**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"33.3 m
Lot Frontage:
25'½"7.63 m
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
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.