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321 Lakeshore Road E in Mississauga for sale

Asking price
$2,149,000
Estimate (May 26)
$1,943,886
MLS #:
W13174166
Type:
Multiplex, 3-Storey
Approx. SQFT:
3500-5000
Basement:
Apartment, Finished
6+1 6+1
25.04 x 109.16 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 New N/A N/A N/A
0000-00-00 $00000 Lsd Jul 08, 2025 $2,250
0000-00-00 $00000 Sld N/A N/A
0000-00-00 $00000 Exp N/A N/A N/A
0000-00-00 $00000 Sld N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Exp N/A N/A N/A
**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.

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  • Date Listed: Tuesday, May 26, 2026
  • Listing Brokerage: Royal Lepage Terrequity Realty - Disclaimer: The information contained in this listing has not been verified by Royal Lepage Terrequity Realty and should be verified by the buyer.
  • City: Mississauga

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  • Neighbourhood: Port Credit
  • Major Intersection: Lakeshore Rd E and Hurontario St
  • Full Address: 321 Lakeshore Road E, Mississauga, L5G 1H3, ON, Canada
  • Amenities:
  • Taxes: $13,730.57 (2025)

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