About 723 Lakeshore Road E
Shovel-ready mixed-use redevelopment opportunity along the Lakeshore corridor. The existing two-storey building features one retail unit and one residential apartment, offering holding income with clear upside. The property is fully approved to add a third storey and convert to six residential units plus one retail space. Minor Variance, site plan approval, and architectural drawings are all complete. A new owner can pull permits and proceed directly to construction. Further value is created through reduced development charges from the City of Mississauga, available until November 2026, enhancing overall project economics.
Features of 723 Lakeshore Road E
| MLS® # | 40801956 |
|---|---|
| Price | $1,195,000 |
| Bathrooms | 0.00 |
| Acres | 0.07 |
| Type | Commercial Sale |
| Sub-Type | Building and Land |
| Status | Active |
Community Information
| Address | 723 Lakeshore Road E |
|---|---|
| Area | MS - Mississauga |
| Subdivision | Lakeview |
| City | Mississauga |
| County | Peel |
| Province | ON |
| Postal Code | L5G 1J7 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Parking | Concrete |
| # of Garages | 0.00 |
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | Yes |
| Basement | None |
Exterior
| Lot Description | Rectangular, High Traffic Area, Marina, Public Transit |
|---|---|
| Construction | Brick |
Additional Information
| Date Last Updated | July 18th, 2026 |
|---|---|
| Zoning | C4 |
Listing Details
| Office | eXp Realty |
|---|