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: 2026-08-30 14:05:01

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.

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: 12 Days

Last Update: 2026-08-30 14:05:01

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