321 Lakeshore Road E, Mississauga, ON L5G 1H3
Mississauga, ON, L5G 1H3 · Port Credit
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