Tremendous opportunity to purchase a ~12,500 SF mixed-use commercial building (~18,000 sf including usable basement) in the heart of the highly desirable Port Credit community. Located just steps from the Port Credit GO Station, MiWay bus stop and future terminus of the Hurontario LRT, the Property benefits from significant visibility and accessibility, given its superior corner block location. The Property features two storeys of open concept space which can be easily converted for a number of uses including a medical clinic, offices or various retail uses, to name a few. The Property also contains one residential apartment unit and benefits from ample onsite parking, including several garaged parking spots. The building can be remodeled for multi-tenant use and is located within walking proximity to numerous amenities and conveniences. Significant additional upside exists as the Purchaser can capitalize on the future development of the Property given the Vendor has attained zoning approval for an 8-Storey, 54,000 SF mixed-use residential building (Condo or Rental) on the site. |
Price | $7,499,000 |
Taxes: | $60726.00 |
Tax Type: | Annual |
Assessment Year: | 2024 |
Occupancy: | Owner+T |
Address: | 128 Lakeshore Road East , Mississauga, L5G 1E4, Peel |
Postal Code: | L5G 1E4 |
Province/State: | Peel |
Lot Size: | 66.00 x 150.00 (Feet) |
Directions/Cross Streets: | Ann St & Lakeshore Road East |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Multi-Use |
Building Percentage: | T |
Total Area: | 12000.00 |
Total Area Code: | Square Feet |
Office/Appartment Area: | 2500 |
Office/Appartment Area Code: | Sq Ft |
Retail Area: | 9500 |
Retail Area Code: | Sq Ft |
Approximatly Age: | 100+ |
Sprinklers: | No |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Close |
Central Air Conditioning: | Yes |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
BTG REALTY ADVISORS INC |
|
Book Showing | Email a Friend |
Type: | Com - Commercial Retail |
Area: | Peel |
Municipality: | Mississauga |
Neighbourhood: | Port Credit |
Lot Size: | 66.00 x 150.00(Feet) |
Approximate Age: | 100+ |
Tax: | $60,726 |
Fireplace: | N |