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$1,799,000
Available - For Sale
Listing ID: W13733864
Dare to compare !! Exceptional commercial/residential property,same owners for the last 59 years, meticulously maintained with many upgrades. This is an income generating building in a highly visible location,fronting on lakeshore with excellent exposure to both pedestrian and vehicular traffic, offering strong visibility for the retail component and convenient access to the residential tenants.The property features 3x2 bedrooms apartments and one retail space, providing an attractive combination of commercial and residential uses.The property is currently fully tenanted with leases in place until 2027,with tenants willing to stay offering immediate income to the next owner, Extensively upgraded and carefully maintained, the building features updated windows, roof and four side stucco finish, 400 amp electrical service,five separate meters,a new tankless water heater and a new air condition unit (for store only). With its long-standing ownership,established tenancy,significant recent improvements,multiple income streams and prime lakeshore exposure, this property represent an excellent opportunity for investors or owner-users seeking a solid,income producing asset with long term potential.Great upside in years to come with new developments coming to the area !!!
Price $1,799,000
Taxes: $10,940
Tax Type: Annual
Occupancy by: Tenant
Address: 803 lakeshore Road , Mississauga, L5E 1C8, Peel
Postal Code: L5E 1C8
Province/State: Peel
Legal Description: planC23 lot28
Directions/Cross Streets: dixie/lakeshore
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Store With Apt/Office
Building Percentage: T
Total Area: 3,500
Total Area Code:  Square Feet
Office/Appartment Area: 0
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Greenbelt/Conse   Major Highway
Financial Statement: T
Chattels: F
Franchise: F
Maintenance: 0
Sprinklers: Part
Heat Type: Electric Forced Air
Central Air Conditioning: Partial
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CASTLEMORE REAL ESTATE LIMITED

803 lakeshore Road , Mississauga, L5E 1C8, Peel

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Store W Apt/Office
Area: Peel
Municipality: Mississauga
Neighbourhood: Lakeview
Style:
Lot Size: x 122.50(Feet)
Approximate Age:
Tax: $10,940
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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