279 LAKESHORE ROAD E, Mississauga (Port Credit)

$3,798,888

For sale: Other

Other at 279 LAKESHORE ROAD E, Mississauga (Port Credit)
Property type
Commercial Retail
MLS®
MLS® W14092326
Neighbourhood
Port Credit

PRIME INVESTMENT OPPORTUNITY: PORT CREDIT MIXED-USE CORNER PROPERTY. Suitable for owner user scenarios for both commercial and residential components. Exceptional turnkey commercial-residential asset situated in the vibrant heart of Port Credit, Mississauga. Boasting 40 feet of premium corner frontage directly on high-traffic Lakeshore Road, this versatile property guarantees maximum exposure and outstanding year-round foot and vehicular traffic for commercial occupants. An unparalleled addition to any investment portfolio or a perfect owner-user opportunity, this high-yielding asset features: 3 High-Visibility Retail Units: Prominent street-facing storefronts ideal for premium retail, boutique services, or professional offices. 5 Residential Apartments: Well-proportioned units offering reliable income streams with excellent rental upside. A Rapidly Densifying Corridor, Flanked by major high-rise residential and master-planned developments to both the east and west, ensuring a rapidly growing local client base. Just a 15-minute walk to the Port Credit GO Transit Station and the upcoming Hazel McCallion LRT, providing effortless access to downtown Toronto. Located steps from the shores of Lake Ontario and surrounded by multi-million dollar luxury homes. Secure a footprint in one of Mississauga's most prestigious, high-growth, and supply-constrained mixed-use communities. Ideal for an investor seeking strong net operating income or a business owner looking to occupy a premier commercial storefront while collecting residential rent.

Sold data

Homes in Mississauga (Port Credit) — recent sold market

Homes in Mississauga (Port Credit) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 49, across 1,389 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.

The median sale price was $879,900.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 15% of sales closed above the list price.

Around 17% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$879,900
Sale-to-list ratio
96.9%
Sold above asking
15%

Based on 1,389 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Mississauga (Port Credit)

Mississauga (Port Credit) has 131 Fraser Institute–rated schools (96 elementary and 35 secondary), averaging 6.8/10.

Rated schools
131
Elementary
96
Secondary
35
Average rating
6.8 / 10

Top-rated schools in Mississauga (Port Credit)

  • AI-Manarat Heights — elementary, MississaugaFraser rating 10.0/10
  • Kenollie — elementary, MississaugaFraser rating 10.0/10
  • Khalsa Malton — elementary, MississaugaFraser rating 10.0/10
  • Safa & Marwa Islamic — elementary, MississaugaFraser rating 10.0/10
  • St Rose of Lima — elementary, MississaugaFraser rating 9.7/10
  • Olive Grove — elementary, MississaugaFraser rating 9.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 279 LAKESHORE ROAD E