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Single Family Detached · Listed 5 days ago

298 Lakeshore Mississauga,ON L5G 1H2

Mississauga, ON, Canada

3 Beds2 Baths2,000–2,000 sqft1926 Built

List price

$2,999,900

Why This Property?

This Port Credit property is presented as a development opportunity on a 55-by-175-foot double lot, with 3 bedrooms, 2 bathrooms and 2,000 sq. ft. The listing notes C4-43 zoning and potential commercial or residential concepts; Port Credit GO and the village core are local draws.

Facts & Features

Bedrooms & bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full: 2
  • Half: 0

Living Area

  • 2,000–2,000 sqft

Stories

Lot size

  • 0.219 acres

Year built

  • 1926

Property type

  • Single Family Detached

Standard status

  • Active

Cooling

Heating

View

    Utilities

      Water / Sewer

      About This Property

      55ft x 175ft double lot. Ideal for private bussiness practice law/ medical/ most retail use. Development Opportunity to build premium town homes along Cayuga ave or C4-43 Commercial Zoning with grandfathered 6-storey height potential and approximately 54,000 sq. ft. of buildable space. Flexible development possibilities including freehold stacked townhomes, commercial/retail uses with apartments above, office, and other permitted uses.

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      Listing Broker

      ROYAL LEPAGE REAL ESTATE ASSOCIATES

      MLS® TRREB · Listing #W13876564

      Frequently Asked Questions

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

      What development possibilities does the listing identify?
      The listing cites C4-43 commercial zoning and describes possible commercial or retail uses, apartments above, office use, or freehold stacked townhomes. Confirm permitted uses and development potential with the City.
      What local amenities and transit are in Port Credit?
      Port Credit GO serves the Lakeshore West line and connects with MiWay buses. The village core has shops and restaurants, with waterfront parks and trails along Lake Ontario and the Credit River.
      What should buyers know about purchasing a single family detached home in Mississauga?
      Buyers should compare neighbourhoods based on commute, schools, lot sizes, and the age of the home. In Mississauga, detached homes range from established properties in mature communities to newer homes in more recently developed areas. It is also helpful to review local zoning, future transit plans, and the condition of major systems such as the roof, windows, plumbing, and electrical before making an offer.
      Which Mississauga neighbourhoods are popular for single family detached homes?
      Mississauga offers several well-known areas for detached homes. Erin Mills and Meadowvale are often chosen for their family-friendly feel and access to parks, schools, and community amenities. Rathwood is known for established streetscapes and convenient access across the city. Port Credit appeals to buyers who want a waterfront lifestyle, while Mineola and Lorne Park are recognized for larger homes and prestigious residential settings.
      What types of features are common in single family detached homes in Mississauga?
      Common features include private yards, driveways, garages, multiple bedrooms, and finished basements. In more established neighbourhoods, buyers may find larger lots, mature trees, and traditional layouts. In other parts of the city, detached homes may offer updated interiors, open-concept living spaces, home offices, and modern family-oriented designs. Features can vary widely depending on the neighbourhood and the age of the property.
      How is transit and commuting for homeowners in Mississauga?
      Mississauga is well connected for commuters through MiWay bus service, GO Transit stations such as Port Credit GO and Meadowvale GO, and major road networks. The Hurontario LRT is expected to further improve north-south travel. Buyers considering a detached home often look at how close a neighbourhood is to transit, highways, and employment hubs, especially if daily commuting is a priority.