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$3,900,000
Mississauga
6 Brant Avenue, Mississauga (Port Credit), Ontario, L5G3N8
This multi-family property in Mississauga is for sale.
6 BRANT AVE FEATURES 2 COMMERCIAL AND 8 RESIDENTIAL UNITS (6 1- BED & 2 STUDIO). THE MAIN FLOOR IS DEDICATED COMMERCIAL SPACE RENTED TO 1 LONG STANDING SUCCESSFUL TENANT. THE 8 RESIDENTIAL UNITS ARE ALL RENTED TO A++ TENANTS & HAVE ALL BEEN RENOVATED AND SEPARATELY METERED FOR GAS & HYDRO. ALL 1 BEDROOMS HAVE THEIR OWN FURNACE & A/C & STUDIOS HAVE INSUITE COMBO AC/HEATING WALL UNIT CONTROLLED BY THERMOSTAT. ALL UNITS FEATURE ENSUITE LAUNDRY & HAVE DEDICATED HWT. IN THE HEART OF PORT CREDIT, THESE UNITS ARE HIGHLY SOUGHT AFTER AND COMMAND HIGH RENTS. EXCELLENT TENANT MIX OF YOUNG PROFESSIONALS AND COUPLES. EACH RESIDENTIAL UNIT HAS A DEDICATED PARKING SPOT + 1 ADDITIONAL SPOT FOR COMMERCIAL. THERE IS ALSO METERED VISITOR PARKING AT THE FRONT OF THE BUILDING. PROFESSIONALLY MANAGED AND PROPERTY MANAGER IS WILLING TO CONTINUE MANAGEMENT FOR NEW OWNER. THIS IS A TURNKEY INVESTMENT PROPERTY THAT WOULD BE A GREAT ADDITION TO ANY PORTFOLIO. **EXTRAS** RENOVATED TURN KEY RENTAL BUILDING. NO VACANCY. GREAT MONTHLY INCOME. GREAT TENANT PROFILES AND UNIT MIX. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 78 days on market, against an average age of 62 days across the listings currently for sale in this city
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.
This 6-bed multi-family in Mississauga (Port Credit) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $3,900,000, about 41.1× the local median household income of $95,000.
Carrying it typically needs a household income of about $761,807 (20% down, 25-yr amortization, stress-tested) — roughly 702% above the area median.
Source: Statistics Canada, 2021 Census (FSA L5G)
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Loading rates, 30-yr amortization
Cash Needed to Close
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