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321 LAKESHORE ROAD E, Mississauga (Port Credit)
2026-05-27
Quick Summary
- Location
- 321 LAKESHORE ROAD E, Mississauga (Port Credit), Ontario L5G1H3
- Price
- $2,149,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 3500 - 5000 sqft
- Bedrooms:
- 6 bed +1
- Bathrooms:
- 6
- Garages:
- 3
MLS®#W13174166
Property Description
**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. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Hospital, Park, Public Transit
Building
- Amenities: Fireplace(s), Separate Electricity Meters
- Appliances: Range, Water Heater, Water meter, Dryer, Stove, Washer, Refrigerator
- Basement Development: Finished
- Basement Features: Apartment in basement, Walk out, Separate entrance, Walk-up
- Basement Type: N/A, N/A (Finished), N/A, N/A
- Cooling Type: Window air conditioner
- Exterior Finish: Brick
- Fireplace: Yes
- Interior Size: 3500 - 5000 sqft
- Building Type: Other
- Stories: 3
- Utility Water: Municipal water
Features
- Feature: Conservation/green belt, Carpet Free
Land
- Land Size: 25 x 109.2 FT
- Sewer: Sanitary sewer
Information entered by ROYAL LEPAGE TERREQUITY REALTY
Listing information last updated on: 2026-10-13 22:59:37
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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