The Bill Parnaby Team - Caledon Realtors


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233 Lakeshore Road E Mississauga, Ontario L5G 1G8

5 Bedroom 4 Bathroom
Wall Unit Radiant Heat

$2,350,000

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. (id:53661)

Property Details

MLS® Number W8081864
Property Type Multi-family
Neigbourhood Port Credit
Community Name Port Credit
Amenities Near By Marina, Park, Public Transit, Schools
Community Features Community Centre
Parking Space Total 3

Building

Bathroom Total 4
Bedrooms Above Ground 4
Bedrooms Below Ground 1
Bedrooms Total 5
Appliances Dishwasher, Dryer, Microwave, Refrigerator, Stove, Two Washers, Two Stoves, Washer
Basement Features Apartment In Basement
Basement Type N/a
Cooling Type Wall Unit
Exterior Finish Stucco, Stone
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 2
Type Other
Utility Water Municipal Water

Land

Acreage No
Land Amenities Marina, Park, Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 109 Ft
Size Frontage 25 Ft
Size Irregular 25 X 109 Ft
Size Total Text 25 X 109 Ft
Zoning Description C3