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For Sale
Power of Sale

881 Lakeshore Road E

Lakeview, Mississauga, ON
$999,000
3+2Bd
3Ba
1,750+sqft
10Parking
32 x 126 ftlot
$571/sqft
MultiplexMLS# W13531522Listed 2026-07-0715 DOM
Cooling
Central Air
Basement
Finished

About this home

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)

WaterfrontIn-law Suite

Rooms

Main Floor
Kitchen4.19 × 2.16 m
Family Room3.25 × 3.94 m
Living Room2.72 × 4.70 m
Dining Room2.03 × 2.11 m
Bedroom2.79 × 3.94 m
Primary Bedroom3.23 × 3.58 m
Second Floor
Other1.57 × 1.57 m
Living Room3.05 × 5.41 m
Kitchen4.11 × 3.35 m
Bedroom3.00 × 6.07 m
Foyer1.55 × 0.86 m
Basement
Recreation5.87 × 9.98 m
Utility Room3.23 × 2.93 m
Laundry3.68 × 2.03 m

Features

  • Other
  • Full
  • Finished
  • Central Air
  • 2-Storey

Financials

Annual Taxes
$6,750.91

Estimated Rental Income

Entire property$3,200 – $4,800/mo
Rental yield3.8% – 5.8%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Mississauga

Days on market15 days
Buyer's MarketSeller's Market

Based on active listings in Mississauga. Data updates daily.

Demographics — Mississauga

Population
717,961
Avg Household Income
$105,000
Age Distribution
0-19
21%
20-34
20%
35-49
21%
50-64
20%
65+
18%
Ownership
71% own · 29% rent
EnglishUrduArabicPunjabiPolish

Our estimate for this home

Priced 19.5% above estimate
Estimated range
$773K$899K
Mid-point $836K · ~$478/sqft
How this listing compares
$773KList · $999K$899K
High confidence·Based on 444 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$999,000
881 Lakeshore Road E, Mississauga
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