128 Lakeshore Road Image 1

$7,499,000

Mar 5Commercial Retail For Sale
bedroomsbed
washrooms0bath
MLS - #W12001617

128 Lakeshore Road, Mississauga, ON L5G 1E4

0
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Average Price
749900000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

N/A

About 128 Lakeshore Road

Tremendous opportunity to purchase a ~12,500 SF mixed-use commercial building (~18,000 sf including usable basement) in the heart of the highly desirable Port Credit community. Located just steps from the Port Credit GO Station, MiWay bus stop and future terminus of the Hurontario LRT, the Property benefits from significant visibility and accessibility, given its superior corner block location. The Property features two storeys of open concept space which can be easily converted for a number of uses including a medical clinic, offices or various retail uses, to name a few. The Property also contains one residential apartment unit and benefits from ample onsite parking, including several garaged parking spots. The building can be remodeled for multi-tenant use and is located within walking proximity to numerous amenities and conveniences. Significant additional upside exists as the Purchaser can capitalize on the future development of the Property given the Vendor has attained zoning approval for an 8-Storey, 54,000 SF mixed-use residential building (Condo or Rental) on the site.

Home Overview

Last updated

Mar 8

Virtual tour

None

Basement information

Building size

12000

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

2024

Listed by BTG REALTY ADVISORS INC

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$28641.10/ month
$5,999,200 Principal and Interest
$7,199,040 Property Taxes

Location

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Walk Score for 128 Lakeshore Road

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