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Key Details
Sold Price $1,365,000
Property Type Commercial
Sub Type Building and Land
Listing Status Sold
Purchase Type For Sale
Square Footage 2,991 sqft
Price per Sqft $456
MLS Listing ID 40798170
Sold Date 10/05/26
HOA Fees $120/mo
HOA Y/N Yes
Abv Grd Liv Area 2,991
Annual Tax Amount $11,308
Property Sub-Type Building and Land
Source Cornerstone
Property Description
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.
Location
Province ON
County Peel
Area Ms - Mississauga
Zoning C4-63
Direction Southdown/Lakeshore
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 18.0
Lot Depth 188.0
Garage No
Building
Lot Description High Traffic Area, Public Transit, Schools
Faces Southdown/Lakeshore
Story 3
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 134910138
Ownership Freehold/None
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