321 Lakeshore Rd

Port Credit, Mississauga, Ontario L5G 1H3

For Sale · MLS® W13174166 · TRREB MLS®
6+1
Beds
6
Baths
3500-5000
Sqft
None
Parking
Multiplex
Type

Description

**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.

01 / Property recordListing details

Key Facts

MLS® #
W13174166
Board
TRREB MLS®
Days on market
Tax
$13,731
Size
3500-5000 sqft
Lot
25.04 × 109.16 Feet
Parking
None, 3 Parking

Listing History

Listing activity for 321 Lakeshore Rd, Mississauga, Ontario

Date StartDate EndList PricePriceEventListing ID
N/AN/A$2,149,000N/AScW13174166

Property Details

Property

Property Type
Multiplex
Style
3-Storey
Community
Port Credit
Municipality
Mississauga

Inside

Bedrooms
6+1
Bathrooms
6
Bathroom Detail
2, 4pc, 3rd
Bathroom Detail
1, 4pc, 2nd
Bathroom Detail
2, 2pc, Main
Bathroom Detail
1, 3pc, Bsmt
Basement Type
Apartment
Kitchens
3

Utilities

Water
Municipal
Cooling
Window Unit
Heating Type
Water

Building

Size
3500-5000 sqft
Construction
Brick

Parking

Driveway
Available, Boulevard, Private
Garage Type
None
Add. Parking
3
Total Parking
3

Land

Sewer
Sewers
Lot Size
25.04 × 109.16 Feet
Lot Size Code
Feet

Additional

Foundation
Block
Roof
Flat
Fireplace
Y
Pool
None
Den
Y
Family room
Y
Extras
Washer, Dryer. (4) Fridge,(4) Stoves, A/C window Units, Fireplaces, HWT, Lockers

Rooms (12)

Room 1

Level not provided

Room 2

Level not provided

Room 3

Level not provided

Room 4

Level not provided

Room 5

Level not provided

Room 6

Level not provided

Room 7

Level not provided

Room 8

Level not provided

Room 9

Level not provided

Room 10

Level not provided

Room 11

Level not provided

Room 12

Level not provided

Location

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

13 records read 5 on record nearby 8 checked, none on recordRead 2026-11-03

Water and conservation

  • Not in Credit Valley Conservation’s mapped regulated area
  • No mapped wetland within 120 m
  • No water-supply well recorded within 250 m3 test or monitoring holes also recorded.

Credit Valley Conservation · Province of Ontario open data

Planning and building activity

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas

Province of Ontario open data

Around the home

  • Nearest rail line: 400 m
  • A trail on the Ontario trail network within 1 km

Province of Ontario open data

Environmental records

  • No licensed pit or quarry within 2 km
  • No recorded oil, gas or salt well within 250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Ontario Clean Water Agency — Arthur P. Kennedy Water Treatment Plant, 1.5 km away. Only facilities above the inventory’s reporting thresholds are listed.
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.

Province of Ontario open data · Government of Canada open data

Power and internet

  • Electricity is distributed here by Alectra Utilities Corporation
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, CIK Telecom. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.

Ontario Energy Board · Innovation, Science and Economic Development Canada

None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under Credit Valley Conservation Open Data Licence v1.0.

02 / Plan your numbersTools

Mortgage Tools

Mortgage calculator

20%

Monthly Payment

$9,851

  • Down payment$429,800
  • Mortgage amount$1,719,200
  • Total interest$1,236,100
  • Total cost$3,385,100

Cash flow analysis

$9,851

Total monthly payment

$10,995

Break-even down payment

100%

Cash flow-$10,995
03 / Community profileNeighbourhood demographics

Expand Neighbourhood demographics to load Statistics Canada census charts.

$2,149,000

$2,149,000

CAD

Estimate unavailable

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