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320 Lakeshore Road W
Port Credit Mississauga L5H 1G8

$4,400,000 /For Sale
Commercial

Main Photo: 320 Lakeshore Road W in Mississauga: Port Credit Commercial for sale : MLS®# W12672896
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12672896
Bus Major:
Apts - 6 To 12 Units
Fantastic Investment Opportunity in Prime Port Credit Area of Mississauga to own an 11 Unit Apartment Building. 6 - 2 bedroom units and 5 - one bedroom units. Majority of units have been fully renovated. Close to public transportation, parks, shopping, ample parking with a great income. Rare find in this area. Please contact the listing agent for a brochure and a link to the video.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
9148 sq. ft. Acres
Total Area:
9,147.6 sq. ft.
Lot Depth:
128'1"
Lot Frontage:
74'5"
Water supply:
Municipal
Zoning:
RA1-2
Heating type:
Steam Radiators
Garage:
None
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$23,784.42 / 2025
Assessment:
$- / -
Peel
Mississauga
Port Credit
No
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
No
Seller Property Info Statement:
No
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
Jan 07, 2026
Original Price:
Previous Price:
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data was last updated January 11, 2026 at 06:15 AM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
  • Economies of scale make property management more efficient
  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

What to Look for in Apartment Buildings for Sale

When evaluating apartment buildings for sale, consider:

  • Vacancy rates and tenant demand in the area
  • Location and proximity to transit, schools, and employment hubs
  • Building condition, age, and potential maintenance costs
  • Current rental income and future appreciation potential

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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.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.