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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4 645 Lakeshore Road E
Lakeview Mississauga L5G 1J5

$299,000 /For Sale
Commercial

Main Photo: 4 645 Lakeshore Road E in Mississauga: Lakeview Commercial for sale : MLS®# W13541132
Photo 1: 4 645 Lakeshore Road E in Mississauga: Lakeview Commercial for sale : MLS®# W13541132
Photo 2: 4 645 Lakeshore Road E in Mississauga: Lakeview Commercial for sale : MLS®# W13541132
Photo 3: 4 645 Lakeshore Road E in Mississauga: Lakeview Commercial for sale : MLS®# W13541132
Photo 4: 4 645 Lakeshore Road E in Mississauga: Lakeview Commercial for sale : MLS®# W13541132
Photo 5: 4 645 Lakeshore Road E in Mississauga: Lakeview Commercial for sale : MLS®# W13541132
Photo 6: 4 645 Lakeshore Road E in Mississauga: Lakeview Commercial for sale : MLS®# W13541132
Photo 7: 4 645 Lakeshore Road E in Mississauga: Lakeview Commercial for sale : MLS®# W13541132
Photo 8: 4 645 Lakeshore Road E in Mississauga: Lakeview Commercial for sale : MLS®# W13541132
Photo 9: 4 645 Lakeshore Road E in Mississauga: Lakeview Commercial for sale : MLS®# W13541132
Photo 10: 4 645 Lakeshore Road E in Mississauga: Lakeview Commercial for sale : MLS®# W13541132
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13541132
Bus Major:
Restaurant
*****Priced For Quick Sale***** A brand new Vietnamese Restaurant Located At Busy Major Street. Open Hours Tuesday-Friday 11AM To 9.30 pm. Sat, Sun 12 pm To 9.30 pm. Full Line of Restaurant Equipment With Canopy And Walk-In Cooler. Current Rent Is $4093.92 (TMI Included).**Easy Turn Key Operation** **Can Be Converted To Different Type of Restaurant*****All Numbers And Information To Be Verified By Buyer or Buyer's Agent.***** **Close To Lakeview Waterfront Development Area (177 Acre) **Over 16,000 Residential Units To Be Built** **Master Plan With An Extension of The Trans Canada Through Lakeview Village.** Any Unauthorized Visit Is Absolutely Not Allowed! Please Do Not Go Direct Without Appointment!!!!! **EXTRAS** Full Line of Restaurant Equipment. Huge Development Nearby, Ample Parking Spaces. 24 Hour Rabba With Tim Hortons, Food Mart, Domino's Pizza, Subway, Dental Office In The Same Plaza.*********Vendor Is Very Motivated*******
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
1210 sq. ft. Square Feet
Total Area:
1,210 sq. ft.
Retail Area:
1210 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Electric Forced Air
Garage:
None
Possession Details:
30/60/90
HST Applicable To Sale Price:
Included In
Type Taxes:
TMI
Taxes:
$0 / 2026
Assessment:
$- / -
Peel
Mississauga
Lakeview
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 6 Days
Hours Open:
Tuesday to Friday 11 AM to 9.30 PM 3.5% PLUS HST VIVEK KOHLY Homelife Miracle Realty (647) 300-0933 4 Saturday and Sunday 12 PM to 9.30 PM
Employees:
3
Chattels:
Yes
LLBO:
No
Seats:
30
Date Listed:
Jul 09, 2026
Original Price:
Previous Price:
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Listed by HOMELIFE/MIRACLE REALTY LTD
Data was last updated July 9, 2026 at 12:15 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.