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11 - 885 LAKESHORE ROAD E, Mississauga, Ontario, L5E 1E2

MLS® # W8149242
Commercial For Sale In Lakeview, Mississauga, Ontario
$729,000
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
11 - 885 Lakeshore Road E, Mississauga, ON
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ACTIVE
11 - 885 LAKESHORE ROAD E, Mississauga, Ontario, L5E 1E2
$729,000

Property Information:

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. **** EXTRAS **** Monthly Maintanance $375 (id:27)

Building Features:

  • Style: Retail
  • Building Type: Residential Commercial Mix
  • Air Conditioning: Yes
  • Floor Space: 960 Square Feet
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove

Property Features:

  • Property Type: Retail
  • Bathrooms: 2
  • Amenities Nearby: Public Transit
  • Floor Space (approx): 960.00 Square Feet

Courtesy of: EXP REALTY

REALTOR.ca  

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Market Price Trends

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Location of 11 - 885 LAKESHORE ROAD E, Mississauga, Ontario, L5E 1E2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

29 hot days expected in 2050

Projected Storm Risk: High

13 storms expected in 2050

Projected Heat Risk: High

29 hot days expected in 2050

44/100

High

ClimateCheck®

Current data

This property, 11 - 885 LAKESHORE ROAD E , experiences 7 hot days per year at around 31.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 35 degrees Celsius.

Projected Avg. Temperature

Past
31.4℃
2050
35℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: High

13 storms expected in 2050

55/100

High

ClimateCheck®

Current data

This property, 11 - 885 LAKESHORE ROAD E , experiences 11 significant 2-day storms per year, with about 293.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 364.6mm of precipitation per year.

Precipitation Per Storm

Past
293.2mm
2050
364.6mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 11 - 885 LAKESHORE ROAD E, Mississauga, Ontario, L5E 1E2

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$157,015.90

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.03 %

High school certificate or equivalent

27.98 %

Apprenticeship trade certificate/diploma

6.62 %

College/non-university certificate

20.69 %

University Degree

24.67 %

Commuter

Travel To Work

By Car

85.13 %

By Public Transit

5.38 %

By Walking

1.75 %

By Bicycle

0.0 %

By Other Methods

7.74 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.3 %

Houses

80.7 %

Own Vs. Rent

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