87 Days on Market

233 Lakeshore Rd, Mississauga, Ontario L5G 1G8

$2,350,000
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Townhouse
4 + 1
4
~3500-5000 sqft

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Highlights

Estimated Value$2,576,000*

Price/Sqft$571/sqft

Days On Market87 days

Est. Mortgage$10,092/mth

Tax Amount (2023)$12,504/yr

*Last updated on: 24/05/15

Description

Amazing investment opportunity in the heart of Port Credit! Incredible location just steps to the Lake and Waterfront Trails! 4 Residential Units plus 1 Commercial Unit. 3 of the residential units have been beautifully renovated 2019 to 2022. Roof 2019, Furnace 2017, AC in Commercial Unit 2022. Current Cap Rate is excellent at 4.6% with potential to rise to 5.15% with renovation of 4th unit. Great tenants, stable income flow. Lots of parking out back. All Units separately metered.


Property Details

Style2-Storey
View-
Age of property-
SqFt~3500-5000 SqFt
Lot Size2,725 SqFt(109 x 25)
Parking Spaces3
MLS ®NumberW8081864
Community NamePort Credit
Board NameTRREB

Features

Heating: Radiant
Cooling: Wall Unit
Basement: Apartment

Features

Lot size: 2,725 SqFt

Parking

Garage spaces -

Garage type -

Other parking spaces 3

Total parking spaces 3


Property History

Now
Listed for$2,350,000
87 days on market
history photo preview39
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Property listed by KELLER WILLIAMS REAL ESTATE ASSOCIATES, Brokerage

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Market DataFor the past 30 days in Port Credit

Median Selling Price

$1,687,000

73.63% more than GTA:

$971,500

Median Bidding

Underbidding - Trending to buyer market

-$51,000

Median Number of Sales

5 sales

661 sales less than GTA:

666 sales

Median Number of Days on Market

23 days

11 days more than GTA:

12 days

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Schools and amenities

Estimated Budget

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