368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

321 Lakeshore Road E, Mississauga, ON L5G 1H3

$2,149,000
  • Sale
  • Multiplex
  • 97 days ago
  • Updated: 2026-08-30

Property Overview

Property Type
Multiplex
Bedrooms
7
Bathrooms
6
Garage
3
Size
N/A
Age
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.

Key Details

  • W13174166
  • 3
  • $2,149,000
  • Tenant
  • None
  • 3 + 3
  • 3-Storey
  • 6 + 1
  • 6
  • 3500-5000 Sqft
  • N/A
  • N/A
  • Multiplex
  • Sale

Additional Details

  • Water / Electric
  • $13730.57
  • 2025
  • PT LT 143 PL H21 PORT CREDIT; PT LT 144 PL H21 PORT CREDIT AS IN RO834201 EXCEPT BL245 ; MISSISSAUGA
  • N/A
  • N
  • Apartment,Finished,Finished with Walk-Out,Separate Entrance,Walk-Up
  • 1
  • Window Unit(s)
  • Greenbelt/Conservation,Hospital,Lake Access,Park,Public Transit
  • Municipal
Neighbourhood profile DA 35260702 · 2021 Census

Key signals

Owner vs renter

Owner vs renter split.

Median home value

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Owner : renter

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before tax

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did not move

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since 2016

Pressure index

Pressure indicators.

Neighbourhood mobility (5 yr)

Statistics Canada, 2021 Census, Dissemination Areas (98-401-X2021006).

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FAQ
  • What is the total square footage of the w13174166 - 321 Lakeshore Road E, Mississauga, ON L5G 1H3?

    The total square footage of this property is 3500-5000 SqFt.

  • What schools near to w13174166 - 321 Lakeshore Road E, Mississauga, ON L5G 1H3?

    The nearest schools are Peace Bridge Public School for elementary and Greater Fort Erie Secondary School for secondary.

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