$2,149,000
FOR SALE

Commercial/Retail

Lot: 25.04 x 109.16 ft
2025 Taxes: $13,730

321 Lakeshore Rd E
Mississauga, ON L5G 1H3 | Port Credit | Peel

**Location** Great INCOME PROPORTION. Two of The Most Important Criteria for Investment. This Amazing 6-Plex Offers the Best Cap Rates in the area, with Six Steady Income Streams Each Month. It Features 3 >2-Bed. Apartments (with balconies) + 1 >1-Bed. Apartment + 2 Commercial Stores & High Ceilings & Big Front Windows, Facing in a High-Foot Traffic Frontage. Many Upgrades to the Building. Recently Renovated one of the 2-Bed. Apartments and Commercial Stores. Newer Owned Furnace and HWT, Updated Electrical System and Electrical Panel, and 6 separate Hydro Meters for each unit and plenty of storage space. Strong Existing Income with Potential to Generate Much More Revenue. It Includes 3 Parking Spaces, 4 Private Lockers in the Basement, and Multiple Entrances. ***Investing in this 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. As of May 2026, this program remains a primary tool for Canadian multifamily investors to access 95% Loan-to-Value (LTV) and 50-year amortizations. This Location Features Excellent Walkability, Steps from the Port Credit Harbour Marina, Shops, European cafés , and Grocery Stores Nearby, Along with Easy Access to the GO Station for Convenient Downtown Travel & the new Hazel McCallion LRT line at Port Credit GO, Minutes from Humber College, UTM, and Private Schools, making it an Incredible Investment in a Desirable Lakeside Community with Strong Transit Connections, Timing, and Wealth Generation.
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Listed By ROYAL LEPAGE TERREQUITY REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W13174128
Last Updated May 26, 2026
Property Summary
Property Type Commercial/Retail

More like this:
Use Retail Store Related
PIN 134870127
Legal Description PT LT 143 PL H21 PORT CREDIT PT LT 144 PL H21 PORT CREDIT AS IN RO834201 EXCEPT BL245 MISSISSAUGA
Possession Date Flexible
Taxes (2025) $13,730
Directions/Cross Streets Lakeshore Rd and Hurontario St
Neighbourhood Port Credit
Area Peel
Price History

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Detailed Information
Freestanding Y
Lot 25.04 x 109.16 ft
Air Conditioning Partial
Basement Basement
Chattels Y
Garage Type Outside/Surface
Heat Type Gas Hot Water
Financial Statement Y

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