Address
11 - 885 LAKESHORE ROAD E, Mississauga, ON
Price
$ 729,000
Property Attributes
  • ID#W8149242
  • TypeCommercial
  • CountyTORONTO
  • CityMississauga
  • NeighborhoodLakeview
  • ZipL5E 1E2
  • StyleRetail
  • Price$ 729,000
  • Bedrooms0
  • Bathrooms2
  • Half Bathrooms0
  • Sqr Footage960
Data Source:
RLP - CREA EN
Property Description

Prime Investment Opportunity with Dual Rental Potentials! A versatile property that offers two lucrative rental potentials The front of the unit is designed for commercial use with a rental potential of $2000. The back of the unit is for residential use, offering a living space with a rental potential of $1900. Ideal for tenants looking for a comfortable and accessible home in a desirable community. Over the past three years, the value of properties in this community has surged by over 20%. This upward trend not only reflects the desirability of the location but also ensures that your investment is positioned to appreciate further in the coming years. Whether you're a seasoned investor or a first-time buyer,It deliver both immediate returns and long-term appreciation. Corner unit 960 Sq. Ft. Of Flexible Living Space. Currently Zoned For C4-29. 2 owned Parking Spots! Free Visitor Parking In Front & Back. **** EXTRAS **** Monthly Maintanance $375 (id:27)

General Features

Property Sub Type Retail
Terms SALE
Neighbourhood Lakeview
Appliances Dishwasher,Dryer,Refrigerator,Stove,Washer
Building Type Residential Commercial Mix
Amenities Nearby Public Transit
Property Type Retail

Interior Features

Total Baths 2
Cooling Type Fully air conditioned
Heating Fuel Natural gas
Heating Type Forced air
Total Baths 2

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L5E 1E2

Price
AVG $1.51M
$730K
Visits
AVG 184
304
Data Provided by Inside Real Estate®