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 Unit 2022. Current Cap Rate is excellent at 4.6% with potential to rise to 5.15% with renovation of 4th unit. Great tenants, stable income flow. Lots of parking out back. All Units separately metered.
Address |
233 Lakeshore Rd E |
List Price |
$2,350,000 |
Property Type |
Free |
Type of Dwelling |
Multiplex |
Style of Home |
2-Storey |
Area |
Mississauga |
Sub-Area |
Port Credit |
Bedrooms |
4 |
Bathrooms |
4 |
Floor Area |
3,500 Sq. Ft. |
MLS® Number |
W8081864 |
Listing Brokerage |
KELLER WILLIAMS REAL ESTATE ASSOCIATES
|
Postal Code |
L5G 1G8 |
Tax Amount |
$12,504 |
Tax Year |
2023 |