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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279 Lakeshore Road E
Port Credit Mississauga L5G 1G8

$3,798,888 /For Sale
Commercial

Main Photo: 279 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W14092326
Photo 1: 279 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W14092326
Photo 2: 279 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W14092326
Photo 3: 279 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W14092326
Photo 4: 279 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W14092326
Photo 5: 279 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W14092326
Photo 6: 279 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W14092326
Photo 7: 279 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W14092326
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W14092326
Bus Major:
Other
PRIME INVESTMENT OPPORTUNITY: PORT CREDIT MIXED-USE CORNER PROPERTY. Suitable for owner user scenarios for both commercial and residential components. Exceptional turnkey commercial-residential asset situated in the vibrant heart of Port Credit, Mississauga. Boasting 40 feet of premium corner frontage directly on high-traffic Lakeshore Road, this versatile property guarantees maximum exposure and outstanding year-round foot and vehicular traffic for commercial occupants. An unparalleled addition to any investment portfolio or a perfect owner-user opportunity, this high-yielding asset features: 3 High-Visibility Retail Units: Prominent street-facing storefronts ideal for premium retail, boutique services, or professional offices. 5 Residential Apartments: Well-proportioned units offering reliable income streams with excellent rental upside. A Rapidly Densifying Corridor, Flanked by major high-rise residential and master-planned developments to both the east and west, ensuring a rapidly growing local client base. Just a 15-minute walk to the Port Credit GO Transit Station and the upcoming Hazel McCallion LRT, providing effortless access to downtown Toronto. Located steps from the shores of Lake Ontario and surrounded by multi-million dollar luxury homes. Secure a footprint in one of Mississauga's most prestigious, high-growth, and supply-constrained mixed-use communities. Ideal for an investor seeking strong net operating income or a business owner looking to occupy a premier commercial storefront while collecting residential rent.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
7000 sq. ft. Square Feet
Total Area:
7,000 sq. ft.
Retail Area:
3500 sq. ft. Sq Ft
Office/Apt Area:
3500 sq. ft. Sq Ft
Lot Depth:
109'2"
Lot Frontage:
40'7"
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Hot Water
Garage:
Outside/Surface
Parking Spaces:
4
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$28,273.94 / 2026
Assessment:
$- / -
Peel
Mississauga
Port Credit
Public Transit
No
5 Stove and 5 Fridges
Hot Water Tanks
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Partial
Seller Property Info Statement:
No
Major Business Type:
Other
Category:
Multi-Use
Date Listed:
Oct 19, 2026
Original Price:
Previous Price:
  • Photo 1: 279 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W14092326
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  • Photo 7: 279 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W14092326
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Listed by HOMELIFE NEW WORLD REALTY INC.
Data was last updated October 19, 2026 at 05:15 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.