Welcome to 181 Lakeshore Rd East in the vibrant area of Port Credit in Mississauga. This great investment opportunity consists of 4 residential apartments, one 1 bedroom, one 2 bedroom (renovated in 2019), one 3 bedroom(renovated in 2019)and one bachelor apartment .All renovated apartments have new kitchens, bathrooms, appliances and flooring. The main floor/commercial unit is a Salon with approximately 850 square feet with additional usable space in the lower level. The common areas in the building were also renovated in 2019. All of the five units are fully leased and all tenants must be assumed by the buyers. The building is conveniently located with public transit, restaurants ,shopping, parks and Lake Ontario within walking distance. New roof in 2023, windows 2019, furnace 2019. Photos were taken when the renovations were completed in 2019. Tenants pay for their own hydro except for the bachelor apartment which is paid by the owner. Internet is included for all the residential units and paid by the owner. Salon tenant pays their own hydro.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
5600 sq. ft. Square Feet
Total Area:
5,600 sq. ft.520 m2
Lot Depth:
74'22.6 m
Lot Frontage:
40'12.2 m
Bathrooms:
5.0
Water supply:
Municipal
Zoning:
C4 Commercial
Heating type:
Gas Forced Air Open
Garage:
None
Parking Spaces:
7
Possession Details:
TBD
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
Annual
Taxes:
$22,561.16 /
2026
Assessment:
$- /
-
Peel
Mississauga
Port Credit
Major Highway, Public Transit
Two hot water tanks.
4 fridges, 4 stoves, 4 microwaves, 4 dishwashers, 4 washing machines, 4 dryers, 2 outdoor storage units, 7 parking spots. Up to date fire inspection certificate.
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