Located in highly desirable Clarkson, 1858 Lakeshore Rd W offers a rare mixed-use investment opportunity with strong visibility and long-term upside. This well-maintained commercial property features approximately 997 sq. ft. on the main floor, ideal for retail, professional, or service-based use, plus an additional 997 sq. ft. basement providing valuable storage or workspace. Above the commercial space are two self-contained residential apartments, creating multiple income streams and excellent investment flexibility. The property has a functional layout that supports both owner-occupiers and investors alike. The Lakeshore Rd facing apartment contains 2 bedrooms and 1 bathroom and the 2nd apartment in the back contains 3 bedrooms and 1 washroom. Both apartments have their own separate entrances. Property has 8 parking spots divided between the front and back of unit. Situated in a prime Lakeshore location, the building benefits from strong pedestrian and vehicular traffic, proximity to established neighbourhoods, transit, and nearby amenities. Whether you are looking to operate a business on the main level while generating residential rental income, or add a versatile asset to your portfolio, this property presents an exceptional opportunity in one of Mississauga's most sought-after areas.
| MLS # | 40798170 |
|---|---|
| Listing Type | For Sale |
| Style | Apartment,retail |
| HOA Dues | $120 |
| Sub-Type | Resale |
| Status | Pending |
| Days On Site | 221 |
| Listing Provided By | SUTTON GROUP QUANTUM REALTY INC | Alex Rempel |
| SQ Feet | 2,991 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Zoning | C4-63 |
| Acreage | 0.08 |
| Cooling Yes / No | No |
|---|
| Lot Features | High Traffic Area, Public Transit, Schools |
|---|
| Sewer | Sewer (Municipal) |
|---|
| Tax Annual Amount | 11308 |
|---|
| Province | ON |
|---|---|
| County | Peel |
| City | Mississauga |
| Postal Code | L5J 1J7 |
| Area | MS Mississauga |
| Subarea | 0120 Clarkson |
| Community Name | 0120 Clarkson |
| Listing VS Median (in 0120 Clarkson) | |
Price: $1,365,000 low | high Med: $1,099,900 sqft: 2,991 low | high Med: 1,382 $ / sqft: $456 low | high Med: $817 On site: 221 low | high Med: 44.5 | |
| Province | ON |
|---|---|
| County | Peel |
| City | Mississauga |
| Postal Code | L5J 1J7 |
| Area | MS Mississauga |
| Subarea | 0120 Clarkson |
| Community Name | 0120 Clarkson |
| Listing VS Median (in 0120 Clarkson) | |
Price: $1,365,000 low | high Med: $1,099,900 sqft: 2,991 low | high Med: 1,382 $ / sqft: $456 low | high Med: $817 On site: 221 low | high Med: 44.5 | |