321 Lakeshore Road E, Mississauga, ON L5G 1H3

$2,149,000

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Property Description

Prime Port Credit Investment Opportunity - High-Yield 6-Unit Mixed-Use Asset. Exceptional turn-key commercial-residential building in the heart of Port Credit offering 6 reliable income streams with upside. Financials: Gross ~$138,840/yr, Expenses ~$25,230/yr, NOI ~$113,610/yr. Features: 4 Residential Apartments (3 x 2-bed w/ balconies, 1 x 1-bed) + 2 high-traffic Commercial Retail Units. 100% owner-owned mechanicals, 6 separate meters, recent suite/store renovations, parking, 5 storage rooms, 3 lockers, and multi-entrance access. Location: Steps to Port Credit Harbour Marina, retail, GO Station, Hazel McCallion LRT, UTM, and Humber College. Financing: Vendor Take-Back (VTB) mortgage available for qualified buyers.**Location** Great INCOME PROPORTION. Two of The Most Important Criteria for Investment.

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Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY.