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For saleMLS® W13826402

895 Lakefront Promenade, Mississauga, ON L5E 2C2

Lakeview · L5E 2C2

$18,804,000

$385 / sq ft

1 months on market

Total area
48,842 sf
Lot
250.52 × 316.41 ft

What's special

  • Outside/surface garage
  • Partial

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About this property

Great opportunity for an owner-user to purchase and occupy a freestanding building in South Mississauga, available for immediate occupancy. Situated on a prominent corner lot, the property offers quick access to Highway 427 and the QEW, along with potential future redevelopment upside. The site is zoned for multi-storey residential under the Rangeview Estates Precinct, which is guided by an endorsed development master plan that contemplates a comprehensive mixed-use community integrated with the broader Lakeview Waterfront area. The Council Approved Official Plan Amendment establishes a maximum buildout of approximately 5,300 residential units across the precinct, with a defined distribution by housing type to support a complete community structure .

Property details

Property

Property type
industrial
Interior size
48,842 sq ft
Lot size
250.52 × 316.41 ft
Zoning
E2-21
Possession
Immediate

Interior

Heating
Gas Forced Air Open
Cooling
Partial

Exterior & services

Garage
Outside/Surface
Sewer
Sanitary+Storm

Costs

List price
$18,804,000
Property taxes
$59,532 / year (2026)
Price per sq ft
$385

Listing

MLS® number
W13826402
Status
For sale
Listed
September 24, 2026
Days on market
41
Last updated
November 4, 2026
Listing brokerage
AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 96% of comparable industrial listings in Mississauga are asking less.

$794KMedian $1.57M$11.17M
This home
$385 / sq ft
Comparable median
$482 / sq ft

Based on 95 comparable active industrial listings in Mississauga. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $3,760,800
$3,760,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$83,176.43
Property tax (est.)
$4,961.00
Estimated monthly
$88,137

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$456,575
Total due on closing
$456,575

An estimate on the asking price of $18,804,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$18,804,000

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