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SAGE Real Estate Ltd., Brokerage logo

Mark Savel

SAGE Real Estate Ltd., Brokerage

2010 Yonge St, Toronto, ON M4S 1Z9, Canada

Phone: 416-483-8000

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

© 2026 Mark Savel. All rights reserved.

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MLS# W12795372Lakeview, Mississauga · L5E 1E2
For SaleStore W Apt/Office

881 Lakeshore Road E

$1,199,000
1,500 sqft$799/sq ft62d on market
MLS# W12795372Lakeview, Mississauga · L5E 1E2
For SaleStore W Apt/Office

881 Lakeshore Road E

$1,199,000

$799/sq ft · 62 days on market

Bedrooms
—
Size
1,500 sq ft
Parking
None
OverviewHistoryDetailsNeighbourhood

Listing History — This Unit

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Feb 17, 2026(2mo ago)·65 DOM
$1,199,000
Active
1100-1500 sqft·Royal Lepage Real Estate Associates
W12795354
Feb 17, 2026(2mo ago)·62 DOM
$1,199,000
Active
Royal Lepage Real Estate Associates
W12795372Current
Jan 01, 2024
$000,000Terminated

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Jan 01, 2024
$000,000Terminated

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Jan 01, 2024
$000,000Terminated

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Jan 01, 2024
$000,000Terminated

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Jan 01, 2024
$000,000Expired

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Jan 01, 2024
$000,000Terminated

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Jan 01, 2024
$000,000Terminated

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Jan 01, 2024
$000,000Terminated

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About This Listing

Mixed-use property with C4 zoning located along the Lakeshore corridor in Lakeview, Mississauga. Free-standing building offering a flexible layout suitable for end-users, investors, or live/work configurations. The main floor is configured for retail or office use with two additional rooms behind. The second floor contains a self-contained one-bedroom apartment, while the basement features a finished in-law suite with a separate entrance. The property allows for multiple potential income streams or a combination of commercial and residential use. Additional features include 8-10 parking spaces, updated roof, and newer furnace and A/C. Concept drawings are available for a future three-storey mixed-use redevelopment, subject to zoning and approvals. Prominent exposure along Lakeshore Road East, positioned across from established businesses and within close proximity to Port Credit and the Lakeview Village waterfront redevelopment. Convenient access to transit routes, major roads, and surrounding neighbourhood amenities. Includes 2 fridges and 2 stoves. Power of sale. Property sold as is, where is.

Property Details

MLS NumberW12795372
Property TypeStore W Apt/Office
StyleStore With Apt/Office
Listing TypeFor Sale
StatusActive
Size1,500 sq ft
Parking TypeOutside/Surface
Property Tax$6,750.91/yr
Days on Market62
Listed2026-02-17
CommunityLakeview
MunicipalityPeel
Cross StreetLakeshore Rd E/Cawthra

Location & nearby

│
100
Walk
0
Transit

881 Lakeshore Road E

Nearby schools

Closest publicly funded schools within 5 km, ranked by EQAO standardized test scores

Elementary

3 schools

Queen of Heaven School

573 m
CatholicGrades JK-8
EQAO scoreExcellent
89 / 100

Top 25% of Ontario elementary schools

Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 3R86%▲ 3.0W86%▲ 21.0M71%▲ 18.0
Grade 6R97%▲ 6.0W97%▲ 3.0M94%▲ 29.0

R = Reading · W = Writing · M = Math · arrows show 3-year change

360 students25% Special Ed0% Gifted

Peel Alternative - South Elementary

1.1 km
PublicGrades 6-8
EQAO data not available

Allan A Martin Senior Public School

1.3 km
PublicGrades 6-8
EQAO scoreStrong
78 / 100

Top 50% of Ontario elementary schools

Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 6R88%▲ 4.0W90%▲ 6.0M55%▲ 1.0

R = Reading · W = Writing · M = Math · arrows show 3-year change

students

Secondary

3 schools

St Paul Secondary School

793 m
CatholicGrades 9-12
EQAO scoreExcellent
81 / 100

Top 50% of Ontario secondary schools

Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 9 Math72%▲ 6.0
OSSLT literacy pass rate89%▼ 5.0

Arrows show 3-year change

students

EQAO score is the average of available reading, writing & math results, 0–100 · Source: Ontario Ministry of Education

PublicCatholicFrench

Nearby amenities

38 within a 10-min walk · 73 within 20 min · click a card to see the closest ones

Daily essentials

🛒
Grocery
5within 800 m
+1more by 1.6 km
3 within a 5-min walk
  • Meaty Meats Inc.79 m
  • Antojitos233 m
  • A.J. Lanzarotta Wholesale Fruits & Vegetables367 m

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April 2026

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Listing provided by Royal Lepage Real Estate Associates

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.

Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.

MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: April 19, 2026 at 09:42 p.m.

570
23% Special Ed
5% Gifted
880
18% Special Ed
3% Gifted

Cawthra Park Secondary School

920 m
PublicGrades 9-12
EQAO scoreStrong
78 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 9 Math65%▲ 8.0
OSSLT literacy pass rate91%▲ 2.0

Arrows show 3-year change

1,085 students23% Special Ed2% Gifted

Peel Alternative South ISR

1.7 km
PublicGrades 9-12
EQAO data not available
🏪
Convenience
3within 800 m
+7more by 1.6 km
2 within a 5-min walk
  • Lakeshore Foodmart210 m
  • Evy's Variety238 m
  • J&H Flower Convenience772 m
🏦
Bank / ATM
1within 800 m
+1more by 1.6 km
  • BMO635 m
  • BMO1.1 km
💊
Pharmacy
1within 800 m
+1more by 1.6 km
  • Cyril Pharmacy619 m
  • Macros Pharmacy1.4 km
📮
Post
1within 800 m
+1more by 1.6 km
  • The UPS Store921 m

Food & drink

🍽️
Restaurants
13within 800 m
+9more by 1.6 km
4 within a 5-min walk
  • Samooon132 m
  • Suzie's Jamaican Jerk199 m
  • Sushi King205 m
☕
Coffee
2within 800 m
+2more by 1.6 km
  • Fairgrounds Coffee558 m
  • Tim Hortons629 m
  • Chatime1.1 km
🍺
Bars & pubs
1within 800 m
  • Caven's Alley Bar759 m

Recreation

🏛️
Community
2within 800 m
1 within a 5-min walk
  • St Joseph Syriac Catholic Church339 m
  • The Vietnamese Community Centre of Mississauga;Trung Tâm Cộng Đồng Việt Nam Mississauga741 m
🌳
Parks
1within 800 m
  • Douglas Kennedy Headland720 m
🏋️
Fitness
4within 1.6 km
  • Port Credit Athletics828 m
  • Cawthra Pool910 m
  • Orangetheory Fitness1.1 km
🎭
Entertainment
2within 1.6 km
  • Cawthra Auditorium938 m

Services & shops

🏥
Healthcare
5within 800 m
+6more by 1.6 km
1 within a 5-min walk
  • VS Manual Therapy29 m
  • Sunny Shores Dental497 m
  • Lakeview Dental Centre596 m
🛍️
Shops
3within 800 m
  • Coral Coast Swimwear457 m
  • Josy's Fashion476 m
⛽
Gas / EV
1within 1.6 km
  • Petro-Canada1.2 km

© OpenStreetMap contributors · counts are amenities tagged in OSM within walking distance