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RRealtor in GTARish Garg · Sales Representative
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Detached in Lakeview, 723 LAKESHORE Road E — photo 11 / 8

$1,195,000

723 LAKESHORE Road E

Lakeview, Mississauga, ON L5G 1J7

For Sale

Listed 27 weeks ago

MLS® 40801956

Bedrooms
0
Bathrooms
0
Interior
2,000 sq ft
Type
Detached

About this home

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. (id:66781)

City: Mississauga
Neighbourhood: Lakeview

Listing courtesy of Cornerstone Association of REALTORS®.

Listing data provided by REALTOR.ca DDF® and displayed under licence. Information is deemed reliable but not guaranteed.

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Features & highlights

  • 4 parking spaces
  • Brick

Location

Open in OpenStreetMap →Lakeview, Mississauga

Mortgage estimate

A quick illustration only — not a loan offer. Rates and terms vary; speak to a mortgage professional.

Home price$1,195,000
Down payment20% · $239,000

Estimated monthly payment

$5,583

Principal & interest on $956,000· excludes taxes, insurance & condo fees.