Secondary School
(0.9 km)
1305 Cawthra Rd, Mississauga
Gordon Graydon Memorial Secondary School
(1.5 km)
Mississauga
Port Credit Secondary School
(2.5 km)
70 Mineola Rd E, Mississauga
Dixie Outlet Mall
(2.2 km)
1250 S Service Road, Mississauga
Price History
Listed
August 27, 2025
by Royal Lepage Real Estate Associates
Residential For Sale
$1,400,000
More Details?
INGRID LARA
Royal Lepage Real Estate Associates
416-820-3935
Video Tour
Similar Homes For Sale
Comparison of 881 Lakeshore Road E, Mississauga, ON with
Nearby Homes