$1,365,000
$456/sq ft · 92 days on market
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.
1858 Lakeshore Road W
Closest publicly funded schools within 5 km, ranked by EQAO standardized test scores
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Top 50% of Ontario elementary schools
Top 50% of Ontario elementary schools
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Top 50% of Ontario secondary schools
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EQAO score is the average of available reading, writing & math results, 0–100 · Source: Ontario Ministry of Education
65 within a 10-min walk · 124 within 20 min · click a card to see the closest ones
Listing provided by SUTTON GROUP QUANTUM REALTY INC.
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Data last updated: April 22, 2026 at 03:41 a.m.
R = Reading · W = Writing · M = Math · arrows show 3-year change
Arrows show 3-year change
Arrows show 3-year change
© OpenStreetMap contributors · counts are amenities tagged in OSM within walking distance