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1199 Lakeshore Mississauga,ON L5E 1E8 — Photo 1
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Duplex · Listed 95 days ago

1199 Lakeshore Mississauga,ON L5E 1E8

Mississauga, ON, Canada

4 Beds2 Baths3,000–3,000 sqft0 Built

List price

$1,300,000

Why This Property?

Offered together as 1199 and 1201 Lakeshore Road East, this Lakeview duplex is configured as a fully rentable 4-bed, 2-bath property with about 3,000 sq ft. It’s positioned for immediate income and future land assembly potential, near Lakeview Village, waterfront trails, Cawthra Park Secondary, and GO access via nearby stations.

Facts & Features

Bedrooms & bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full: 2
  • Half: 0

Living Area

  • 3,000–3,000 sqft

Stories

Lot size

  • 0.137 acres

Year built

  • 0

Property type

  • Duplex

Standard status

  • Active

Cooling

Heating

View

    Utilities

      Water / Sewer

      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.

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      MLS® TRREB · Listing #W13552266

      Frequently Asked Questions

      Everything you need to know about valuing and buying with RealOrca.

      Is this property currently configured for rental use?
      Yes. The listing says it is currently configured as a fully rentable duplex.
      What area context supports the long-term holding potential?
      Lakeview Village redevelopment, waterfront parks and trails, Cawthra Park Secondary, and nearby GO access are all part of the local context.
      What should buyers consider when purchasing a duplex in Mississauga?
      Buyers should review zoning, permitted use, parking requirements, and whether the property is set up for one household or two self-contained units. It is also important to confirm the condition of major systems such as the roof, plumbing, electrical, and heating, and to understand whether any renovations or secondary-unit changes were completed with appropriate approvals. Many buyers also evaluate the property’s potential for multi-generational living or rental income.
      Which Mississauga neighbourhoods are popular for duplex buyers?
      The best neighbourhood depends on your goals. City Centre appeals to buyers who want an urban setting with shopping, transit, and everyday conveniences nearby. Port Credit is known for its waterfront lifestyle and walkable character. Erin Mills, Meadowvale, and Rathwood often attract buyers looking for more suburban surroundings, parks, and family-oriented communities. Established areas may also offer larger lots and mature streetscapes.
      What features are common in duplex properties in Mississauga?
      Duplexes in Mississauga may include separate entrances, multiple kitchens, independent living areas, private or shared outdoor space, and on-site parking. Some are purpose-built as two-unit homes, while others are detached houses that have been adapted for dual occupancy. Storage space, laundry arrangements, and the level of separation between units can vary significantly from property to property.
      Is a duplex in Mississauga a good option for multi-generational living?
      Yes. Duplexes are often a practical choice for multi-generational households because they can provide separate living spaces while keeping family members close. This setup may offer more privacy than a traditional single-family home, with the added benefit of shared ownership or shared household expenses. Buyers should still confirm layout suitability, accessibility, and legal use before purchasing.