$2,149,000
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321 Lakeshore Road E, Mississauga (port Credit), ON L5G1H3

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7 Beds
6 Baths
- Sq Ft

**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. (id:58753)

Listing By: DIYANA NONCHEVA - ROYAL LEPAGE TERREQUITY REALTY
Source: CREA #W13174166 Listing provided courtesy of Canadian Real Estate Association
  • MLS® W13174166
  • Date Listed05/26/2026
  • Days on Realty 128 Days
  • Bedrooms 7
  • Bathrooms 6 baths
  • Lot Size -
  • Sewer Other
  • Property Type Other
  • Water Public

Interior Features

  • Appliances Washer, Refrigerator, Water meter, Stove, Range, Dryer, Water Heater
  • Cooling Window air conditioner
  • Heating Electric

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Conservation/green belt, Carpet Free

Directions

Lakeshore Rd E and Hurontario St

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L5G1H3

Discover key demographics, population statistics, and environmental insights for the Mississauga (port Credit), ON area.

Walkability in ON / L5G1H3

Source: Walk Score

79/100

Very Walkable

Walk Score ®

39/100

Some Transit

Transit Score ®

58/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

4 nearby routes: 4 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 58/100, Transit Score: 46/100, Bike Score: 54/100.

Points of Interest near 321 LAKESHORE ROAD E, Mississauga (Port Credit), ON L5G1H3

Frequently Asked Questions for 321 LAKESHORE ROAD E

Source: Realty.com

321 LAKESHORE ROAD E, Mississauga (Port Credit), ON L5G1H3 in Mississauga (Port Credit), ON L5G1H3 is a other listed at $2,149,000. Highlights include 7 bedrooms, 6 bathrooms. Realty.ca has 41 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 41 photos of 321 LAKESHORE ROAD E.

The full address for this home is 321 LAKESHORE ROAD E, Mississauga (Port Credit), ON L5G1H3.

321 LAKESHORE ROAD E has been listed on Realty.com since Tue May 26, 2026

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 58/100, Transit Score: 46/100, Bike Score: 54/100.

This content last refreshed on 2026-10-01 04:25:18. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.