321 Lakeshore RD E, Mississauga, ON L5G 1H3
See all 41 photos
321 Lakeshore RD E, Mississauga, ON L5G 1H3
321 Lakeshore RD E, Mississauga, ON L5G 1H3
321 Lakeshore RD E, Mississauga, ON L5G 1H3
321 Lakeshore RD E, Mississauga, ON L5G 1H3
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
FREDDIE GREEN

FREDDIE GREEN

+1(416) 788-3696
$ 2,149,000
Est. payment /mo
Save
Active

321 Lakeshore RD E Mississauga, ON L5G 1H3

7 Beds

6 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Port Credit

MLS Listing ID W13174166

Style 3-Storey

Bedrooms 7

Annual Tax Amount $13,730

Tax Year 2025

Property Sub-Type Multiplex

Property Description

Rare Opportunity to Own a Powerhouse 6 - Units Trophy Asset at Port Credit with 6 Different Cash Flows Each Month. Diversified Income Ensures you're Never at Risk. Very High Net Operating Income (NOI). This isn't just a Building it's a High-Yield Investment Plan in a Location that Never Stays Vacant. Offering 4 Residential Apartments + 2 Premium Commercial Units with High Ceilings that Face High Walking Traffic Main Street. There Private Lockers, 3 Private Parking Spots, Skylight, Plenty of Storage Recently Renovated Retail Stores and the 2-Bed. apart. Current Rents Offer a Solid Baseline, but the Value-Add Potential is Massive. Low Maintenance. A Lot of Upgrades! 6 SEPARATE HYDRO METERS (protecting your bottom line ) & HWT & Updated Electrical in a Well-Maintained Building, Located in a High-Growth Corridor on the Most Famous Street in Mississauga. As Port Credit Continues to Explode with Luxury Developments, the Land Value here is a "Buy " Dream. Steps from the Port Credit Harbour Marina, the GO Station, and the City's Nightlife. Being steps from the future Hurontario LRT makes this an "A-class" location for professionals commuting to Toronto. Walk Score of 89. Tenants Pay a Premium to Live in this Neighborhood, and Businesses will Fight for the Frontage. Port Credit is a Premium Waterfront Neighbourhood with Limited Supply, which Drives Strong Demand for Residential and Commercial Spaces.***Financing Advantage: At $2,149,000, your Debt Service Coverage Ratio (DSCR) improves. Lenders love seeing a 5.38% yield on a "Class A" Location like Port Credit it Makes Getting a Mortgage Much Easier and Potentially Secures you a Better Interest Rate. Investing in a Port Credit 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.

Location

Province ON

County Peel

Area Peel

Rooms

Basement Apartment, Finished, Finished with Walk-Out, Separate Entrance, Walk-Up

Kitchen 4

Interior

Interior Features Carpet Free, Countertop Range, Separate Hydro Meter, Storage Area Lockers, Water Heater Owned, Water Meter

Cooling Window Unit(s)

Fireplaces Number 2

Fireplaces Type Electric

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

Exterior

Parking Features None

Pool None

Roof Type Flat

Total Parking Spaces 3

Building

Foundation Block

Lited by ROYAL LEPAGE TERREQUITY REALTY
FREDDIE GREEN

FREDDIE GREEN

+1(416) 788-3696

GET MORE INFORMATION

First Name
Last Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of FREDDIE GREEN, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

321 Lakeshore RD E