A prime opportunity awaits in the desirable Lakeview community of Mississauga! This versatile zoned property, situated on a generous 66×162 lot, presents a wealth of possibilities for builders, investors, and end users. The main level is currently designed as a restaurant, featuring a bar, kitchen, and seating area ready for your reimagining. Get creative in this space, and transform it to match your business endeavors! The bar area could be transformed into a trendy social hub, while the spacious kitchen is equipped to support various food service concepts. Beyond restaurant use, the main floors layout lends itself to a range of possibilities. Consider repurposing the space into a boutique retail shop, a co-working space, or an event venue. Its high-traffic location along Lakeshore Rd E provides excellent visibility and foot traffic for various commercial ventures. Upstairs, two spacious 3-bedroom apartments offer a lucrative rental income opportunity, each with its own closet, kitchen and 4-piece bath. This space is ideal for consistent monthly income, whether you choose to lease long-term or short term. This property is primed for commercial and mixed-use opportunities. The flexibility of the space makes it a strategic investment in a high-demand area, whether you envision a thriving restaurant or a complete redevelopment.