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321 Lakeshore Road E
Port Credit Mississauga L5G 1H3

$2,149,000 /For Sale
Commercial

Main Photo: 321 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W13174128
Photo 1: 321 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W13174128
Photo 2: 321 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W13174128
Photo 3: 321 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W13174128
Photo 4: 321 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W13174128
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Photo 40: 321 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W13174128
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Photo 44: 321 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W13174128
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13174128
Bus Major:
Retail Store Related
**Location** Great INCOME PROPORTION. Two of The Most Important Criteria for Investment. This Amazing 6-Plex Offers the Best Cap Rates in the area, with Six Steady Income Streams Each Month. It Features 3 >2-Bed. Apartments (with balconies) + 1 >1-Bed. Apartment + 2 Commercial Stores & High Ceilings & Big Front Windows, Facing in a High-Foot Traffic Frontage. Many Upgrades to the Building. Recently Renovated one of the 2-Bed. Apartments and Commercial Stores. Newer Owned Furnace and HWT, Updated Electrical System and Electrical Panel, and 6 separate Hydro Meters for each unit and plenty of storage space. Strong Existing Income with Potential to Generate Much More Revenue. It Includes 3 Parking Spaces, 4 Private Lockers in the Basement, and Multiple Entrances. ***Investing in this 6-plex using CMHC MLI Select is a high-leverage strategy that can significantly increase your cash-on-cash return by minimizing upfront equity and maximizing monthly cash flow. As of May 2026, this program remains a primary tool for Canadian multifamily investors to access 95% Loan-to-Value (LTV) and 50-year amortizations. This Location Features Excellent Walkability, Steps from the Port Credit Harbour Marina, Shops, European cafés , and Grocery Stores Nearby, Along with Easy Access to the GO Station for Convenient Downtown Travel & the new Hazel McCallion LRT line at Port Credit GO, Minutes from Humber College, UTM, and Private Schools, making it an Incredible Investment in a Desirable Lakeside Community with Strong Transit Connections, Timing, and Wealth Generation.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
3800 sq. ft. Square Feet
Total Area:
3,800 sq. ft.
Retail Area:
700 sq. ft. Sq Ft
Lot Depth:
109'2"
Lot Frontage:
25'½"
Water supply:
Municipal
Zoning:
Residential/Commercial C3
Heating type:
Gas Hot Water
Garage:
Outside/Surface
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$13,730 / 2025
Assessment:
$- / -
Peel
Mississauga
Port Credit
No
n/a
Washer, Dryer. (4) Fridge,(4) Stoves, A/C window Units, Electrical Fireplaces, Furnace, HWT, Lockers
tenant stuff
Utilities:
Available
Air Conditioning:
Partial
Seller Property Info Statement:
No
Financial Statements:
Yes
Condo Fee:
$0
Expenses Actual/Estimated:
Actual
Year Expenses:
2025
Major Business Type:
Retail Store Related
Category:
Multi-Use
Franchise:
No
Chattels:
Yes
Date Listed:
May 26, 2026
Original Price:
Previous Price:
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Listed by ROYAL LEPAGE TERREQUITY REALTY
Data was last updated May 27, 2026 at 02:15 PM (UTC)
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