L5G 1H3 Real Estate

L5G 1H3 Real Estate

Welcome to L5G 1H3, a vibrant and inviting zip code nestled in the heart of Mississauga, Ontario. This charming area is known for its picturesque neighborhoods, diverse community, and convenient access to a plethora of amenities that make it an ideal place to call home.

L5G 1H3 is situated just a stone's throw away from the stunning shores of Lake Ontario, where residents can enjoy scenic waterfront parks, walking trails, and recreational activities. The proximity to the lake not only enhances the natural beauty of the area but also offers a serene escape from the hustle and bustle of city life.

This zip code is characterized by its family-friendly atmosphere, with excellent schools, community centers, and playgrounds that cater to residents of all ages. The local shopping scene is equally impressive, featuring a mix of boutique shops, cafes, and restaurants that reflect the diverse culinary landscape of Mississauga. Whether you're in the mood for a cozy brunch or a fine dining experience, L5G 1H3 has something to satisfy every palate.

For those who commute, the area boasts easy access to major highways and public transit options, making it a convenient hub for professionals working in Toronto and surrounding regions. With a strong sense of community and a variety of housing options—from charming single-family homes to modern condos—L5G 1H3 is a place where you can truly thrive.

Discover the charm of L5G 1H3 and experience the perfect blend of urban convenience and natural beauty in one of Mississauga's most sought-after neighborhoods. Your dream home awaits!

Newest Listings in L5G 1H3

$2,149,000
7 Beds ⋅ 6 Baths ⋅ W13174166 MLS® #
**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.

321 Lakeshore Road E, Mississauga

Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY.

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