Located in highly desirable Clarkson, 1858 Lakeshore Rd W offers a rare mixed-use investment opportunity with strong visibility and long-term upside. This well-maintained commercial property features approximately 997 sq. ft. on the main floor, ideal for retail, professional, or service-based use, plus an additional 997 sq. ft. basement providing valuable storage or additional workspace. Above the commercial space are two self-contained residential apartments, creating multiple income streams and excellent investment flexibility. The property has a functional layout that supports both owner-occupiers and investors alike. The Lakeshore Rd facing apartment contains 2 bedrooms and 1 bathroom and the 2nd apartment in the back contains 3 bedrooms and 1 washroom. Both apartments have their own separate entrances. Property has 8 parking spots divided between the front and back of unit. Situated in a prime Lakeshore location, the building benefits from strong pedestrian and vehicular traffic, proximity to established neighbourhoods, transit, and nearby amenities. Whether you are looking to operate a business on the main level while generating residential rental income, or add a versatile asset to your portfolio, this property presents an exceptional opportunity in one of Mississauga's most sought-after areas.
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
No
Total Area:
2991 sq. ft. Square Feet
Total Area:
2,991 sq. ft.278 m2
Retail Area:
997 sq. ft. Sq Ft
Office/Apt Area:
1994 sq. ft. Sq Ft
Lot Depth:
188'57.3 m
Lot Frontage:
18'5.49 m
Water supply:
Municipal
Zoning:
C4-63
Heating type:
Baseboard
Garage:
Plaza
Possession Details:
TBA
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
Annual
Taxes:
$11,308 /
2025
Assessment:
$- /
-
Peel
Mississauga
Clarkson
Major Highway, Public Transit
No
Hot water tanks
3 fridges, 2 stoves, washing machines and dryers in basement (sold as is), large wood table in basement. AC unit for retail store. Security cameras and TV in store(sold as is), Baseboard heaters.
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