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$2,149,000
Ontario,Mississauga (Port Credit)
For Sale Active
321 LAKESHORE ROAD E, Mississauga (Port Credit), Ontario L5G1H3
  • 3,800 Sqft
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Basic Details
Description

**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 Furnace and 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. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: W13174128
  • Price: $2,149,000
  • Square Footage: 3,800 Sqft
  • Status: Active
  • Property Sub Type: Retail
  • Office Key: 283184
Features & Appliances
Features
  • Heating System: Natural gas, Hot water radiator heat
  • Cooling System: Partially air conditioned
Address Map
  • Location: CA, Ontario, Mississauga (Port Credit), L5G1H3
  • Street: Lakeshore
  • Street Number: 321
  • Street Suffix: Road
  • Longitude: W80° 25' 31.8''
  • Latitude: N43° 33' 41.9''
  • Street Dir Suffix: East
Additional Information
  • Water Source:
  • Business Type: Retail and Wholesale
  • Lot Size Dimensions: 3800
Financial
  • Tax Annual Amount: 13730
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Listing updated: 2026-06-16 06:27:21
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Listing Information
  • List Agent Key: 2063297
  • List Office Key: 283184
  • Modification Timestamp: 2026-06-02T20:55:16Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-06-02T20:49:51Z
Powered by REALTOR.ca
Listing updated: 2026-06-16 06:27:21
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