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233 Lakeshore Rd E

Lakeshore Rd E, Hiawatha, Mississauga, ON, L5G 1G8

5
Beds
4
Baths
$2,350,000
List Price
Details
Photos
39
Comparables
History
233 Lakeshore Rd E, Mississauga, ON - 1 of 3
233 Lakeshore Rd E, Mississauga, ON - 2 of 3
233 Lakeshore Rd E, Mississauga, ON - 3 of 3
71 days on market

Quick Summary

  • Great location steps to lake
  • 4 residential plus 1 commercial unit
  • 3 updated units, roof and furnace replaced
  • Good cap rate with potential to increase
  • Great tenants, stable income
  • Lots of parking out back
  • All units separately metered

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... Show More

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.

Property Details

Size

Sq. Ft. Not Available
5 Beds
4 Above Grade - 1 Below Grade
4 Baths

Parking

3 Parking Spaces
None

Build

Year Built
-
Model Name
-
Basement
Apartment
Exterior
Stucco/Plaster, Stone
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Radiant
Cooling
Wall Unit

Utilities

Water
-
Sewer
Sewers
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2023-01-01
Property Tax Amount
$12,504

Source

Listing Brokerage

MLS® Listing
W8081864
Last Updated
April 5, 2024
Brokerage
KELLER WILLIAMS REAL ESTATE ASSOCIATES
Call us 800-591-0566

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