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$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.

$2,149,000
W13174128 MLS® #
Prime Port Credit Investment Opportunity - High-Yield 6-Unit Mixed-Use Asset. Exceptional turn-key commercial-residential building in the heart of Port Credit offering 6 reliable income streams with upside. Financials: Gross ~$138,840/yr, Expenses ~$25,230/yr, NOI ~$113,610/yr. Features: 4 Residential Apartments (3 x 2-bed w/ balconies, 1 x 1-bed) + 2 high-traffic Commercial Retail Units. 100% owner-owned mechanicals, 6 separate meters, recent suite/store renovations, parking, 5 storage rooms, 3 lockers, and multi-entrance access. Location: Steps to Port Credit Harbour Marina, retail, GO Station, Hazel McCallion LRT, UTM, and Humber College. Financing: Vendor Take-Back (VTB) mortgage available for qualified buyers.**Location** Great INCOME PROPORTION. Two of The Most Important Criteria for Investment.

321 Lakeshore Road E, Mississauga

Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY.

$1,945,000
W13468884 MLS® #
Prime location in the heart of Port Credit. This Well Maintained Building consists of 4 Apartments + 1 Retail Space + Basement and 3 Parking. All 4 Apartments Are 2-Bedrooms With 1 Bathroom. 2 Apartments On Second Level. 1 Apartment And Retail Store on Main Floor. 1 Apartment And Storage Area In Basement. Storage Area with potential locker area and coin laundry. Two Apartments Are Vacant and have been renovated with new flooring, paint, appliances. Roof 2011, Furnace 2015. Electricity Individually Metered. 4 HWT Tanks. Floorplan available. Great Income growth potential.

299 Lakeshore Road E, Mississauga

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL EST.