321 Lakeshore Road

Mississauga, ON L5G 1H3 ( Port Credit)

Quick Facts

Type: Multiplex

Style: 3-Storey

Size: Sq Ft

Age: Years

Taxes: $ 13,731 ( 2025)

Updated: 2026-05-26 14:10:17

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 ) & Newer Furnace & 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.

Extras

Multiplex

Property

Status: For Sale

MLS #: W13174166

Price: $ 2,149,000

Address: 321 Lakeshore Road

Type:

Style: 3-Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 13,731

Tax Year: 2025

Lot Size:

Neighbourhood: Port Credit

Nearest Intersection: Lakeshore Rd E and Hurontario St

City: Mississauga

Postal Code: L5G 1H3

DOM: 4 Days

Last Update: 2026-05-26 14:10:17

Building

Interior

Bedrooms: 7

Bathrooms: 6

Rooms: 0

Kitchens: 4

Family Room:

Fireplace:

Basement: Apartment Finished Finished with Walk-Out Separate Entrance Walk-Up,

Central Vacuum:

Exterior

Exterior: Brick,

Driveway:

Garage: Available Boulevard Private

Garage Spaces:

Parking Spaces: 3.00

Pool:

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Water

Heat Source: Electric

Air Conditioning: Window Unit(s)

Water:

Sewers:

Features

Rooms