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 4.8% with potential to rise to 5.4% with renovation of 4th unit. Great tenants, stable income flow. Lots of parking out back. All units are separately metered. (id:60365)
MLS® Number | W12299544 |
Property Type | Retail |
Community Name | Port Credit |
ParkingSpaceTotal | 3 |
BathroomTotal | 4 |
Appliances | Dishwasher, Dryer, Microwave, Washer |
CoolingType | Partially Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Hot Water Radiator Heat |
SizeInterior | 4700 Sqft |
Type | Residential Commercial Mix |
UtilityWater | Municipal Water |
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 109 Ft |
SizeFrontage | 25 Ft |
SizeIrregular | 25 X 109 Ft |
SizeTotalText | 25 X 109 Ft |
ZoningDescription | C3 |
https://www.realtor.ca/real-estate/28637037/233-lakeshore-road-e-mississauga-port-credit-port-credit
Kate Peterson
Salesperson
Jeff Peterson
Broker