321 Lakeshore Road E, Mississauga

321 Lakeshore Road E
321 Lakeshore Road E
321 Lakeshore Road E
+38
6+1
 bed
6
 bath
3
 parking
3500 - 5000
 sqft
Multiplex
$2,149,000
For Sale
101 days
 on site
$2,149,000
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Size
-
Lot size
2733 sqft
Street frontage
-
Possession
Immediate
Price per sqft
$430 - $614
Taxes
$13,730.57 (2025)
Parking Type
-
Style
3-Storey
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Description
**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.
Broker: ROYAL LEPAGE TERREQUITY REALTY
MLS®#: W13174166
Property details
Parking:
3
Parking type:
-
Property type:
Multiplex
Heating type:
Water
Style:
3-Storey
MLS Size:
3500-5000 sqft
Lot front:
25 Ft
Lot depth:
109 Ft
Listed on:
May 26, 2026
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Instant estimate:
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$114,485
lower than listed price
i
High
$2,136,240
Mid
$2,034,515
Low
$1,932,789
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About 321 Lakeshore Road E

321 Lakeshore Road E is a Mississauga multiplex for sale. It was listed at $2149000 in May 2026 and has 6+1 beds and 6 bathrooms. 321 Lakeshore Road E, Mississauga is situated in Port Credit, with nearby neighbourhoods in Mineola, Lakeview, Cooksville and Lorne Park.

Some good places to grab a bite are Pizza Hut, Country Fish & Chips or Aielli Restaurant. Venture a little further for a meal at one of Port Credit neighbourhood's restaurants. If you love coffee, you're not too far from Destination Care located at 211A Lakeshore Rd E. For groceries there is Villa Fine Foods & Bakery which is only steps away.

For those residents of 321 Lakeshore Rd E, Mississauga without a car, you can get around rather easily. The closest transit stop is a Bus Stop (Lakeshore Rd E / Wenonah Dr) and is only steps away connecting you to Mississauga's public transit service. It also has route Lakeshore nearby.