803 lakeshore Road, Mississauga, Ontario, Canada, L5E1C8

1,799,000
for Sale

About the property:

Dare to compare !! Exceptional commercial/residential property,same owners for the last 59 years, meticulously maintained with many upgrades. This is an income generating building in a highly visible location,fronting on lakeshore with excellent exposure to both pedestrian and vehicular traffic, offering strong visibility for the retail component and convenient access to the residential tenants.The property features 3x2 bedrooms apartments and one retail space, providing an attractive combination of commercial and residential uses.The property is currently fully tenanted with leases in place until 2027,with tenants willing to stay offering immediate income to the next owner, Extensively upgraded and carefully maintained, the building features updated windows, roof and four side stucco finish, 400 amp electrical service,five separate meters,a new tankless water heater and a new air condition unit (for store only). With its long-standing ownership,established tenancy,significant recent improvements,multiple income streams and prime lakeshore exposure, this property represent an excellent opportunity for investors or owner-users seeking a solid,income producing asset with long term potential.Great upside in years to come with new developments coming to the area !!!
Store W Apt/Office false
Property Type:
Store W Apt/Office
Status:
for Sale
Land Size:
40.08 x 122.5 FT
Business Type:
Commercial/Retail
Heating Type:
Electric Forced Air
Cross Street:
dixie/lakeshore
Annual Property Taxes:
10,940
Listing ID:
W13733864

Rooms

Dimensions

Brokered by:
Castlemore Real Estate Limited
Source: TRREB/PROPTX
Presented By:

Gary Nusca,

CCIM, CIPS, Broker

Bridgecan Realty Corp., Brokerage*