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233 Lakeshore Rd E

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

5
Beds
4
Baths
$2,250,000
List Price
Details
Photos
40
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
New
16 days on market

Quick Summary

  • Excellent investment opportunity
  • Incredible lakefront location
  • 3 renovated residential units
  • Stable income flow with 4.6% cap rate
  • Potential to increase cap rate to 5.15%
  • Newly renovated roof and HVAC
  • Ample parking space available
  • Separately metered units

Amazing investment opportunity in the heart of PortCredit! Incredible location just steps to the Lakeand Waterfront Trails! 4 ResidentialUnits plus 1 Commercial Unit. 3 of the residentialunits have been beautifully renovated 2019 to 2022.Roof 2019, Furnace 2017, AC in Commercial Unit2022. Current Cap Rate is excellent at 4.6% with... Show More

Amazing investment opportunity in the heart of PortCredit! Incredible location just steps to the Lakeand Waterfront Trails! 4 ResidentialUnits plus 1 Commercial Unit. 3 of the residentialunits have been beautifully renovated 2019 to 2022.Roof 2019, Furnace 2017, AC in Commercial Unit2022. 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 parkingout 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
W9297869
Last Updated
September 4, 2024
Brokerage
KELLER WILLIAMS REAL ESTATE ASSOCIATES
Call us 800-591-0566

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