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1199 & 1201 Lakeshore Road E
Lakeview Mississauga L5E 1G1

$1,300,000 /For Sale
Commercial

Main Photo: 1199 & 1201 Lakeshore Road E in Mississauga: Lakeview Commercial for sale : MLS®# W13552220
Photo 1: 1199 & 1201 Lakeshore Road E in Mississauga: Lakeview Commercial for sale : MLS®# W13552220
Photo 2: 1199 & 1201 Lakeshore Road E in Mississauga: Lakeview Commercial for sale : MLS®# W13552220
Photo 3: 1199 & 1201 Lakeshore Road E in Mississauga: Lakeview Commercial for sale : MLS®# W13552220
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Photo 5: 1199 & 1201 Lakeshore Road E in Mississauga: Lakeview Commercial for sale : MLS®# W13552220
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13552220
Bus Major:
Apts - 2 To 5 Units
An exceptional investment opportunity in one of Mississauga's most desirable and rapidly evolving corridors. Offered together, 1199 & 1201 Lakeshore Road East present outstanding potential for investors, developers, and land bankers alike. Currently configured as a fully rentable duplex, the property provides immediate income while offering exciting future possibilities.Ideally positioned on highly desirable Lakeshore Road East, this property presents excellent land assembly potential (subject to all required approvals), making it an attractive opportunity to secure a strategic holding in a high-growth location. Surrounded by established neighbourhoods, amenities, transit, and major transportation routes, the site benefits from exceptional accessibility and long-term redevelopment potential.Whether you're seeking a stable income-producing asset, a future development opportunity, or a strategic addition to your investment portfolio, this is a rare chance to acquire a prime piece of Mississauga real estate with significant upside.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
5963 sq. ft. Square Feet
Total Area:
5,963.2 sq. ft.
Office/Apt Area:
100 sq. ft. %
Lot Depth:
150'
Lot Frontage:
40'
Water supply:
Municipal
Zoning:
EC (Employment Commercial Zone)
Heating type:
Gas Forced Air Open
Garage:
Lane
Parking Spaces:
4
Possession Details:
Immediate
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$7,144 / 2025
Assessment:
$- / -
Peel
Mississauga
Lakeview
No
1199 - hot water tank
All appliances in as in condition. Hot Water Tank in 1201 (owned) Washer and Dryer in 1199 not functional . New washer and dryer in 1201.
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Date Listed:
Jul 11, 2026
Original Price:
Previous Price:
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Listed by ENGEL & VOLKERS TORONTO CENTRAL
Data was last updated July 11, 2026 at 02:15 AM (UTC)
DARYL  KING
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1. Are apartment buildings a good investment?
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2. What should I consider before buying an apartment building?
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