Home with brick exterior material, street for 321 Lakeshore Rd, Mississauga Ontario L5G 1H3
107 days on Market

321 Lakeshore Rd, Mississauga, Ontario L5G 1H3

Townhouse
6 + 1
6
~3500-5000 sqft
$2,149,000
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Townhouse
6 + 1
6
~3500-5000 sqft

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Highlights

Property Estimate

Days on market107 days

Estimated valueNot available

Price/Sqft$522/sqft

Monthly cost

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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.


Property Details

Style3-Storey
View-
Age of property-
SqFt~3500-5000 SqFt
Lot Size2,733 SqFt(109.16 x 25.04)
Parking Spaces3
MLS ®NumberW13174166
Community NamePort Credit
Data SourceTRREB
Listing byROYAL LEPAGE TERREQUITY REALTY

Features

Heating: Water
Cooling: Window Unit
Fireplace
Basement: Apartment, Finished

Features

Lot size: 2,733 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by ROYAL LEPAGE TERREQUITY REALTY, Brokerage
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Market Data - Port Credit

Geo Zone Map ThumbnailPort Credit

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

0 day

2024

32 days

2023

3 days

New Listings

Past 30 days

3 listings

Compared to

2025

0 listing

2024

1 listing

2023

3 listings

Units sold

Past 30 days

0 unit

Compared to

2025

0 unit

2024

1 unit

2023

1 unit

Median Sold Price

Past 30 days

$0

Compared to

2024

$780,000

2023

$1,920,000


Population and Demographics

Overview

Total population 7199
Average household income $172,319

Age (%)

0 to 19
16%
20 to 34
18%
35 to 49
20%
50 to 64
24%
65 and plus
22%

Household composition (%)

Single family
51%
Single person
44%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
80%
Polish
3%
Others
3%
Spanish
3%
Arabic
2%
French
2%
Italian
2%
Mandarin
1%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
58%
Owners
42%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget