Aerial Property View
320 & 322 Lakeshore Road West
Mississauga, ON
List Price
$ 4,400,000.00
Listing Agent:
About this property
Exceptional value add opportunity to acquire an 2 x 11-Units Apartment Buildings in the highly sought-after Port Credit neighbourhood of Mississauga, steps to the GO station, waterfront, shops and restaurants.
PROPERTY FEATURES
- 11 legal units: 6 spacious 2-bedroom suites and 5 bright 1-bedroom suites, some units with fireplaces.
- Majority of suites tastefully renovated with updated kitchens, baths and flooring, offering strong tenant appeal and rental upside.
- Surface parking is available.
LOCATION HIGHLIGHTS
- Prime Port Credit community node, known for its vibrant waterfront, marinas, parks, boutiques, and top restaurants, attracting high-income tenants.
- Excellent transit access with nearby GO Train and major bus routes, providing easy commutes to downtown Toronto and surrounding employment hubs.
- Strong rental demand and limited supply of multi-residential buildings in this area support long-term income growth and low vacancy.
- Each building has new boilers, coin laundry and 400 amps of power and a lot of the buildings infrastructure has been replaced.