Description

Prime location in the heart of Port Credit. This Well Maintained Building consists of 4 Apartments + 1 Retail Space + Basement and 3 Parking. All 4 Apartments Are 2-Bedrooms With 1 Bathroom. 2 Apartments On Second Level. 1 Apartment And Retail Store on Main Floor. 1 Apartment And Storage Area In Basement. Storage Area with potential locker area and coin laundry. Two Apartments Are Vacant and have been renovated with new flooring, paint, appliances. Roof 2011, Furnace 2015. Electricity Individually Metered. 4 HWT Tanks. Floorplan available. Great Income growth potential. (id:66096)

Property Details

MLS®: W13468884
Property Type: Retail
Zoning: C3
Interior Size: 3,938 ft²
Lot Size: 25 × 109 ft (2,733 sq ft)
Frontage: 25 ft
Heating: Radiant heat
Cooling: None
Property Tax: $13,672.08/yr
Listed: 138 days ago

Market Timing

Days on market

138d

Mississauga (Port Credit) listings, avg age

62d

Price / ft²

$494

List price

$1.95M

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

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Area context

Neighbourhood profile (L5G)

This home lists at $1,945,000, about 20.5× the local median household income of $95,000.

Carrying it typically needs a household income of about $379,927 (20% down, 25-yr amortization, stress-tested) — roughly 300% above the area median.

Median household income: $95,000
Population: 20,714
Median age: 45.2
Owner / renter: 57% / 43%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L5G)

$1,945,000· $494/ft²

For sale

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Financing

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299 Lakeshore Road East, Mississauga (Port Credit) - Retail for Sale

Description

Property Details

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Market Timing

Location

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Neighbourhood profile (L5G)

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