For Sale: 321 Lakeshore Road E, Mississauga, ON - REW
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$2,149,000
6 + 1 bd • 6 ba • 3500 - 5000 sf • House
321 Lakeshore Road E
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$2,149,000
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321 E Lakeshore RoadMississauga, ON, L5G 1H3

Port Credit
  • 6 + 1 Bed
  • 6 Bath
  • 3500 - 5000 Sqft
  • House

About this home

**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.
Listed by: Diyana Noncheva, Salesperson, ROYAL LEPAGE TERREQUITY REALTY

Home facts and features

Price details
List Price
$2,149,000
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Gross Taxes for 2025
$13,731
Home facts
Bedrooms
6 + 1
Full Bathrooms
6
Parking Spaces
3
Parking Details
Available, Boulevard, Private
Property Type
House
Lot Size
25 ft x 109 ft (2733 ft²)
Depth
109.16
Frontage
25.04
Exterior Finish
Brick
Heating Type
Water, Electric
Cooling
Window Unit(s)
Basement Details
Apartment, Finished, Finished with Walk-Out, Separate Entrance, Walk-Up
Features
Carbon Monoxide Detectors, Greenbelt/Conservation, Hospital, Lake Access, Park, Public Transit, Smoke Detector
Amenities
Multiple Entrances, Parking
Community
Agent details
Primary Agent
Diyana Noncheva
Primary Broker
ROYAL LEPAGE TERREQUITY REALTY
Listing details
Days on REW
103 Days
Property Views
15
MLS® Number
W13174166
Source
Toronto Real Estate Board
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Mentor College Primary Campus
  • Private
  • JK - 12
Mentor College
  • Private
  • JK - 12
Blyth Academy Mississauga - Adamson
  • Private
  • 11 - 12
Forest Avenue Public School
  • Public
  • JK - 6
Mineola Public School
  • Public
  • JK - 6
Port Credit Secondary School
  • Public
  • 9 - 12
Janet I. McDougald Public School
  • Public
  • JK - 5
The Thinnox Academy - Lakeshore
  • Private
  • 7 - 12
St Dominic School
  • Catholic
  • JK - 8
Cawthra Park Secondary School
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Salesperson
Diyana Noncheva
Phone:
647-885-0267
Office:
905-493-5220
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