Prime Port Credit Investment Opportunity - High-Yield 6-Unit Mixed-Use Asset. Exceptional turn-key commercial-residential building in the heart of Port Credit offering 6 reliable income streams with upside. Financials: Gross ~$138,840/yr, Expenses ~$25,230/yr, NOI ~$113,610/yr. Features: 4 Residential Apartments (3 x 2-bed w/ balconies, 1 x 1-bed) + 2 high-traffic Commercial Retail Units. 100% owner-owned mechanicals, 6 separate meters, recent suite/store renovations, parking, 5 storage rooms, 3 lockers, and multi-entrance access. Location: Steps to Port Credit Harbour Marina, retail, GO Station, Hazel McCallion LRT, UTM, and Humber College. Financing: Vendor Take-Back (VTB) mortgage available for qualified buyers.**Location** Great INCOME PROPORTION. Two of The Most Important Criteria for Investment. (id:66096)
Property Details
MLS®
W13174128
Property Type
Retail
Business Type
Retail and Wholesale
Zoning
Residential/Commercial C3
Interior Size
3,800 ft²
Lot Size
3,800 sq ft
Frontage
25 ft
Building Area
3,800 ft²
Heating
Hot water radiator heat, Natural gas
Cooling
Partially air conditioned
Property Tax
$13,730/yr
Listed
162 days ago
Features
Appliances
Washer, Dryer
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
162d
Mississauga (Port Credit) listings, avg age
62d
Price / ft²
$566
List price
$2.15M
Long Listed: 162 days on market, against an average age of 62 days across the listings currently for sale in this city
Market timing · days on market0 → 62d avg age of current listings
Long Listed · day 162
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
This retail in Mississauga (Port Credit) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Listed by ROYAL LEPAGE TERREQUITY REALTY · DIYANA NONCHEVA
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (L5G)
This home lists at $2,149,000, about 22.6× the local median household income of $95,000.
Carrying it typically needs a household income of about $419,775 (20% down, 25-yr amortization, stress-tested) — roughly 342% 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)
$2,149,000· $566/ft²
For sale
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Financing
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