← Map
For Sale
$2,149,000
Estimated monthly cost
$11,143/mo
20% down • 5.00% rate • 25 yr • incl. tax

321 Lakeshore Road East, Mississauga, ON L5G 1H3

Port Credit
1 / 1
7
Beds
6
Baths
3
Parking
3,500–5,000 ft²
Size
Property type
Multiplex
Listed
26 Days
Annual taxes
$13,731 /yr (2025)
MLS® number
W13174166
Listing brokerage
ROYAL LEPAGE TERREQUITY REALTY

Description

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.

Property Details

Property
Style
3-Storey
Basement
Walkout Basement
Exterior Finish
Brick
Heating
Water · Electric
Cooling
Window Unit(s)
Pool
None
Parking
Garage Type
None
Total Parking
3
Land
Lot Size
25.04 × 109.16 ft
Lot Features
Greenbelt/Conservation, Hospital, Lake Access, Park, Public Transit
Sewer
Sewer
Listing
MLS® Number
W13174166
Listed Date
May 26, 2026
Last Updated
May 26, 2026

About Port Credit

View Port Credit on Market

Schools Nearby

Location

View on Map
$2,149,000
321 Lakeshore Road East, Mississauga, ON L5G 1H3

Schedule a Viewing

Tour this property with a DistrictIQ agent

We reply within one business day — usually much faster. By sending, you agree we may contact you about this request. We never sell your personal information. Privacy policy

Questions about this home?

Book a viewing or ask anything — we reply within one business day, usually much faster.

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. Used under licence.

DistrictIQ Inc., Brokerage · © 2026 DistrictIQ Inc.

This website is not intended to solicit persons currently under contract with a brokerage.