Detached House for sale at 881 Lakeshore Road, Mississauga, Ontario, L5E 1E2 - Lakeview - MLS: W12689276

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881 Lakeshore Road

Mississauga, Ontario, L5E 1E2 - Lakeview

$1,299,000

Neighbourhood

Lakeview
Major Intersection

Lakeshore Rd E/Cawthra

Listed Since: 23 day(s)
Last update: today

Overview

Property Type

Detached, 2-Storey
Bedrooms

3 + 1
Bathrooms

3
Basement

Sep Entrance + Finished
Kitchen

2 + 1
Total Parking

8
Lot Size

32x126 (Feet)
Taxes

$4,381.00 (2025)
Type

Freehold

Property Description

Property description for 881 Lakeshore Road, Mississauga

Mixed-use property with C4 zoning located along the Lakeshore corridor in Lakeview, Mississauga. Free-standing building offering a flexible layout suitable for end-users, investors, or live/work configurations. The main floor is configured for retail or office use with two additional rooms behind. The second floor contains a self-contained one-bedroom apartment, while the basement features a finished in-law suite with a separate entrance. The property allows for multiple potential income streams or a combination of commercial and residential use. Additional features include 8-10 parking spaces, updated roof, and newer furnace and A/C. Concept drawings are available for a future three-storey mixed-use redevelopment, subject to zoning and approvals. Prominent exposure along Lakeshore Road East, positioned across from established businesses and within close proximity to Port Credit and the Lakeview Village waterfront redevelopment. Convenient access to transit routes, major roads, and surrounding neighbourhood amenities. Includes 2 fridges and 2 stoves. Power of sale. Property sold as is, where is.

Listed by Royal Lepage Real Estate Associates

Property details

MLS #

W12689276
Sq. Ft

1100-1500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

100+
Pool

None
Drive

Private
Garage

None
Total Parking

8
Family Room

N
Den

N
Exterior

Brick
Fireplace

N
Roof

Shingles
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

W12689276
Sq. Ft

1100-1500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

100+
Pool

None
Drive

Private
Garage

None
Total Parking

8
Family Room

N
Den

N
Exterior

Brick
Fireplace

N
Roof

Shingles
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 881 Lakeshore Road, Mississauga

This property has been sold 27 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Detached in Lakeview

Active listings

Historical Average Selling Price of a Detached in Lakeview

Average Selling Price

3 years ago

$1,554,167

Average Selling Price

5 years ago

$1,521,150

Average Selling Price

10 years ago

$731,364

Change

-13%

Change

-11%

Change

85%

Number of Detached Sold

January 2026

Last 3 Months

Last 12 Months

January 2025

Last 3 Months LY

Last 12 Months LY

Change

-36%

Change

-9%

Change

How many days Detached takes to sell (DOM)

January 2026

Last 3 Months

Last 12 Months

January 2025

Last 3 Months LY

Last 12 Months LY

Change

-39%

Change

-20%

Change

14%

Average Selling price

Inventory Graph

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Closing Cost Calculator

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Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.