Exceptional Development Opportunity on Main Street! 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. Property is being sold primarily for its outstanding redevelopment potential. Building viewing available with an acceptable offer.
3 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $2,000 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.Ask Zara a follow-up
Inside 298 Lakeshore Rd E
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Lot size
54.63 x 175.00 Feet
Parking
6 spacesYes garage
Basement
Full, Partially Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Full · Partially Finished
Lot & land
Lot dimensions
54.63 x 175.00 Feet
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
298 Lakeshore Rd E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13876564$2,999,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 298 Lakeshore Rd E Compares to the Mississauga Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$14,738
/mo
based on the purchase price of $2,999,900
$599,980 cash
$2,399,920 financed
$2,021,363 total interest
Principal54%$2,399,920
Interest46%$2,021,363
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from PropTx or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from PropTx or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Lakeshore Road East? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 298 Lakeshore Rd E with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 298 Lakeshore Rd E day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from PropTx, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Mississauga
Other 4–5 bed homes for sale in Mississauga around $3.0M.
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.6%On average, homes sold below asking.
Active listings2,903Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with Apr 11 – Jul 10, 2026: prices up.
Based on 2,233 sales from Jul 10 – Oct 8, 2026 (1,514 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
298 Lakeshore Rd E is listed at $2,999,900 (MLS® W13876564). Summitly updates the price as soon as the MLS® record changes.
Is $2,999,900 a good price for 298 Lakeshore Rd E?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Mississauga. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 298 Lakeshore Rd E changed?
No — 298 Lakeshore Rd E is still listed at its original asking price of $2,999,900.
How many bedrooms and bathrooms does 298 Lakeshore Rd E have?
298 Lakeshore Rd E has 3 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Mississauga.
Is 298 Lakeshore Rd E close to transit?
The nearest rapid-transit station is Port Credit GO Station (Lakeshore West GO), about 1.1 km (about a 14-minute walk) in a straight line. Long Branch GO Station is about 4.2 km, and Cooksville GO Station is about 4.6 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 298 Lakeshore Rd E?
About $14,738 a month — principal and interest on $2,999,900 with 20% down ($599,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 298 Lakeshore Rd E compare with other homes in Mississauga?
Its asking price of $2,999,900 is about 241% above the median sold price in Mississauga over the last 90 days, $880,000, across 2,233 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 298 Lakeshore Rd E been sold before?
Summitly has no earlier MLS® sale or lease of 298 Lakeshore Rd E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 298 Lakeshore Rd E?
298 Lakeshore Rd E is in Mississauga, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 298 Lakeshore Rd E been on the market?
1 day — 298 Lakeshore Rd E was listed on October 7, 2026.
What is the price per square foot of 298 Lakeshore Rd E?
About $1,500 to $2,000 per square foot: the asking price of $2,999,900 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 298 Lakeshore Rd E have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
