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321 Lakeshore Road E

Port Credit Mississauga L5G 1H3

$2,149,000

Residential Freehold beds: 6+1 baths: 6.0

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• Details
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Status:

Active

Prop. Type:

Residential Freehold

MLS® Num:

W13174166

Bedrooms:

6+1

Bathrooms:

6

• Photos (44)

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Rare Opportunity to Own a Powerhouse 6 - Units Trophy Asset at Port Credit with 6 Different Cash Flows Each Month. Diversified Income Ensures you're Never at Risk. Very High Net Operating Income (NOI). This isn't just a Building it's a High-Yield Investment Plan in a Location that Never Stays Vacant. Offering 4 Residential Apartments + 2 Premium Commercial Units with High Ceilings that Face High Walking Traffic Main Street. There Private Lockers, 3 Private Parking Spots, Skylight, Plenty of Storage Recently Renovated Retail Stores and the 2-Bed. apart. Current Rents Offer a Solid Baseline, but the Value-Add Potential is Massive. Low Maintenance. A Lot of Upgrades! 6 SEPARATE HYDRO METERS (protecting your bottom line ) & Newer Furnace & HWT & Updated Electrical in a Well-Maintained Building, Located in a High-Growth Corridor on the Most Famous Street in Mississauga. As Port Credit Continues to Explode with Luxury Developments, the Land Value here is a "Buy " Dream. Steps from the Port Credit Harbour Marina, the GO Station, and the City's Nightlife. Being steps from the future Hurontario LRT makes this an "A-class" location for professionals commuting to Toronto. Walk Score of 89. Tenants Pay a Premium to Live in this Neighborhood, and Businesses will Fight for the Frontage. Port Credit is a Premium Waterfront Neighbourhood with Limited Supply, which Drives Strong Demand for Residential and Commercial Spaces.***Financing Advantage: At $2,149,000, your Debt Service Coverage Ratio (DSCR) improves. Lenders love seeing a 5.38% yield on a "Class A" Location like Port Credit it Makes Getting a Mortgage Much Easier and Potentially Secures you a Better Interest Rate. Investing in a Port Credit 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.

General Info:

Property Type:

Residential Freehold

Property Sub Type:

Multiplex

Home Style:

3-Storey

Total Approx Floor Area:

3500-5000

Lot Depth:

109'2"33.3 m

Lot Frontage:

25'½"7.63 m

Direction Faces:

South

Bedrooms:

6+1

Bathrooms:

6.0

Water supply:

Municipal

Kitchens:

4

Kitchens in Basement:

1

Bedrooms Above Grade:

6

Bedrooms Below Grade:

1

Kitchens Above Grade:

3

Rooms Above Grade:

15

Additional Info:

Heating type:

Water

Heating Fuel:

Electric

Fireplaces:

2

Foundation:

Block

Roof:

Flat

Basement:

Apartment, Finished, Finished with Walk-Out, Separate Entrance, Walk-Up

Fireplace Features:

Electric

Fireplace/Stove:

Yes

Garage:

None

Garage Spaces:

0.0

Parking Features:

Available, Boulevard, Private

Parking Spaces:

3

Total Parking Spaces:

3.0

Family Room:

Yes

Possession Details:

Flexible

Pool:

None

Financial Info:

HST Applicable To Sale Price:

In Addition To, Included In

Taxes:

$13,730.57 / 2025

Assessment:

$- / -

County:

Peel

Listing Area:

Mississauga

Listing Sub-Area:

Port Credit

Property Features / Area Influences:

Greenbelt/Conservation, Hospital, Lake Access, Park, Public Transit

Interior Features:

Carpet Free, Countertop Range, Separate Hydro Meter, Storage Area Lockers, Water Heater Owned, Water Meter

Security Features:

Carbon Monoxide Detectors, Smoke Detector

Rental Items:

n/a

Inclusions:

Washer, Dryer. (4) Fridge,(4) Stoves, A/C window Units,Fireplaces, Furnace, HWT, Lockers

Exclusions:

all tenants stuff

Exterior Finish:

Brick

Elevator:

No

Accessibility Features:

Multiple Entrances, Parking

Other Details:

Utilities Cable:

Available

Utilities Gas:

Yes

Utilities Hydro:

Yes

Utilities Water:

Yes

Sewers:

Yes

Special Designation:

Unknown

Sewers:

Sewer

Air Conditioning:

Window Unit(s)

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Level:

Lower Level

Listing Info:

Date Listed:

May 26, 2026

Original Price:

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Previous Price:

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Listed by ROYAL LEPAGE TERREQUITY REALTY

Data was last updated May 27, 2026 at 12:15 AM (UTC)

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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