321 Lakeshore Road E, Mississauga, ON, L5G 1H3

MLS® # W13174128

Commercial For Sale In Port Credit, Mississauga, Ontario

$2,149,000

None Beds

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321 Lakeshore Road E, Mississauga, ON, L5G 1H3

$2,149,000

Property Information:

**Location** Great INCOME PROPORTION. Two of The Most Important Criteria for Investment. This Amazing 6-Plex Offers the Best Cap Rates in the area, with Six Steady Income Streams Each Month. It Features 3 >2-Bed. Apartments (with balconies) + 1 >1-Bed. Apartment + 2 Commercial Stores & High Ceilings & Big Front Windows, Facing in a High-Foot Traffic Frontage. Many Upgrades to the Building. Recently Renovated one of the 2-Bed. Apartments and Commercial Stores. Newer Owned HWT, Updated Electrical System and Electrical Panel, and 6 separate Hydro Meters for each unit and plenty of storage space. Strong Existing Income with Potential to Generate Much More Revenue. It Includes 3 Parking Spaces, 4 Private Lockers in the Basement, and Multiple Entrances. ***Investing in this 6-plex using CMHC MLI Select is a high-leverage strategy that can significantly increase your cash-on-cash return by minimizing upfront equity and maximizing monthly cash flow. As of May 2026, this program remains a primary tool for Canadian multifamily investors to access 95% Loan-to-Value (LTV) and 50-year amortizations. This Location Features Excellent Walkability, Steps from the Port Credit Harbour Marina, Shops, European cafés , and Grocery Stores Nearby, Along with Easy Access to the GO Station for Convenient Downtown Travel & the new Hazel McCallion LRT line at Port Credit GO, Minutes from Humber College, UTM, and Private Schools, making it an Incredible Investment in a Desirable Lakeside Community with Strong Transit Connections, Timing, and Wealth Generation.

Inclusions: Washer, Dryer. (4) Fridge,(4) Stoves, A/C window Units, Electrical Fireplaces, HWT, Lockers

Exclusions : tenant stuff

Property Features:

Annual Tax Amount: $13,730
Business Type: Retail Store Related
Cooling: Partial
Floor Space (approx): 700 Square Feet
Garage Type: Outside/Surface
Heat Type: Gas Hot Water
Lot Depth: 109.16 Feet
Lot Frontage: 25.04 Feet
Property Use: Multi-Use
Security Features: No
Utilities: Available
Water: Municipal

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Notes:

Diyana Noncheva

Sales Representative / Appraiser Royal LePage Terrequity Realty , Brokerage*

Mobile:647.885.0267

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Market Price Trends

Location of 321 Lakeshore Road E, Mississauga, ON, L5G 1H3

Lifestyle
Neighbourhood

Demographic Information of 321 Lakeshore Road E, Mississauga, ON, L5G 1H3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$163,749.18

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.15 %

High school certificate or equivalent

26.51 %

Apprenticeship trade certificate/diploma

7.45 %

College/non-university certificate

16.83 %

University certificate (below bachelor)

0.87 %

University Degree

32.18 %

Commuter

Travel To Work

By Car

75.0 %

By Public Transit

12.34 %

By Walking

7.53 %

By Bicycle

0.03 %

By Other Methods

5.1 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

53.07 %

Houses

46.93 %

Own Vs. Rent

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321 Lakeshore Road E, Mississauga, ON, L5G 1H3 $2,149,000 MLS® # W13174128