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Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

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321 Lakeshore Road E, Mississauga, ON L5G 1H3

$2,149,000 For Sale
  • Sale
  • Commercial Retail
  • 52 days ago
  • Updated: 2026-06-25

Property Overview

Property Type
Commercial Retail
Bedrooms
Bathrooms
0
Garage
Outside/Surface
Size
3800 Square Feet
Age
N/A
**Location** Great INCOME PROPORTION. Two of The Most Important Criteria for Investment. This Amazing 6-Plex Offers the Best Cap Rates in the area, with Six Steady Income Streams Each Month. It Features 3 >2-Bed. Apartments (with balconies) + 1 >1-Bed. Apartment + 2 Commercial Stores & High Ceilings & Big Front Windows, Facing in a High-Foot Traffic Frontage. Many Upgrades to the Building. Recently Renovated one of the 2-Bed. Apartments and Commercial Stores. Newer Owned HWT, Updated Electrical System and Electrical Panel, and 6 separate Hydro Meters for each unit and plenty of storage space. Strong Existing Income with Potential to Generate Much More Revenue. It Includes 3 Parking Spaces, 4 Private Lockers in the Basement, and Multiple Entrances. ***Investing in this 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. As of May 2026, this program remains a primary tool for Canadian multifamily investors to access 95% Loan-to-Value (LTV) and 50-year amortizations. This Location Features Excellent Walkability, Steps from the Port Credit Harbour Marina, Shops, European cafés , and Grocery Stores Nearby, Along with Easy Access to the GO Station for Convenient Downtown Travel & the new Hazel McCallion LRT line at Port Credit GO, Minutes from Humber College, UTM, and Private Schools, making it an Incredible Investment in a Desirable Lakeside Community with Strong Transit Connections, Timing, and Wealth Generation.

Key Details

  • W13174128
  • Outside/Surface
  • $2,149,000
  • Tenant
  • Retail Store Related
  • 3800 Square Feet
  • 700 Sq Ft
  • 109.16 x 25.04 Feet
  • N/A Acres
  • N/A
  • Commercial Retail
  • Sale

Additional Details

  • Gas Hot Water /
  • Residential/Commercial C3
  • $13730
  • 2025
  • PT LT 143 PL H21 PORT CREDIT PT LT 144 PL H21 PORT CREDIT AS IN RO834201 EXCEPT BL245 MISSISSAUGA
  • N/A
  • N
  • Partial
  • Municipal
Neighbourhood profile DA 35260702 · 2021 Census

Key signals

Owner vs renter

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did not move

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since 2016

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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 w13174128 - 321 Lakeshore Road E, Mississauga, ON L5G 1H3?

    The total square footage of this property is Unknown.

  • What schools near to w13174128 - 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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