Salehian.com 647-325-5000

1195 Lakeshore Road E

Lakeview, Mississauga, L5E 1G1

$1,800,000

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Listed 95 days ago · MLS® W13576424

About this home

Rare opportunity to own a free-standing mixed-use building in a prime Lakeshore waterfront location within the fast-growing Lakeview Village community. Over 3000 sq ft featuring a retail storefront and three self-contained 2-bedroom apartments (2 on second floor, 1 on ground), all with separate entrances, with basement storage. Separately metered units, parking up to 8-10 cars. Ideal for owner-operators or investors-live, operate a business, and generate rental income, or fully lease for investment purposes. Directly across from the approved Lakeview Village waterfront development with ~16,000 future residential units expected around 2028. Minutes to Port Credit, QEW, transit, schools, shopping, and lakefront amenities. High demand location with exceptional long-term potential!!

Details

Type
Commercial Retail
Lot
40.06 × 150.2 ft
Garage
None
Property tax
$11,147 (2025)
Neighbourhood
Lakeview
Municipality
Mississauga

Heating, cooling and services

Heating
Radiant
Water and sewer
Sanitary+Storm
Utilities
Yes

Building and exterior

Building area
3,500 Square Feet

More

Possession
TBA
Cross street
Lakeshore and Dixie
Business type
Retail Store Related

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Somewhat walkable

  • 🚆 Long Branch GO1.5 km

Within a 10-minute walk: 1 grocery store, 3 cafés and restaurants, 4 parks. Nearest grocery: A.J. Lanzarotta Wholesale Fruits & Vegetables (600 m). Nearest park: Serson Park (550 m).

Schools nearby

Elementary

  • Toronto French School - West Campus Private15 min walk
  • Queen of Heaven School Catholic
    EQAO: Gr 6 reading 97%, math 94%    16 min walk
  • École élémentaire Micheline-Saint-Cyr Catholic · French
    EQAO: Gr 6 reading 81%, math 62%    1.4 km
  • St. Dominic's School Catholic
    EQAO: Gr 6 reading 97%, math 77%    2.2 km

Secondary

  • Allan A Martin Senior Public School1.3 km
  • St. Paul Secondary School Catholic
    EQAO: Gr 9 math 72%, literacy test 89%    1.4 km
  • Gordon Graydon Memorial Secondary School1.5 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L5E

Owners / renters
77% / 23%
Median household income
$98,000
Average age
44
Children under 15
15%
Homes
47% detached, 31% high-rise
Commute by transit
8%
Population
12,972

Languages spoken most at home besides English: Polish 2.5%, Portuguese 1.8%, Mandarin 1.2%, Russian 0.8%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Credit Valley Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Peel Region (Mississauga/Brampton) police: 59 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Development nearby 1 active

  • 0 Jim Tovey (Jim Tovey & Hydro Road) · 350 m
    Development application · In process · applied 2025
    Section 47 for lakeview block 4 (164 homes)

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Credit Valley Conservation open data. Crime Severity Index: Statistics Canada. Planning applications: City of Mississauga open data.

Living here

Commute

To Union Station (downtown Toronto): 16 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE SIGNATURE REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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