$2,149,000
Available - For Sale
Listing ID: W13174128
321 Lakeshore Road East , Mississauga, L5G 1H3, Peel
| **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. |
| Price | $2,149,000 |
| Taxes: | $13730.00 |
| Tax Type: | Annual |
| Monthly Condo Fee: | $0 |
| Occupancy: | Tenant |
| Address: | 321 Lakeshore Road East , Mississauga, L5G 1H3, Peel |
| Postal Code: | L5G 1H3 |
| Province/State: | Peel |
| Legal Description: | PT LT 143 PL H21 PORT CREDIT PT LT 144 P |
| Directions/Cross Streets: | Lakeshore Rd and Hurontario St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Multi-Use |
| Use: | Retail Store Related |
| Building Percentage: | T |
| Total Area: | 3800.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | Partial |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE TERREQUITY REALTY |
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|
Rocky Li
Realtor
Dir:
416-567-3688
Bus:
905-604-6855
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Peel |
| Municipality: | Mississauga |
| Neighbourhood: | Port Credit |
| Tax: | $13,730 |
| Fireplace: | N |
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