$999,900
For sale: Other

**PRIME LAKESHORE ROAD AUTOMOTIVE COMMERCIAL OPPORTUNITY!** Exceptional opportunity to own a high-visibility automotive commercial property on busy Lakeshore Road. Previously operated as a tire and auto glass shop, the property offers potential for a mechanic shop, auto repair, collision centre, car wash, auto sales, and other automotive-related uses, subject to municipal approvals.**Grandfathered automotive use** adds to the property's appeal. Buyers must verify zoning requirements and may need to reapply for approval of their intended use. Automotive use is expected to be supportable, subject to municipal approval. Delivered vacant, the property includes valuable equipment such as a hoist, compressor, and wheel balancer. Parking accommodates approximately 16-21 vehicles. An existing Bell Canada antenna lease generates approximately $6,500 in annual income, subject to lease terms. Ideal for business owners, automotive operators, and investors seeking visibility and business potential. **Buyer requirements:** Mortgage/business loan pre-approval or proof of available cash funds required. Please do not visit without a confirmed appointment.
Sold data
Homes in Lakeview took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 58, across 63 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 82 days.
The median sale price was $1,148,000.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 10% of sellers reduced their price before finding a buyer.
Based on 63 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Mississauga has 131 Fraser Institute–rated schools (96 elementary and 35 secondary), averaging 6.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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