321 Lakeshore Road E, Mississauga, Ontario L5G 1H3

Listed for:
$2,149,000
0 beds
0 baths
Listed 2 days ago
321 Lakeshore Road E, Mississauga, Ontario L5G 1H3

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About

Cross Streets: Lakeshore Rd and Hurontario St. ** Directions: East of Hurontario Street. **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:27476)

Property Highlights

MLS® Number
W13174128
Type
Retail
Community Name
Port Credit
Land Size
3800 ac

Building

Square Footage
3800 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Hot water radiator heat
Heating Fuel
Natural gas
Building Cooling Type
Partially air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE TERREQUITY REALTY
MLS® number:
W13174128
Agent:
Diyana Noncheva
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Street Spotlight - For sale