For Sale

128 Lakeshore Road, Mississauga, Ontario L5G 1E4

$7,499,000

128 Lakeshore Road, Mississauga, Ontario L5G 1E4 is For Sale and has a listing price of 7,499,000. The property is located in the Port Credit neighbourhood . It's been on the website for 64 Days.

  • MLS ID: W12001617
  • Office Name BTG REALTY ADVISORS INC
Property Description

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.

Property Details
  • MLS ID: W12001617
  • Price: $7,499,000
  • Lot Depth: 150
  • Transaction Types: For Sale
  • Ref ID: W12001617
  • Year Built: N/A
  • Dir / Cross St: Ann St & Lakeshore Road East
  • Tax Year: 2024
  • Approx Age: 100+
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
03/05/2025 W12003169 $7,490,000 For Sale - -
03/05/2025 W12001617 $7,499,000 For Sale - -
10/02/2024 W9378813 $7,499,000 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Port Credit
  • $1,397,030 Average List Price
    based on 1 year
  • 76 New Listings
    based on 30 days
  • 11 Median Days on Market
    based on 1 year
  • List vs. Selling Price 4.87 % Up
  • Sold (12mo) 70
  • Rented (12mo) 416

  • 1 Month Change -0.6%
  • 3 Month Change +34.9%
  • 6 Month Change +50.1%
Walkscore
  • 93 Walk Score
    Walker's Paradise
  • 56 Transit Score
    Good Transit
  • 55 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    39.58%
  • Commercial
    7%
  • Condo
    53.4%
  • Land for Sale
    0.02%
  • Parking
    0.01%
Additional Details
  • Heat Type Y
  • Garage Type Other
  • Parking Spaces: 16
  • Taxes: $60,726
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 05/03/2025 15:27:03
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