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.

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243 Lakeshore East Road
Port Credit Mississauga L5G 1G8

$249,999 /For Sale
Commercial

Main Photo: 243 Lakeshore East Road in Mississauga: Port Credit Commercial for sale : MLS®# W13724932
Photo 1: 243 Lakeshore East Road in Mississauga: Port Credit Commercial for sale : MLS®# W13724932
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13724932
Bus Major:
Bakery
Rare opportunity to acquire a beautifully appointed, turnkey bakery and café business in the heart of Port Credit! Located at 243 Lakeshore Road East, this charming and thoughtfully designed space offers a warm, inviting atmosphere with a distinctive aesthetic that is sure to leave a lasting impression. The sale includes the business assets, equipment, fixtures and chattels, providing an excellent opportunity for an entrepreneur to step into a fully equipped operation or bring their own culinary concept to an established space.The professionally designed commercial kitchen features a commercial-grade hood complete with fire suppression system, air make-up unit, extensive prep and storage areas, stainless steel refrigeration, multiple workstations and quality small appliances. Small appliances include Smeg, the renowned Italian brand frequently admired by customers, while the Igloo display refrigerator adds both functionality and visual appeal. Additional features include Square Point of Sale system, Google Nest Audio smart speakers, electric wiring for an exterior sign, camera wiring at both the front and rear of the premises, and original functional radiators.The bright and stylish customer-facing area offers an inviting café atmosphere with attractive finishes, ample display space and a charming storefront presence along Lakeshore Road East. Ideal for a bakery, café, dessert concept, specialty food business or similar culinary venture. Business and assets only. Real estate is not included. Premises are leased and any proposed tenant is subject to landlord approval and applicable lease terms. A fantastic opportunity to take over a professionally equipped space and make it your own in one of Mississauga's most sought-after and vibrant communities.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
2200 sq. ft. Square Feet
Total Area:
2,200 sq. ft.
Retail Area:
1208 sq. ft. Sq Ft
Lot Depth:
109'2"
Lot Frontage:
20'2"
Water supply:
Municipal
Zoning:
C-4
Heating type:
Gas Hot Water
Garage:
Lane
Parking Spaces:
2
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$0 / 2026
Assessment:
$- / -
Peel
Mississauga
Port Credit
2 exclusive parking spots included
Sewers:
Sanitary+Storm
Air Conditioning:
Partial, Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Bakery
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
9am-2am
Employees:
4
Chattels:
Yes
LLBO:
No
Seats:
30
Date Listed:
Aug 29, 2026
Original Price:
Previous Price:
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Listed by REALTY ONE GROUP FLAGSHIP
Data was last updated August 29, 2026 at 07:15 PM (UTC)
DARYL  KING
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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.