$1,799,000
Available - For Sale
Listing ID: W13733864
803 lakeshore Road , Mississauga, L5E 1C8, Peel
| 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 !!! |
| Price | $1,799,000 |
| Taxes: | $10940.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 803 lakeshore Road , Mississauga, L5E 1C8, Peel |
| Postal Code: | L5E 1C8 |
| Province/State: | Peel |
| Legal Description: | planC23 lot28 |
| Directions/Cross Streets: | dixie/lakeshore |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | T |
| Total Area: | 3500.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 0 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Greenbelt/Conse Major Highway |
| Financial Statement: | T |
| Chattels: | F |
| Franchise: | F |
| Sprinklers: | Part |
| Washrooms: | 0 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Partial |
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| CASTLEMORE REAL ESTATE LIMITED |
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|
Wally Islam
Real Estate Broker
Dir:
416-949-2626
Bus:
416-293-8500
Fax:
905-913-8585
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Peel |
| Municipality: | Mississauga |
| Neighbourhood: | Lakeview |
| Tax: | $10,940 |
| Fireplace: | N |
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