Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# W13552220

1199 & 1201 Lakeshore Road E, Mississauga, ON L5E 1G1

Mississauga, ON L5E 1G1

$1,300,000 Est. $5,521/mo · 20% down, 25-yr, 4.09%
40 × 150 ftLot
InvestmentType

About this property

An exceptional investment opportunity in one of Mississauga's most desirable and rapidly evolving corridors. Offered together, 1199 & 1201 Lakeshore Road East present outstanding potential for investors, developers, and land bankers alike. Currently configured as a fully rentable duplex, the property provides immediate income while offering exciting future possibilities.Ideally positioned on highly desirable Lakeshore Road East, this property presents excellent land assembly potential (subject to all required approvals), making it an attractive opportunity to secure a strategic holding in a high-growth location. Surrounded by established neighbourhoods, amenities, transit, and major transportation routes, the site benefits from exceptional accessibility and long-term redevelopment potential.Whether you're seeking a stable income-producing asset, a future development opportunity, or a strategic addition to your investment portfolio, this is a rare chance to acquire a prime piece of Mississauga real estate with significant upside.

Property Summary

Property TypeInvestment
Community NameLakeview
Land Size40 x 150 ft
Annual Property Taxes$7,144.00
Tax Year2025
Parking TypeLane Garage

Building details

Bathrooms / washrooms0
Property typeInvestment

Lot & land

Lot dimensions40 × 150 ft
Lot frontage40 ft
Lot depth150 ft

Interior Features

InclusionsAll appliances in as in condition. Hot Water Tank in 1201 (owned) Washer and Dryer in 1199 not functional . New washer and dryer in 1201.

Building Features

StyleInvestment
Fire ProtectionNo

Rental Equipment

Rental equipment1199 - hot water tank

Heating & Cooling

CoolingYes
Heating TypeGas Forced Air Open

Utilities

Utility SewerSanitary+Storm

Parking

Parking TypeLane Garage

Taxes & fees

Annual taxes$7,144 (2025)

Listing history

On market sinceJul 10, 2026

Location

Mississauga, ON L5E 1G1
Listed by ENGEL & VOLKERS TORONTO CENTRAL, Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
1199 & 1201 Lakeshore Road E, Mississauga, ON L5E 1G1