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321 Lakeshore Road E
Port Credit
Mississauga
L5G 1H3
$2,149,000
Residential Freehold
beds: 6+1
baths: 6.0
- Status:
- Active Under Contract
- Prop. Type:
- Residential Freehold
- MLS® Num:
- W13174166
- Bedrooms:
- 6+1
- Bathrooms:
- 6
**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.
- Property Type:
- Residential Freehold
- Property Sub Type:
- Multiplex
- Home Style:
- 3-Storey
- Total Approx Floor Area:
- 3500-5000
- Lot Depth:
- 109'2"33.3 m
- Lot Frontage:
- 25'½"7.63 m
- Direction Faces:
- South
- Bedrooms:
- 6+1
- Bathrooms:
- 6.0
- Water supply:
- Municipal
- Kitchens:
- 4
- Kitchens in Basement:
- 1
- Bedrooms Above Grade:
- 6
- Bedrooms Below Grade:
- 1
- Kitchens Above Grade:
- 3
- Rooms Above Grade:
- 15
- Heating type:
- Water
- Heating Fuel:
- Electric
- Fireplaces:
- 2
- Foundation:
- Block
- Roof:
- Flat
- Basement:
- Apartment, Finished, Finished with Walk-Out, Separate Entrance, Walk-Up
- Fireplace Features:
- Electric
- Fireplace/Stove:
- Yes
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Features:
- Available, Boulevard, Private
- Parking Spaces:
- 3
- Total Parking Spaces:
- 3.0
- Family Room:
- Yes
- Possession Details:
- Flexible
- Pool:
- None
- HST Applicable To Sale Price:
- In Addition To, Included In
- Taxes:
- $13,730.57 / 2025
- Assessment:
- $- / -
- Peel
- Mississauga
- Port Credit
- Greenbelt/Conservation, Hospital, Lake Access, Park, Public Transit
- Carpet Free, Countertop Range, Separate Hydro Meter, Storage Area Lockers, Water Heater Owned, Water Meter
- Carbon Monoxide Detectors, Smoke Detector
- n/a
- Washer, Dryer. (4) Fridge,(4) Stoves, A/C window Units, Fireplaces, HWT, Lockers
- all tenants stuff
- Brick
- No
- Multiple Entrances, Parking
- Utilities Cable:
- Available
- Utilities Gas:
- Yes
- Utilities Hydro:
- Yes
- Utilities Water:
- Yes
- Sewers:
- Yes
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Window Unit(s)
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Laundry Level:
- Lower Level
-
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Listed by ROYAL LEPAGE TERREQUITY REALTY
Data was last updated October 23, 2026 at 09:15 PM (UTC)
- Tanya Crepulja
- Keller Williams Real Estate Associates, Brokerage
- 647-293-3785
- tanya@tcteam.ca
- Steven Fontes
- Keller Williams Real Estate Associates, Brokerage
- 416-831-2161
- steve@tcteam.ca
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