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213 Lakeshore Road E
Port Credit Mississauga L5G 1G5

$1,700,000 /For Sale
Commercial

Main Photo: 213 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W13102660
Photo 1: 213 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W13102660
Photo 2: 213 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W13102660
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Photo 39: 213 Lakeshore Road E in Mississauga: Port Credit Commercial for sale : MLS®# W13102660
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13102660
Bus Major:
Apts - 2 To 5 Units
Prime mixed-use investment opportunity in the heart of Port Credit. Exceptional income-generating property located on high-exposure Lakeshore Rd E featuring a main floor commercial retail unit with additional basement space, plus three residential apartments consisting of two 1-bedroom units, one 2-bedroom unit, and one bachelor suite. Commercial space includes a washroom and kitchenette, while the basement level also features an additional washroom and sink area.Well-positioned in one of Mississauga's most vibrant and rapidly growing waterfront communities, this asset offers a strong and diversified income stream with stable rental demand and long-term upside potential.Surrounded by restaurants, cafés, retail, and everyday amenities along the Lakeshore corridor, and just steps to the waterfront, marina, parks, and Port Credit GO Station with direct access to downtown Toronto. The area continues to benefit from major redevelopment projects including Brightwater and Lakeview Village, driving significant population growth and increasing demand for both commercial and residential space.Excellent opportunity for investors seeking a turnkey mixed-use asset in a prime location with future appreciation potential.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
3997 sq. ft. Square Feet
Total Area:
3,997 sq. ft.
Lot Depth:
110'10"
Lot Frontage:
20'
Water supply:
Municipal
Zoning:
C4
Heating type:
Radiant
Garage:
None
Possession Details:
Immediate
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$12,000 / 2025
Assessment:
$- / 2025
Peel
Mississauga
Port Credit
None
Tankless Hot Water, Cameras & Security System
Utilities:
Available
Air Conditioning:
No
Seller Property Info Statement:
No
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Date Listed:
May 08, 2026
Original Price:
Previous Price:
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Listed by EXP REALTY
Data was last updated May 9, 2026 at 03:15 AM (UTC)
DARYL  KING
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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

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Typically, any property with five or more units is classified as an apartment building for investment purposes.

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You can find listings across major cities and growing suburbs where rental demand remains strong.