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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 Powerhouse 6 - Units Trophy Asset at Port Credit with 6 Different Cash Flows Each Month. Diversified Income Ensures you're Never at Risk. Very High Net Operating Income (NOI). This isn't just a Building it's a High-Yield Investment Plan in a Location that Never Stays Vacant. Offering 4 Residential Apartments + 2 Premium Commercial Units with High Ceilings that Face High Walking Traffic Main Street. There Private Lockers, 3 Private Parking Spots, Skylight, Plenty of Storage Recently Renovated Retail Stores and the 2-Bed. apart. Current Rents Offer a Solid Baseline, but the Value-Add Potential is Massive. Low Maintenance. A Lot of Upgrades! 6 SEPARATE HYDRO METERS (protecting your bottom line ) & HWT & Updated Electrical in a Well-Maintained Building, Located in a High-Growth Corridor on the Most Famous Street in Mississauga. As Port Credit Continues to Explode with Luxury Developments, the Land Value here is a "Buy " Dream. Steps from the Port Credit Harbour Marina, the GO Station, and the City's Nightlife. Being steps from the future Hurontario LRT makes this an "A-class" location for professionals commuting to Toronto. Walk Score of 89. Tenants Pay a Premium to Live in this Neighborhood, and Businesses will Fight for the Frontage. Port Credit is a Premium Waterfront Neighbourhood with Limited Supply, which Drives Strong Demand for Residential and Commercial Spaces.***Financing Advantage: At $2,149,000, your Debt Service Coverage Ratio (DSCR) improves. Lenders love seeing a 5.38% yield on a "Class A" Location like Port Credit it Makes Getting a Mortgage Much Easier and Potentially Secures you a Better Interest Rate. Investing in a Port Credit 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. (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: 2026-06-22 19:43:41
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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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