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321 Lakeshore Road E
Port Credit Mississauga L5G 1H3

$2,149,000
Residential Freehold beds: 6+1 baths: 6.0

Main Photo: 321 Lakeshore Road E in Mississauga: Port Credit House for sale : MLS®# W13174166
Photo 1: 321 Lakeshore Road E in Mississauga: Port Credit House for sale : MLS®# W13174166
Photo 2: 321 Lakeshore Road E in Mississauga: Port Credit House for sale : MLS®# W13174166
Photo 3: 321 Lakeshore Road E in Mississauga: Port Credit House for sale : MLS®# W13174166
Photo 4: 321 Lakeshore Road E in Mississauga: Port Credit House for sale : MLS®# W13174166
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Photo 6: 321 Lakeshore Road E in Mississauga: Port Credit House for sale : MLS®# W13174166
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Photo 40: 321 Lakeshore Road E in Mississauga: Port Credit House for sale : MLS®# W13174166
Photo 41: 321 Lakeshore Road E in Mississauga: Port Credit House for sale : MLS®# W13174166
Status:
Active Under Contract
Prop. Type:
Residential Freehold
MLS® Num:
W13174166
Bedrooms:
6+1
Bathrooms:
6
**Rare Opportunity to Own a High-Performing 6-Unit Trophy Asset in Port Credit with Diverse Monthly Cash Flows.** This investment guarantees diversified income, ensuring you're never at risk. It boasts a very high Net Operating Income (NOI). This property is not just a building; it's a high-yield investment in a location that rarely stays vacant. **Financial Overview:**~ Gross Income: ~$138,840/year, Expenses: ~$25,230/year,~NOI: ~$113,610/year. The building includes 4 residential apartments and 2 premium commercial units with high ceilings, situated on a bustling main street with significant foot traffic. The property features private lockers, 3 private parking spots, a skylight, and ample storage. The retail stores and the 2-bedroom apartment have recently undergone renovations. Current rents provide a solid baseline, but there is substantial potential for value addition. The property is low maintenance and has received numerous upgrades, including 6 separate hydro meters (protecting your bottom line), a new hot water tank, and updated electrical systems, all within a well-maintained building. Located in a high-growth corridor on one of the most famous streets in Mississauga, this area is thriving with luxury developments, making land value a "buy" dream. The property is just steps from the Port Credit Harbour Marina, the GO Station, and the city's vibrant nightlife. Its proximity to the future Hurontario LRT further enhances this "A-class" location for professionals commuting to Toronto, supported by a Walk Score of 89. Tenants are willing to pay a premium to live in this desirable neighborhood, and businesses compete for prime frontage. Port Credit is a premium waterfront neighborhood with limited supply, which creates strong demand for both residential and commercial spaces. **Financing Advantage:** Located in a "Class A" area. Vendor Take-Back (VTB): some mortgage available for qualified buyers.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
3-Storey
Total Approx Floor Area:
3500-5000
Lot Depth:
109'2"
Lot Frontage:
25'½"
Direction Faces:
South
Bedrooms:
6+1
Bathrooms:
6.0
Water supply:
Municipal
Kitchens:
4
Kitchens in Basement:
1
Bedrooms Above Grade:
6
Bedrooms Below Grade:
1
Kitchens Above Grade:
3
Rooms Above Grade:
15
Heating type:
Water
Heating Fuel:
Electric
Fireplaces:
2
Foundation:
Block
Roof:
Flat
Basement:
Apartment, Finished, Finished with Walk-Out, Separate Entrance, Walk-Up
Fireplace Features:
Electric
Fireplace/Stove:
Yes
Garage:
None
Garage Spaces:
0.0
Parking Features:
Available, Boulevard, Private
Parking Spaces:
3
Total Parking Spaces:
3.0
Family Room:
Yes
Possession Details:
Flexible
Pool:
None
HST Applicable To Sale Price:
In Addition To, Included In
Taxes:
$13,730.57 / 2025
Assessment:
$- / -
Peel
Mississauga
Port Credit
Greenbelt/Conservation, Hospital, Lake Access, Park, Public Transit
Carpet Free, Countertop Range, Separate Hydro Meter, Storage Area Lockers, Water Heater Owned, Water Meter
Carbon Monoxide Detectors, Smoke Detector
n/a
Washer, Dryer. (4) Fridge,(4) Stoves, A/C window Units, Fireplaces, HWT, Lockers
all tenants stuff
Brick
No
Multiple Entrances, Parking
Utilities Cable:
Available
Utilities Gas:
Yes
Utilities Hydro:
Yes
Utilities Water:
Yes
Sewers:
Yes
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Window Unit(s)
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Level:
Lower Level
Date Listed:
May 26, 2026
Original Price:
Previous Price:
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Listed by ROYAL LEPAGE TERREQUITY REALTY
Data was last updated October 17, 2026 at 03:15 AM (UTC)
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