128 Lakeshore Road East, Mississauga | Image 1

128 Lakeshore Road East

Mississauga, Port Credit

  • Commercial

$7,990,000
For Sale

Added 2 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: C4-Mainstreet Co

  • Age: No Data

  • Taxes: 60726

  • MLS®#: W9378821

  • Days on Site: 35 Days

  • Added: Oct 02, 2024 (2 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: BTG REALTY ADVISORS INC

ZONED DEVELOPMENT SITE (GFA: 54,000 SF): Prominently located in the heart of Port Credit, the Property presents the unique opportunity to acquire an OLT Approved 10,000 sf mid-rise development site within one of the GTA's most sought after locations. Approved for an 8-storey, 54,000 sf mixed-use residential building, the Property is positioned steps from the Port Credit GO, Hurontario LRT Station and MiWay bus stop, providing for tremendous transit connectivity, with Downtown Toronto, City Centre and Pearson Airport accessible within a 35 minute commute. Enjoy the many amenities of Port Credit with the marina, waterfront trails, parks, restaurants and boutiques all located within a short walking distance. Positioned within the affluent Port Credit node, the Property is suitable for either a condo or rental development. Site Plan Application has not been submitted providing Purchaser with flexibility to influence the final development, however, significant work has been completed by the Vendor to allow for the quick submission and approval of the Site Plan Application.

Extras

Opportunity to execute short team leases with current tenants to provide interim holding income in advance of construction.

Property

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Area: Mississauga

  • Community: Port Credit

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Heat Type: Gas Forced Air Open

  • Elevator: Frt+Pub

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: Covered

  • Covered Parking Spaces: 8

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 2, PL PC2 ECR , N/S TORONTO ST AS IN PC2417 ; MISSISSAUGA

  • Taxes: $60,726

  • Taxes Type: Annual

Land

  • Cross Street: Lakeshore Road East/

  • Municipality District: Mississauga

  • Parcel Number: 134630071

  • Sewer: San+Storm Avail

  • Lot Depth: 152.03 Feet

  • Lot Frontage: 66.15 Feet

  • Lot Irregularities: 10,000 sf Site

  • Zoning: C4-Mainstreet Co

Shipping Doors

  • Clearing Height (ft): 8

Commercial Specific

  • Retail Area: 9960

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 12482

  • Total Area Metric: Sq Ft

  • Office Size: 2522

  • Office Size Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: N

  • Crane: N

  • Lot Code: Lot

  • Survey: Y

  • Building Percent: 100

  • Financial Statement: N

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Walker's Paradise

  • Daily errands do not require a car.
93 /100

Good Transit

  • Some errands can be accomplished by public transportation.
57 /100

Bikeable

  • Some errands can be accomplished on bike.
55 /100
JK-6

Forest Avenue Public School

Elementary: Public
0.37 km
JK-8

St. James Catholic Global Learning Centr

Elementary: Catholic
1.25 km
JK-6

Kenollie Public School

Elementary: Public
1.20 km
JK-8

Riverside Public School

Elementary: Public
0.79 km
JK-6

Mineola Public School

Elementary: Public
0.97 km
JK-5

Janet I. McDougald Public School

Elementary: Public
2.01 km
9-12

Peel Alternative South

Secondary: Public
3.62 km
9-12

Peel Alternative South ISR

Secondary: Public
3.62 km
9-12

St Paul Secondary School

Secondary: Catholic
2.68 km
9-12

Gordon Graydon Memorial Secondary School

Secondary: Public
3.56 km
9-12

Port Credit Secondary School

Secondary: Public
1.00 km
9-12

Cawthra Park Secondary School

Secondary: Public
2.50 km
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