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Monday, July 13th, 2026

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$1,195,000
Available - For Sale
Listing ID: W12748344
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.
Price $1,195,000
Taxes: $14,245
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 723 Lakeshore Road East , Mississauga, L5G 1J7, Peel
Postal Code: L5G 1J7
Province/State: Peel
Legal Description: PT LT 99, PL C23 , AS IN RO754148, S/T A
Directions/Cross Streets: Cawthra
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
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Washroom 5:  0
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Washroom 48:  0
Washroom 49:  0
Washroom 50:  0
Washroom 51:  0
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Washroom 53:  0
Washroom 54:  0
Washroom 55:  0
Washroom 56:  0
Washroom 57:  0
Washroom 58:  0
Washroom 59:  0
Washroom 60:  0
Category: Apartment
Use: Other
Building Percentage: T
Total Area: 2,000
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY

723 Lakeshore Road East , Mississauga, L5G 1J7, Peel

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Com - Investment
Area: Peel
Municipality: Mississauga
Neighbourhood: Lakeview
Style:
Lot Size: x 123.00(Feet)
Approximate Age:
Tax: $14,245
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com