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    For Sale - 321 Lakeshore Road, Mississauga, Ontario

    Est payment $10,319/mo
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    Views   1
    Time on Jump  1 days

    AI Summary *

    • Strong income potential with six rental units and two commercial stores.
    • Upgraded building features modern apartments and plenty of storage space.
    • Excellent walkability near marina, shops, and cafes for tenant convenience.
    • Easy access to public transit for commuting and downtown travel.
    • Great location within a desirable lakeside community with strong growth potential.




    **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.
    Listing IDW13174128
    Address321 Lakeshore Road
    CityMississauga, Ontario
    Price$2,149,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailBasement 1Heating / Cooling Gas Hot Water

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    Listing Agency:  ROYAL LEPAGE TERREQUITY REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    321 Lakeshore Road
    Mississauga , Ontario
    $2,149,000
    Get more info