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279 Lakeshore Road E

Port Credit, Mississauga, L5G 1G8

$3,798,888

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Listed yesterday · MLS® W14092326

About this home

PRIME INVESTMENT OPPORTUNITY: PORT CREDIT MIXED-USE CORNER PROPERTY. Suitable for owner user scenarios for both commercial and residential components. Exceptional turnkey commercial-residential asset situated in the vibrant heart of Port Credit, Mississauga. Boasting 40 feet of premium corner frontage directly on high-traffic Lakeshore Road, this versatile property guarantees maximum exposure and outstanding year-round foot and vehicular traffic for commercial occupants. An unparalleled addition to any investment portfolio or a perfect owner-user opportunity, this high-yielding asset features: 3 High-Visibility Retail Units: Prominent street-facing storefronts ideal for premium retail, boutique services, or professional offices. 5 Residential Apartments: Well-proportioned units offering reliable income streams with excellent rental upside. A Rapidly Densifying Corridor, Flanked by major high-rise residential and master-planned developments to both the east and west, ensuring a rapidly growing local client base. Just a 15-minute walk to the Port Credit GO Transit Station and the upcoming Hazel McCallion LRT, providing effortless access to downtown Toronto. Located steps from the shores of Lake Ontario and surrounded by multi-million dollar luxury homes. Secure a footprint in one of Mississauga's most prestigious, high-growth, and supply-constrained mixed-use communities. Ideal for an investor seeking strong net operating income or a business owner looking to occupy a premier commercial storefront while collecting residential rent.

Details

Type
Commercial Retail
Lot
40.56 × 109.16 ft
Garage
Outside/Surface
Property tax
$28,274 (2026)
Neighbourhood
Port Credit
Municipality
Mississauga

Heating, cooling and services

Heating
Gas Hot Water
Air conditioning
Partial
Water and sewer
Sanitary+Storm
Utilities
Yes

Building and exterior

Building area
7,000 Square Feet

More

Possession
Flexible
Cross street
Lakeshore Rd E. and Hurontairo St.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

  • 🚆 Port Credit GO16 min walk

Within a 10-minute walk: 4 grocery stores, 26 cafés and restaurants, 5 parks, 4 pharmacies. Nearest grocery: SodaStream (500 m). Nearest park: Hiawatha Park (450 m).

Schools nearby

Elementary

  • Mentor College Primary Campus Private5 min walk
  • St. James Catholic Global Learning Centre Catholic
    EQAO: Gr 6 reading 100%, math 67%    6 min walk
  • Forest Avenue Public School
    EQAO: Gr 6 reading 80%, math 40%    9 min walk
  • Mineola Public School
    EQAO: Gr 6 reading 93%, math 63%    13 min walk

Secondary

  • Port Credit Secondary School
    EQAO: Gr 9 math 70%, literacy test 91%    15 min walk

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 L5G

Owners / renters
57% / 43%
Median household income
$95,000
Average age
44
Children under 15
14%
Homes
43% detached, 38% high-rise
Commute by transit
11%
Population
20,714

Languages spoken most at home besides English: Polish 2%, Mandarin 1.3%, Spanish 1%, Russian 0.7%.

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

  • 7 Elmwood Avenue North · 450 m
    Development application · In process · applied 2026
    Development of a purpose built rental supportive housing building with associated amenity areas. (25 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): 18 km. Transit times · Driving times

Coming transit

  • 🚧 Port Credit Hazel McCallion LRT800 m · opening about 2029
  • 🚧 Mineola Hazel McCallion LRT1.2 km · opening about 2029

Stations under construction or approved. Opening dates are the latest public estimates and often move.

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 HOMELIFE NEW WORLD REALTY INC..

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

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