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$999,000
New Listing

881 Lakeshore Road E
Mississauga, ON L5E 1E2

For Sale|Multi Family|Active
5
Beds
3
Total Baths
County:
Peel
Call Now: 416-570-8405
Is this the listing for you? We can help make it yours.
416-570-8405
881 Lakeshore Road E881 Lakeshore Road E881 Lakeshore Road E881 Lakeshore Road E
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Mortgage Calculator

Monthly Payment (Est.)

$4,558
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Power of Sale. Property is being sold in "as is, where is". Exceptional opportunity to acquire a C4-zoned mixed-use property in the heart of Mississauga's rapidly evolving Lakeview community. Positioned on the prominent Lakeshore Road East corridor, this free-standing building offers outstanding visibility and a flexible layout suited to investors, owner-operators, or those seeking a live/work opportunity. The main level is currently configured for retail or professional office use and includes two additional rear rooms. The upper level features a self-contained one-bedroom residential unit, while the finished lower level offers a separate entrance and additional living space with in-law suite potential, subject to buyer verification. The property also features approximately 8-10 on-site parking spaces, an updated roof, and newer furnace and air conditioning. Concept drawings for a proposed three-storey mixed-use redevelopment are available for review, subject to all required municipal approvals. Ideally located on Lakeshore Road East with excellent exposure, the property is just minutes from Port Credit, the Lakeview Village waterfront redevelopment, public transit, major commuter routes, shopping, restaurants, and everyday amenities. (Includes some AI generated photos)

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Listing Snapshot
Price 
$999,000
Days On Site 
0 Days
Bedrooms 
5
Inside Area (SqFt) 
N/A
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
4,032 Acres
Year Built 
N/A
MLS® Number 
W13531522
Status 
Active
Property Tax 
$6,750.91
Maintenance Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 hours agoListing first seen on site
8 hours agoListing updated with changes from the MLS®
General Features
Cross Street 
Lakeshore Rd E/Cawthra
Direction Faces 
West
Number Of Stories 
2
Parking 
PrivateOther
Parking Spaces 
10
Property Sub Type 
Multi Family
Style 
2-Storey
Water Source 
Public
Zoning 
C4
Interior Features
Basement 
FullFinished
Cooling 
Central Air
Heating 
Natural GasForced Air
Interior 
Other
Bedroom 
Dimensions - 3.0 x 6.07Level - Second
Dining Room 
Dimensions - 2.03 x 2.11Level - Main
Family Room 
Dimensions - 3.25 x 3.94Level - Main
Foyer 
Dimensions - 1.55 x 0.86Level - Second
Kitchen 
Dimensions - 4.11 x 3.35Level - Second
Laundry 
Dimensions - 3.68 x 2.03Level - Basement
Living Room 
Dimensions - 2.72 x 4.7Level - Main
Master Bedroom 
Dimensions - 3.23 x 3.58Level - Main
Other 
Dimensions - 1.57 x 1.57Level - Second
Recreation 
Dimensions - 5.87 x 9.98Level - Basement
Utility Room 
Dimensions - 3.23 x 2.93Level - Basement
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Exterior Features
Construction Details 
Brick
Pool Features 
None
Roof 
Asphalt
Listing courtesy of The Agency

Listing information is provided by Participants of the Toronto Real Estate Board. VOW information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Toronto Real Estate Board
Last checked 2026-07-07 09:36 PM UTC

Neighborhood & Commute
Source: Walkscore
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