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Renanza Realty
For sale

181 LAKESHORE ROAD E

Mississauga (Port Credit), Ontario

MLS® W14102504

$2,775,000

Status
Active
Property type
Multi-family
MLS® number
W14102504
Bedrooms
—
Bathrooms
5
Year built
—

Listing description

Welcome to 181 Lakeshore Rd East in the vibrant area of Port Credit in Mississauga. This great investment opportunity consists of 4 residential apartments, one 1 bedroom, one 2 bedroom (renovated in 2019), one 3 bedroom(renovated in 2019)and one bachelor apartment . All renovated apartments have new kitchens, bathrooms, appliances and flooring.

The main floor/commercial unit is a Salon with approximately 850 square feet with additional usable space in the lower level. The common areas in the building were also renovated in 2019. All of the five units are fully leased and all tenants must be assumed by the buyers.

The building is conveniently located with public transit, restaurants ,shopping, parks and Lake Ontario within walking distance. New roof in 2023, windows 2019, furnace 2019. Photos were taken when the renovations were completed in 2019.

Tenants pay for their own hydro except for the bachelor apartment which is paid by the owner. Internet is included for all the residential units and paid by the owner. Salon tenant pays their own hydro.

Buyers must assume rental contracts for both hot water tanks.

Property summary

MLS® number
W14102504
Property type
Multi-family
Building type
Multi-Family
Size
5,600 sq ft
Land size
Bldg=40 x 74 FT
Annual property taxes
$22,561.16
Parking
7 spaces
Days on market
10 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Appliances
Washer, Dishwasher, Dryer, Microwave

What would this home cost you?

Based on the $2,775,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$12,912 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RIGHT AT HOME REALTY, Mississauga.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.