233 Lakeshore Rd E

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$2,150,000 CAD

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Description

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.

Extras:
Inclusions: 4 Fridges, 4 Stoves, 2 Dishwashers, 1 Microwave, Coin Operated Washer & Dryer, All ELFs in Apartments.
Exclusions: Tenant's Belongings

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Location

233 Lakeshore Rd E, Mississauga L5G 1G8, Canada

Status

For Sale

Jeff Peterson

TITLE

Broker

PHONE

(905) 271-5151

EMAIL

[email protected]

CONTACT AGENT

Property Amenities

Area & Lot

MLS® ID W12130730

Type Residential

Status For Sale

Finance

Sales Price $2,150,000 CAD

Real Estate Tax $14,349 CAD yearly

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$2,150,000 CAD