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Active Multiplex For Sale 108 DOM · sitting
$2,149,000
MLS® W13174166

321 Lakeshore Road E, Mississauga, ON L5G 1H3

Mississauga · Port Credit · L5G 1H3
Monthly cost · estimate
$0/mo
— · — · —
🤖
Hunter's read
6-unit Port Credit multiplex generating strong NOI on 108-day listing—priced competitively for trophy asset with diversified tenant base.
6+1
Beds
6
Baths
3500-5000
Sqft
3
Parking

About this home

**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.

📋 Property summary 8 details
Property Type
Multiplex
Style
['3-Storey']
Square Footage
3500-5000
Days on Market
108 days
Annual Taxes
$13,730
Lot Size
25.04' × 109.16'
Community
Port Credit
Parking
3.0 spaces
🏠 Interior 6 features
Basement
Apartment, Finished, Finished with Walk-Out, Separate Entrance, Walk-Up
Fireplaces
2 (Electric)
Interior features
Carpet FreeCountertop RangeSeparate Hydro MeterStorage Area LockersWater Heater OwnedWater Meter
🧱 Building & exterior
Foundation
Block
Exterior
Brick
⚡ Utilities
Heating
Water
Cooling
['Window Unit(s)']
Sewer
['Sewer']
🌳 Lot & land
Frontage
25.04 ft
Depth
109.16
📦 Inclusions & exclusions
Included with sale

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

Excluded from sale

all tenants stuff

📃 Listing details
MLS® Number
W13174166
Days on Market
108 days
Possession
Immediate
Listing Brokerage
ROYAL LEPAGE TERREQUITY REALTY

Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.

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About Mississauga

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$2,149,000
321 Lakeshore Road E, Mississauga, ON L5G 1H3
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What is this home really worth?

Hunter pulls the last 6 months of actual closed sales on this street, computes the average sold price, days on market, and sold-to-list ratio — then tells you if 321 Lakeshore Road E, Missi... is priced fairly, over, or under.

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