About this property

Located in highly desirable Clarkson, 1858 Lakeshore Rd W offers a rare mixed-use investment opportunity with strong visibility and long-term upside. This well-maintained commercial property features approximately 997 sq. ft. on the main floor, ideal for retail, professional, or service-based use, plus an additional 997 sq. ft. basement providing valuable storage or additional workspace. Above the commercial space are two self-contained residential apartments, creating multiple income streams and excellent investment flexibility. The property has a functional layout that supports both owner-occupiers and investors alike. The Lakeshore Rd facing apartment contains 2 bedrooms and 1 bathroom and the 2nd apartment in the back contains 3 bedrooms and 1 washroom. Both apartments have their own separate entrances. Property has 8 parking spots divided between the front and back of unit. Situated in a prime Lakeshore location, the building benefits from strong pedestrian and vehicular traffic, proximity to established neighbourhoods, transit, and nearby amenities. Whether you are looking to operate a business on the main level while generating residential rental income, or add a versatile asset to your portfolio, this property presents an exceptional opportunity in one of Mississauga's most sought-after areas.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	W12717544
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	2,991 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	Clarkson
City	Mississauga
Postal Code	L5J 1J7
Province	ON
Listed Date	January 21, 2026
Days on Market	197
Price per Sq Ft	$456
Brokerage	SUTTON GROUP QUANTUM REALTY INC.