128 Lakeshore Road E, Mississauga, ON L5G 1E4, Mississauga, ON
ZONED DEVELOPMENT SITE (GFA: 54,000 SF): Prominently located in the heart of Port Credit, the Property presents the unique opportunity to acquire an OLT Approved 10,000 sf mid-rise development site within one of the GTA's most sought after locations. Approved for an 8-storey, 54,000 sf mixed-use residential building, the Property is positioned steps from the Port Credit GO, Hurontario LRT Station and MiWay bus stop, providing for tremendous transit connectivity, with Downtown Toronto, City Centre and Pearson Airport accessible within a 35 minute commute. Enjoy the many amenities of Port Credit with the marina, waterfront trails, parks, restaurants and boutiques all located within a short walking distance. Positioned within the affluent Port Credit node, the Property is suitable for either a condo or rental development. Site Plan Application has not been submitted providing Purchaser with flexibility to influence the final development, however, significant work has been completed by the Vendor to allow for a quick submission and approval of the Site Plan Application. **EXTRAS** Opportunity to execute short team leases with current tenants to provide interim holding income in advance of construction.
Property Highlights
For Sale
MLS NO.
W9378813
Type
Residential Freehold
Sub Type
Vacant Land
Complete Property Details
Property Type
Residential Freehold
Sub Type
Vacant Land
Transaction Type
For Sale
Status
Expired
Contract Status
Unavailable
MLS® Number
W9378813
Living Area Range
5000 +
Total Bedrooms
0
Total Bathrooms
0
Total Kitchens
0
Interior Features
Storage
Central Vacuum Yn
No
Lot Width
66.15
Direction Facing
North
Internet Address Display Yn
No
Internet Entire Listing Display Yn
No
Full Address
128 Lakeshore Road E, Mississauga, ON L5G 1E4
City
Mississauga
Neighbourhood
Port Credit
County / Region
Peel
Province / State
ON
Postal Code
L5G 1E4
Cross Street
Lakeshore Road East/Ann Street
List Price
$7,499,000
Annual Taxes
$60,726
Tax Year
2024
Legal Description
PT LT 2, PL PC2 ECR , N/S TORONTO ST AS IN PC2417 ; MISSISSAUGA
Listing Office
BTG REALTY ADVISORS INC
Board
Toronto Regional Real Estate Board
Original Entry
2024-10-02T20:06:24Z
Media Updated
2024-10-02T20:06:24Z
Photos Updated
2024-10-02T20:06:24Z
Last Modified
2025-03-04T05:15:36Z
System Modified
2025-10-11T18:41:28.669625Z
MLS Status
Expired
Ddfyn
Yes
Expiration Date
2025-03-03
Hstapplication
No, Yes
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
134630071
Public Remarks
ZONED DEVELOPMENT SITE (GFA: 54,000 SF): Prominently located in the heart of Port Credit, the Property presents the unique opportunity to acquire an OLT Approved 10,000 sf mid-rise development site within one of the GTA's most sought after locations. Approved for an 8-storey, 54,000 sf mixed-use residential building, the Property is positioned steps from the Port Credit GO, Hurontario LRT Station and MiWay bus stop, providing for tremendous transit connectivity, with Downtown Toronto, City Centre and Pearson Airport accessible within a 35 minute commute. Enjoy the many amenities of Port Credit with the marina, waterfront trails, parks, restaurants and boutiques all located within a short walking distance. Positioned within the affluent Port Credit node, the Property is suitable for either a condo or rental development. Site Plan Application has not been submitted providing Purchaser with flexibility to influence the final development, however, significant work has been completed by the Vendor to allow for a quick submission and approval of the Site Plan Application. **EXTRAS** Opportunity to execute short team leases with current tenants to provide interim holding income in advance of construction.
