128 Lakeshore Road East, Mississauga | Image 1

128 Lakeshore Road East

Mississauga, Port Credit

  • Commercial

$7,499,000
For Sale

Added 2 weeks ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: C4 - Mainstreet

  • Age: No Data

  • Taxes: 60726

  • MLS®#: W11908824

  • Days on Site: 4 Days

  • Added: Jan 02, 2025 (2 weeks ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: BTG REALTY ADVISORS INC

Tremendous opportunity to purchase a ~12,500 SF mixed-use commercial building in the heart of the highly desirable Port Credit community. Located just steps from the Port Credit GO Station, MiWay bus stop and future terminus of the Hurontario LRT, the Property benefits from significant visibility and accessibility, given its superior corner block location. The Property features two storeys of open concept space which can be easily converted for a number of uses including a medical clinic, offices or various retail uses, to name a few. The Property also contains one residential apartment unit and benefits from ample onsite parking, including several garaged parking spots. The building can be remodeled for multi-tenant use and is located within walking proximity to numerous amenities and conveniences. Significant additional upside exists as the Purchaser can capitalize on the future development of the Property given the Vendor has attained zoning approval for an 8-Storey, 54,000 SF mixed-use residential building (Condo or Rental) on the site.

Property

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Area: Mississauga

  • Community: Port Credit

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: Y

Parking

  • Garage Type: Covered

  • Covered Parking Spaces: 8

Fees

  • Tax Year: 2024

  • Taxes: $60,726

  • Taxes Type: Annual

Land

  • Cross Street: Lakeshore Road East

  • Municipality District: Mississauga

  • Parcel Number: 134630071

  • Sewer: San+Storm

  • Lot Depth: 152.03 Feet

  • Lot Frontage: 66.15 Feet

  • Lot Irregularities: 10,000 SF Site

  • Zoning: C4 - Mainstreet

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

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Lot Code: Building

  • Building Percent: 100

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