$2,149,000
321 Lakeshore Road E, Mississauga, ON L5G 1H3
7 Beds
6 Baths
3 Parking
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 Summary

Property Type Residential Freehold
Property Sub Type Multiplex
Transaction Type For Sale
Style 3-Storey
Bedrooms Above Grade 6
Bedrooms Below Grade 1
Bathrooms 6
Kitchens 4
Basement Apartment, Finished, Finished with Walk-Out, Separate Entrance, Walk-Up
Exposure South
Possession Flexible

Building

Building Type Multiplex
Square Footage 3500-5000
Exterior Brick
Foundation Block
Roof Flat
Heating Water
Heat Source Electric
Cooling Window Unit(s)
Fireplace Yes

Measurements

Lot Size 25.04 x 109.16
Lot Size Units Feet
Frontage 25.04
Depth 109.16
Total Living Area 3500-5000

Land

Address 321 Lakeshore Road E, Mississauga, ON L5G 1H3
City Mississauga
Community Port Credit
County / Area Peel
Cross Street Lakeshore Rd E and Hurontario St
Sewer Sewer
Pool None
Parcel Number 134870127

Parking and Garage

Total Parking 3
Garage Spaces 0
Garage Type None
Parking Features Available, Boulevard, Private

Taxes and Listing Info

List Price $2,149,000
Annual Taxes $13,731
Tax Year 2025
Status Active
Listing Date 2026-05-26T14:10:17Z
Updated 2026-05-26T14:10:17Z
MLS Number W13174166
Local Market Insight

What Buyers Should Know About 321 Lakeshore Road E, Mississauga, ON L5G 1H3

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

321 Lakeshore Road E, Mississauga, ON L5G 1H3 is positioned in Port Credit, a part of Mississauga where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a 3-Storey, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Multiplex should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Lakeshore Rd E and Hurontario St, public transit options, parking availability, and drive times to employment areas. A property with 3 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $2,149,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 7 bedrooms, 6 bathrooms, basement details marked as Apartment, Finished, Finished with Walk-Out, Separate Entrance, Walk-Up, and a lot size of 25.04 x 109.16, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Mississauga, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Port Credit. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 321 Lakeshore Road E, Mississauga, ON L5G 1H3, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.