Shovel ready mixed use redevelopment opportunity along the Lakeshore corridor.


Property

Website:https://www.nestseekers.com/5260762
Address:
Mississauga L5G 1J7
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C1,195,000
($854,100)
(€735,700)
Annual Taxes:C14,245

Description

Shovel-ready mixed-use redevelopment opportunity along the Lakeshore corridor. The existing two-storey building features one retail unit and one residential apartment, offering holding income with clear upside. The property is fully approved to add a third storey and convert to six residential units plus one retail space. Minor Variance, site plan approval, and architectural drawings are all complete. A new owner can pull permits and proceed directly to construction. Further value is created through reduced development charges from the City of Mississauga, available until November 2026, enhancing overall project economics.

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: