Looking for a commercial residential for sale? These mixed-use properties offer flexibility and income potential, blending business space with residential living. Whether you’re an investor, entrepreneur, or buyer seeking passive income, commercial-residential real estate presents excellent long-term value.

Forgot password Extend Verify Contact

1160 South Service Road
Lakeview Mississauga L5E 1V2

$2,600,000 /For Sale
Commercial

Main Photo: 1160 South Service Road in Mississauga: Lakeview Commercial for sale : MLS®# W12592552
Photo 1: 1160 South Service Road in Mississauga: Lakeview Commercial for sale : MLS®# W12592552
Photo 2: 1160 South Service Road in Mississauga: Lakeview Commercial for sale : MLS®# W12592552
Photo 3: 1160 South Service Road in Mississauga: Lakeview Commercial for sale : MLS®# W12592552
Photo 4: 1160 South Service Road in Mississauga: Lakeview Commercial for sale : MLS®# W12592552
Photo 5: 1160 South Service Road in Mississauga: Lakeview Commercial for sale : MLS®# W12592552
Photo 6: 1160 South Service Road in Mississauga: Lakeview Commercial for sale : MLS®# W12592552
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12592552
Bus Major:
Retail
Excellent Investment Opportunity in Prime Location with High Volume Vehicular and Pedestrian Traffic. Located in Mississauga's Lakeview Neighborhood on the Corner of South Service Road and Haig Boulevards, Adjacent to the Dixie Outlet Mall. Rare Opportunity to Purchase a Prime Piece of Real Estate Next to a Future Mixed Density Residential Redevelopment. Remediation on the Property Has Been Completed To Residential Use Standards. Completed Preliminary Plans for a Residential Redevelopment Subject to Rezoning are Available.
Property Type:
Commercial
Property Sub Type:
Land
Freestanding:
No
Total Area:
29185 sq. ft. Acres
Total Area:
29,185.2 sq. ft.
Lot Depth:
188'7"
Lot Frontage:
161'¼"
Water supply:
Municipal
Zoning:
C5 Motor Vehicle Commercial
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$36,114.8 / 2024
Assessment:
$- / -
Peel
Mississauga
Lakeview
Utilities:
Available
Sewers:
Sanitary Available
Seller Property Info Statement:
No
Major Business Type:
Retail
Category:
Designated
Date Listed:
Dec 02, 2025
Original Price:
Previous Price:
  • Photo 1: 1160 South Service Road in Mississauga: Lakeview Commercial for sale : MLS®# W12592552
    Photo 1 of 6
  • Photo 2: 1160 South Service Road in Mississauga: Lakeview Commercial for sale : MLS®# W12592552
    Photo 2 of 6
  • Photo 3: 1160 South Service Road in Mississauga: Lakeview Commercial for sale : MLS®# W12592552
    Photo 3 of 6
  • Photo 4: 1160 South Service Road in Mississauga: Lakeview Commercial for sale : MLS®# W12592552
    Photo 4 of 6
  • Photo 5: 1160 South Service Road in Mississauga: Lakeview Commercial for sale : MLS®# W12592552
    Photo 5 of 6
  • Photo 6: 1160 South Service Road in Mississauga: Lakeview Commercial for sale : MLS®# W12592552
    Photo 6 of 6
Listed by SHOWCASE REALTY MISSISSAUGA INC.
Data was last updated December 2, 2025 at 06:15 AM (UTC)
DARYL  KING
powered by myRealPage.com

Why Choose a Commercial Residential Property?

Dual Income Potential – Earn from both residential tenants and commercial leases
Ideal for Business Owners – Live and work in the same space or rent one out
High Demand in Urban Centers – Great appreciation in key GTA neighborhoods
Tax Benefits – Potential deductions for property taxes, mortgage interest, and depreciation

Explore Commercial Residential Across the GTA

From downtown Toronto storefronts with apartments above to suburban mixed-use lots, the GTA offers diverse opportunities. Consider locations like:

  • Hamilton & Durham – More affordable options with upside potential
  • Toronto Core – High foot traffic and visibility
  • Vaughan & Richmond Hill – Rapid suburban growth

Tips for Buying a Commercial Residential Property

Make sure to research zoning laws, expected rental yields, and property management needs. Consult professionals for financing, legal advice, and inspections.

Start Your Search for a Commercial Residential Property Today

Browse our listings to find a property that suits your investment goals or lifestyle. Whether you’re expanding a business or building long-term equity, now is the time to invest in this versatile property type.

lore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Commercial Residential for Sale

1. What is a commercial residential property?
It’s a mixed-use property that combines residential living space with commercial units, like retail or office.

2. Are these properties good investments?
Yes. They offer dual income streams and strong appreciation in high-growth areas.

3. Can I live in the residential portion and rent the commercial part?
Absolutely. Many owners choose to occupy one space and lease the other for income.

4. What financing options are available?
You may need a commercial mortgage or mixed-use loan; rates and terms vary from traditional home loans.