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CAONMississaugaPort Credit321 Lakeshore Rd E
Listing image | Image 1

321 Lakeshore Rd E, Mississauga, ON

House

For Sale

Listed price in listed location currency (CAD).
$2,149,000

763

MLS® W13174166

Overview

Key Facts

Type Multi Family
Levels Residential
Size -
Garage None
Taxes $13,731
Days Active 8
Lot Size 
Approx. Age 
MLS® Number W13174166

Property Address: 321 Lakeshore Rd E, Mississauga, ON, L5G1H3

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberW13174166
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageNone
Approx. Age
BasementApartment, Finished, Finished with Walk-Out, Separate Entrance, Walk-Up
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Last Sold Price

----

Appreciation

--

Avg. Days Listed

--

Today, For Sale for $2,149,000

For Sale · 8 days

$2,149,000

MLS® W13174166

9 days ago

Not Sold Yet

May 2026, For Sale for $2,149,000

For Sale · 8 days

$2,149,000

MLS® W13174166

9 days ago

Not Sold Yet

  • May 26, 2026, For Sale for $2,149,000

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