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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39 Lakeshore Road E
Port Credit Mississauga L5G 1C9

$4,999,000 /For Sale
Commercial

Main Photo: 39 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W12987082
Photo 1: 39 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W12987082
Photo 2: 39 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W12987082
Photo 3: 39 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W12987082
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12987082
Bus Major:
Other
* Rare Opportunity to Acquire a 7,798 Square Feet Commercial Investment Property in Prime Port Credit Location *Corner Location * Fully Leased *3 Floors * Billboard Sign on Rooftop Also Providing Income * Parking Available at the Back of the Building * C4-66 Zoning Permitting Many Uses * Future Prime Redevelopment Potential * Variety of Transportation Options with QEW, Port Credit Go Minutes Away * MiWay Transit Stop Across the Street * Hazel McCallion Line / Hurontario LRT Currently in Progress * Steps Away from Lake Ontario, Port Credit Harbour, Parks, Trails, Port Credit Library, Restaurants, Entertainment, etc.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
7798 sq. ft. Square Feet
Total Area:
7,798 sq. ft.
Office/Apt Area:
100 sq. ft. %
Lot Depth:
135'
Lot Frontage:
40'
Water supply:
Municipal
Zoning:
C4-66
Heating type:
Gas Forced Air Open
Garage:
Outside/Surface
Possession Details:
Fully Leased
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$42,385.99 / 2025
Assessment:
$- / -
Peel
Mississauga
Port Credit
Major Highway, Public Transit
No
None
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Property Management Company:
Novo Property Management Inc.
Business/Building Name:
* Prime Corner *Lakeshore & Stavebank * Port Credit Commercial Building For Sale
Major Business Type:
Other
Category:
Office
Date Listed:
Apr 11, 2026
Original Price:
Previous Price:
  • Photo 1: 39 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W12987082
    Photo 1 of 3
  • Photo 2: 39 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W12987082
    Photo 2 of 3
  • Photo 3: 39 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W12987082
    Photo 3 of 3
Listed by NOVO COMMERCIAL REAL ESTATE INC
Data was last updated April 12, 2026 at 01:15 AM (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.