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321 Lakeshore Road E, Mississauga, ON L5G 1H3

Mississauga, ON, L5G 1H3 · Port Credit

Sq Ft
Commercial Retail Type
W13174128 MLS#

About this property

**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.

Features & Amenities

  • Garage: Outside/Surface
  • Cooling: Partial
  • Heat Type: Gas Hot Water

Property Details

Property Type Commercial
Property Sub-Type Commercial Retail
Garage Outside/Surface
Heat Type Gas Hot Water
Cooling Partial
Annual Tax $13,730
Tax Year 2025

Building & Construction

Building Area Total
3800

Heating & Cooling

Heat Type
Gas Hot Water
Cooling
Partial

Parking & Garage

Garage Type
Outside/Surface

Lot & Land

Lot Size Units
Feet
Lot Depth
109.16
Lot Width
25.04

Financial & Tax

Tax Annual Amount
$13,730
Tax Year
2025
Possession Type
Immediate
Possession Details
Flexible

Utilities & Services

Utilities
Available

Additional Details

Occupant Type
Tenant
County Or Parish
Peel
Cross Street
Lakeshore Rd and Hurontario St
Directions
East of Hurontario Street
Showing Requirements
Lockbox, List Brokerage

Location

321 Lakeshore Road E, Mississauga, ON L5G 1H3, Mississauga, ON, L5G 1H3

Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY
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