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BTG Realty Advisors Inc. has listed for sale 128 Lakeshore Road East, a prime shovel-ready development site prominently located in the heart of the affluent and picturesque Port Credit neighbourhood in Mississauga.
The property presents the unique opportunity to acquire a zoning approved 10,000 sf mid-rise development site, designed by world class architects Arcadis, within one of the GTA's most sought after locations.
Approved for an 8-storey, 54,000 sf mixed-use residential building with up to 60 strata condo or rental units, the property is positioned steps from the Port Credit GO, Hurontario LRT Station and MiWay bus stop, providing for tremendous transit connectivity, with Downtown Toronto, Mississauga City Centre and Pearson Airport accessible within a 35-minute commute.
Recent Port Credit developments have attracted some of the highest condo sales figures and rental rates amongst all new developments in Mississauga and Peel Region.
Future residents will be able to enjoy the many amenities of Port Credit with the marina, waterfront trails, parks, restaurants and boutiques all located within a short walking distance.
The project benefits from an OLT approval for Official Plan Amendment and Zoning By-Law Amendment, providing a developer the benefit of reduced permitting timelines.
Site Plan Application has not been submitted providing purchaser with flexibility to influence the final development, however, significant work has been completed by the vendor to allow for the quick submission and approval of the Site Plan Application and building permits.
For further information, please see MLS Listing #W9378821 or contact Thaine Carter at thaine@blacktuskgroup.com.
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