Mississauga Detached For Sale

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881 Lakeshore Road E
Lakeview Peel L5E 1E2

$1,400,000
Residential Freehold beds: 3+1 baths: 3.0

Main Photo: 881 Lakeshore Road E in Peel: Lakeview House for sale (Mississauga)  : MLS®# W12366865
Photo 1: 881 Lakeshore Road E in Peel: Lakeview House for sale (Mississauga)  : MLS®# W12366865
Photo 2: 881 Lakeshore Road E in Peel: Lakeview House for sale (Mississauga)  : MLS®# W12366865
Photo 3: 881 Lakeshore Road E in Peel: Lakeview House for sale (Mississauga)  : MLS®# W12366865
Photo 4: 881 Lakeshore Road E in Peel: Lakeview House for sale (Mississauga)  : MLS®# W12366865
Photo 5: 881 Lakeshore Road E in Peel: Lakeview House for sale (Mississauga)  : MLS®# W12366865
Photo 6: 881 Lakeshore Road E in Peel: Lakeview House for sale (Mississauga)  : MLS®# W12366865
Photo 7: 881 Lakeshore Road E in Peel: Lakeview House for sale (Mississauga)  : MLS®# W12366865
Photo 8: 881 Lakeshore Road E in Peel: Lakeview House for sale (Mississauga)  : MLS®# W12366865
Photo 9: 881 Lakeshore Road E in Peel: Lakeview House for sale (Mississauga)  : MLS®# W12366865
Photo 10: 881 Lakeshore Road E in Peel: Lakeview House for sale (Mississauga)  : MLS®# W12366865
Photo 11: 881 Lakeshore Road E in Peel: Lakeview House for sale (Mississauga)  : MLS®# W12366865
Photo 12: 881 Lakeshore Road E in Peel: Lakeview House for sale (Mississauga)  : MLS®# W12366865
Photo 13: 881 Lakeshore Road E in Peel: Lakeview House for sale (Mississauga)  : MLS®# W12366865
Photo 14: 881 Lakeshore Road E in Peel: Lakeview House for sale (Mississauga)  : MLS®# W12366865
Photo 15: 881 Lakeshore Road E in Peel: Lakeview House for sale (Mississauga)  : MLS®# W12366865
Photo 16: 881 Lakeshore Road E in Peel: Lakeview House for sale (Mississauga)  : MLS®# W12366865
Photo 17: 881 Lakeshore Road E in Peel: Lakeview House for sale (Mississauga)  : MLS®# W12366865
Photo 18: 881 Lakeshore Road E in Peel: Lakeview House for sale (Mississauga)  : MLS®# W12366865
Photo 19: 881 Lakeshore Road E in Peel: Lakeview House for sale (Mississauga)  : MLS®# W12366865
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
W12366865
Bedrooms:
3+1
Bathrooms:
3
Mixed-Use, Multi-Stream Potential in Lakeview. Rarely does a property check this many boxes at once. End-user, investor, live/work, future development, you name it. 881 Lakeshore Road East is a free-standing mixed-use building with coveted C4 zoning, set in the heart of Mississauga's rapidly evolving Lakeview waterfront. The main floor offers a refreshed retail or office space complete with two bedrooms behind it, while the second floor brings a modern, self-contained one-bedroom apartment. Down below, a finished basement in-law suite with separate entrance creates even more flexibility. Translation: multiple revenue streams, live/work potential, or a portfolio-worthy income property. On the practical side: 8-10 parking spaces, an updated roof (2022), newer furnace and A/C, plus drawings already available for a future three-storey mixed-use build. With prime Lakeshore exposure, you're across from high-traffic businesses, minutes from Port Credit, and surrounded by Inspiration Lakeview, the city's transformative waterfront redevelopment that's reshaping this entire community. For the visionary investor, savvy entrepreneur, or anyone searching for the ultimate hybrid of home and business, this is a rare opportunity in a location that's only getting hotter. Includes 3 fridges and 3 stoves. Property sold as is.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2-Storey
Total Approx Floor Area:
1100-1500
Depth:
126'
Frontage:
32'
Direction Faces:
North
Bedrooms:
3+1
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Kitchens in Basement:
1
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Kitchens Above Grade:
2
Rooms Above Grade:
7
Rooms Below Grade:
3
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Poured Concrete
Roof:
Shingles
Basement:
Separate Entrance, Finished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Private
Parking Spaces:
8
Total Parking Spaces:
8.0
Family Room:
No
Pool:
None
Link:
No
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Taxes:
$4,381 / 2025
Assessment:
$- / 2025
Mississauga
Lakeview
Peel
In-Law Capability
3 fridges, 3 stoves
Brick
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Ensuite Laundry:
No
Date Listed:
Aug 27, 2025
Original Price:
Previous Price:
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Listed by Royal Lepage Real Estate Associates
Data was last updated August 28, 2025 at 01:15 AM (UTC)
Area Statistics
Listings on market:
102
Avg list price:
$1,354,444
Min list price:
$599,999
Max list price:
$4,500,000
Avg days on market:
44
Min days on market:
1
Max days on market:
581
These statistics are generated based on the current listing's property type and located in Lakeview. Average values are derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.