885 Lakeshore Rd E
Mississauga, L5E1E2
For Sale
$729,000
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Store With Apt/Office
CATEGORY960 Sq Ft
TOTAL AREAW8149242
MLSIDContact Us
Property Description
Prime Investment Opportunity with Dual Rental Potentials! A versatile property that offers two lucrative rental potentials The front of the unit is designed for commercial use with a rental potential of $2000. The back of the unit is for residential use, offering a living space with a rental potential of $1900. Ideal for tenants looking for a comfortable and accessible home in a desirable community. Over the past three years, the value of properties in this community has surged by over 20%. This upward trend not only reflects the desirability of the location but also ensures that your investment is positioned to appreciate further in the coming years. Whether you're a seasoned investor or a first-time buyer,It deliver both immediate returns and long-term appreciation. Corner unit 960 Sq. Ft. Of Flexible Living Space. Currently Zoned For C4-29. 2 owned Parking Spots! Free Visitor Parking In Front & Back.
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Extras
Monthly Maintanance $375
Property Details
Category
Store With Apt/Office
Zoning
C4-29
Total Area
960 Sq Ft
Office/Apartment Area
770 Sq Ft
Retail Area
190 Sq Ft
Taxes
$3,869 (2023)
Washrooms
2
Air Conditioning
Yes
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Listing contracted with Exp Realty
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High visible corner lot with potential for a spa with three existing treatment rooms. Laminate on main floor. Two piece washroom on main level. Utility room with sink and washing machine. Separate electrical meters. Side entrance to two studio apartments on the second floor both with a kitchen and a three-piece washroom. Property is being sold "as is". Property is zoned commercial/residential. Buyer to do their own due diligence.
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