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For sale
  • C$2,149,000

    321 Lakeshore Rd E, Mississauga, ON L5G 1H3

    7beds
    6baths
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    High ceilingsPlenty of storageRecently renovated retail stores
    **Rare Opportunity to Own a High-Performing 6-Unit Trophy Asset in Port Credit with Diverse Monthly Cash Flows.** This investment guarantees diversified income, ensuring you're never at risk. It boasts a very high Net Operating Income (NOI). This property is not just a building; it's a high-yield investment in a location that rarely stays vacant. **Financial Overview:**~ Gross Income: ~$138,840/year, Expenses: ~$25,230/year,~NOI: ~$113,610/year. The building includes 4 residential apartments and 2 premium commercial units with high ceilings, situated on a bustling main street with significant foot traffic. The property features private lockers, 3 private parking spots, a skylight, and ample storage. The retail stores and the 2-bedroom apartment have recently undergone renovations. Current rents provide a solid baseline, but there is substantial potential for value addition. The property is low maintenance and has received numerous upgrades, including 6 separate hydro meters (protecting your bottom line), a new hot water tank, and updated electrical systems, all within a well-maintained building. Located in a high-growth corridor on one of the most famous streets in Mississauga, this area is thriving with luxury developments, making land value a "buy" dream. The property is just steps from the Port Credit Harbour Marina, the GO Station, and the city's vibrant nightlife. Its proximity to the future Hurontario LRT further enhances this "A-class" location for professionals commuting to Toronto, supported by a Walk Score of 89. Tenants are willing to pay a premium to live in this desirable neighborhood, and businesses compete for prime frontage. Port Credit is a premium waterfront neighborhood with limited supply, which creates strong demand for both residential and commercial spaces. **Financing Advantage:** Located in a "Class A" area. Vendor Take-Back (VTB): some mortgage available for qualified buyers.
    96 days
    24
    0

    Zillow last checked:

    Listing updated:

    Listed by:

    ROYAL LEPAGE TERREQUITY REALTY

    Source: TRREB,MLS®#: W13174166MLS LogoOriginating MLS®#: Toronto Regional Real Estate Board

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 6
      Heating
      • Water, Electric
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Countertop Range, Water Heater Owned
      Features
      • Separate Hydro Meter, Storage Area Lockers, Water Meter
      • Flooring: Carpet Free
      • Basement: Apartment,Finished,Finished with Walk-Out,Separate Entrance,Walk-Up Access
      • Has fireplace: Yes
      • Fireplace features: Electric
      Interior area
      • Living area range: 3500-5000 null

      Property

      Parking
      • Total spaces: 3
      • Parking features: Available, Boulevard, Private
      Accessibility
      • Accessibility features: Multiple Entrances, Parking
      Features
      • Stories: 3
      • Pool features: None
      Lot
      • Size: 2,733 Square Feet
      • Features: Greenbelt/Conservation, Hospital, Lake Access, Park, Public Transit
      Details
      • Parcel number: 134870127

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Block
      • Roof: Flat

      Utilities & green energy

      • Sewer: Sewer

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      Location
      • Region: Mississauga

      Financial & listing details

      • Annual tax amount: C$13,730
      • Date on market: 5/26/2026

        Price history

        Price history is unavailable.

        Public tax history

        Tax history is unavailable.

        Climate risks

        Neighborhood: Port Credit

        Getting around

        89 / 100
        Very Walkable
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        No schools nearby

        We couldn't find any schools near this home.