New on the market
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. (id:63285)
| DDF® Number | 40798170 |
| Property Type | Other |
| Amenities Near By | Public Transit, Schools |
| Community Features | High Traffic Area |
| Basement Type | Full |
| Fireplace Present | No |
| Stories Total | 3 |
| Size Exterior | 2991.0000 |
| Size Interior | 2991 Sqft |
| Utility Water | Municipal Water |
| Acreage | Yes |
| Land Amenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 188 Ft |
| Size Frontage | 18 Ft |
| Zoning Description | C4-63 |
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