128 Lakeshore Road For Sale

Mississauga, Port Credit, L5G 1E4

$7,990,000

Description

Listed by BTG REALTY ADVISORS INC.

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.

Opportunity to execute short team leases with current tenants to provide interim holding income in advance of construction.

Location

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  • Address: 128 Lakeshore Road
  • Neighborhood: Port Credit
  • City: Mississauga
  • State: Ontario
  • Postal Code: L5G 1E4

Property Details

  • Property ID: W9378808
  • Property Price: $7,990,000
  • Style: Land, Designated
  • Taxes: $60,726.00 (2024)
  • Lot: 152.03x66.15 (Feet)

Property History

This property has been sold 4 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

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