Amazing investment opportunity in the heart of Port Credit! Incredible location just steps to the Lake and Waterfront Trails! 4 Residential Units plus 1 Commercial Unit. 3 of the residential units have been beautifully renovated 2019 to 2022.Roof 2019, Furnace 2017, AC in Commercial Unit2022. Current Cap Rate is excellent at 4.8% with potential to rise to 5.4% with renovation of 4th unit. Great tenants, stable income flow. Lots of parking out back. All Units separately metered. |
Price | $2,250,000 |
Taxes: | $12504.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 233 Lakeshore Rd East , Mississauga, L5G 1G8, Ontario |
Postal Code: | L5G 1G8 |
Province/State: | Ontario |
Legal Description: | PT LT 122 PL H21 PORT CREDIT AS IN VS219 |
Lot Size: | 25.00 x 109.00 (Feet) |
Directions/Cross Streets: | Lakeshore Rd E & Cumberland Dr |
Category: | Store With Apt/Office |
Building Percentage: | N |
Total Area: | 4700.00 |
Total Area Code: | Sq Ft |
Office/Appartment Area: | 3200 |
Office/Appartment Area Code: | Sq Ft |
Retail Area: | 1500 |
Retail Area Code: | Sq Ft |
Sprinklers: | N |
Washrooms: | 4 |
Heat Type: | Gas Hot Water |
Central Air Conditioning: | Y |
Elevator Lift: | None |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
KELLER WILLIAMS REAL ESTATE ASSOCIATES |
|
Book Showing | Email a Friend |
Type: | Com - Store W/Apt/Office |
Area: | Peel |
Municipality: | Mississauga |
Neighbourhood: | Port Credit |
Lot Size: | 25.00 x 109.00(Feet) |
Tax: | $12,504 |
Baths: | 4 |