321 Lakeshore Road E, Mississauga
1 / 41
For Sale
$2,149,000
6+1 bd · 6 ba · 3,500–5,000 sq ft

321 Lakeshore Road E, Mississauga L5G 1H3

MLS®# W13174166

Est. mortgage
$8,153/mo
Property taxes $13,730.57/yr

About This Home

Property Type
Apartment, Multiplex, 3-Storey
Parking
None 0 garage, 3 parking
MLS #
W13174166
Size
3500-5000 sqft
Basement
Apartment,Finished,Finished with Walk-Out,Separate Entrance,Walk-Up
Listed on
2026-05-26
Lot size
25 x 109.16
Tax
$13,730.57 /yr
Days on Market
167
**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.

Property Details

Full Property Details

Interior

Bedrooms
6
Bedrooms Plus
1
Total Bedrooms
7
Washrooms
6
Square Footage
3500-5000 sqft
Basement
Apartment,Finished,Finished with Walk-Out,Separate Entrance,Walk-Up
Heating Source
Electric
Heating Fuel
Water
Air Conditioning
Window Unit
Family Room
Yes
Kitchens
3
Kitchens Plus
1
Total Kitchens
4
Fireplace Features
Yes

Exterior

Depth
109.16
Front
25.04
Driveway
Available,Boulevard,Private
Lot Size
25 x 109.16 ft
Pool
None
Parking Spaces
3
Total Parking Spaces
3.00
Parking Description
None
Garage Spaces
0

Building Description

Style
3-Storey
Home Type
Apartment
Subtype
Multiplex
Property Orientation
South
Exterior Finish
Brick
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data

Community

Community
Port Credit

Taxes & Fees

Taxes
$13,730.57 /yr
Tax Year
2025
Occupancy
Tenant
A
Alex Price
RIGHT AT HOME REALTY
Listed by DIYANA NONCHEVA, Salesperson
167 days on site
Listing Broker
ROYAL LEPAGE TERREQUITY REALTY
Courtesy
ROYAL LEPAGE TERREQUITY REALTY
Listed Date
5/26/2026

Courtesy of PropTx MLS® / ROYAL LEPAGE TERREQUITY REALTY

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