5 - 885 LAKESHORE ROAD E, Mississauga (Lakeview)

$3,300

For sale: Other

Other at 5 - 885 LAKESHORE ROAD E, Mississauga (Lakeview)
Property type
Commercial Retail
Bedrooms / bathrooms
3 bedrooms, 2 bathrooms
MLS®
MLS® W13685794
Neighbourhood
Lakeview

RARE MAIN-FLOOR COMMERCIAL OPPORTUNITY | MIXED-USE CONDO | LAKEVIEW. Rarely offered main-floor mixed-use condo in a boutique low-rise building in the heart of Lakeview, offering commercial use. This main floor unit with direct street-level access, excellent Lakeshore Road exposure and convenient direct parking at the rear. Bright, airy and loft-like, the space features 10.5-ft ceilings and a highly versatile open-concept layout with 2 rooms, 2 bathrooms, a kitchen/ or kitchenette and ensuite laundry-ideal for a wide range of professional and service-based uses.The dedicated storefront area at the front offers excellent Lakeshore Road visibility and can function as a reception area, office, treatment area or additional workspace. Two separate entrances (front & rear) provide added flexibility and allow for effective separation of spaces.A standout feature is the two designated parking spaces directly at the rear of the unit, providing convenient parking for the business and/or customers-an especially valuable advantage for service-based operators.The property permits a broad range of commercial service uses and is ideally suited to a professional or service-oriented business. AAA commercial tenant preferred. Available October 1, 2026. Minimum 3-5 year lease term. Ideally located steps from Lakefront Promenade Park and Marina, minutes from vibrant Port Credit and with easy access to Long Branch GO Station, offering approximately a 25-minute commute to downtown Toronto.A rare opportunity to lease a true main-floor commercial space with excellent exposure, versatile interior space, direct rear parking and two designated customer parking spaces in a prime Lakeview location.

Sold data

Homes in Mississauga (Lakeview) — recent sold market

Homes in Mississauga (Lakeview) took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 46, across 1,403 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.

The median sale price was $874,900.

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 18% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$874,900
Sale-to-list ratio
96.9%
Sold above asking
15%

Based on 1,403 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Mississauga (Lakeview)

Mississauga (Lakeview) 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 (Lakeview)

  • AI-Manarat Heightselementary, MississaugaFraser rating 10.0/10
  • Kenollieelementary, MississaugaFraser rating 10.0/10
  • Khalsa Maltonelementary, MississaugaFraser rating 10.0/10
  • Safa & Marwa Islamicelementary, MississaugaFraser rating 10.0/10
  • St Rose of Limaelementary, MississaugaFraser rating 9.7/10
  • Olive Groveelementary, MississaugaFraser rating 9.5/10

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

Currently for sale

Homes for sale near 5 - 885 LAKESHORE ROAD E