- Bedrooms
- 6+1
- Bathrooms
- 6
- Size
- 3,500–5,000sq ft
- Per sq ft
- $506at the range’s middle
- Lot
- 25.04 x 109.16 ft
- Tax a year
- $13,7312025 tax year
- Parking
- 3none
- Days on market
- Members
The brief
About 321 Lakeshore Rd
321 Lakeshore Rd is a 6+1-bedroom, 6-bathroom multiplex in Port Credit, Mississauga, listed for sale at an asking price of $2,149,000 (MLS® W13174166).
**Rare Opportunity to Own a High-Performing 6-Unit Trophy Asset in Port Credit with Diverse Monthly Cash Flows.** This investment guarantees diversified income, ensuring you're never at risk. It boasts a very high Net Operating Income (NOI). This property is not just a building; it's a high-yield investment in a location that rarely stays vacant. **Financial Overview:**~ Gross Income: ~$138,840/year, Expenses: ~$25,230/year,~NOI: ~$113,610/year. The building includes 4 residential apartments and 2 premium commercial units with high ceilings, situated on a bustling main street with significant foot traffic. The property features private lockers, 3 private parking spots, a skylight, and ample storage. The retail stores and the 2-bedroom apartment have recently undergone renovations. Current rents provide a solid baseline, but there is substantial potential for value addition. The property is low maintenance and has received numerous upgrades, including 6 separate hydro meters (protecting your bottom line), a new hot water tank, and updated electrical systems, all within a well-maintained building. Located in a high-growth corridor on one of the most famous streets in Mississauga, this area is thriving with luxury developments, making land value a "buy" dream. The property is just steps from the Port Credit Harbour Marina, the GO Station, and the city's vibrant nightlife. Its proximity to the future Hurontario LRT further enhances this "A-class" location for professionals commuting to Toronto, supported by a Walk Score of 89. Tenants are willing to pay a premium to live in this desirable neighborhood, and businesses compete for prime frontage. Port Credit is a premium waterfront neighborhood with limited supply, which creates strong demand for both residential and commercial spaces. **Financing Advantage:** Located in a "Class A" area. Vendor Take-Back (VTB): some mortgage available for qualified buyers.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall23/100−$4,049/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 5 homes with 7 bedrooms for lease in Mississauga right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $13,731 / 2025
- MLS® number
- W13174166
- Board
- TRREB MLS®
- Property Type
- Multiplex
- Days on market
- Size
- 3500-5000 sqft
- Lot Size
- 25.04 x 109.16 ft
- Listed on
- Parking
- None, 3 Parking
Property details
Property
- Property Type
- Multiplex
- Style
- 3-Storey
- Community
- Port Credit
- Municipality
- Mississauga
Building
- Size
- 3500-5000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 6+1
- Bathrooms
- 6
- Bathroom Details
- 2 × 4pc 3rd, 1 × 4pc 2nd, 2 × 2pc Main, 1 × 3pc Bsmt
- Basement Type
- Apartment
- Kitchens
- 3
Parking
- Driveway
- Available, Boulevard, Private
- Garage Type
- None
- Additional Parking
- 3
- Total Parking
- 3
Utilities
- Water
- Municipal
- Cooling
- Window Unit
- Heating Type
- Water
Land
- Sewer
- Sewers
- Frontage
- 25.04 ft
- Depth
- 109.16 ft
- Lot Size
- 25.04 x 109.16 ft
Additional
- Foundation
- Block
- Roof
- Flat
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Washer, Dryer. (4) Fridge,(4) Stoves, A/C window Units, Fireplaces, HWT, Lockers
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 321 Lakeshore Rd, Mississauga, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $2,149,000 | N/A | Sc | W13174166 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $429,800
- Total mortgage amount
- $1,719,200
- Total interest payment
- $1,222,300
- Total purchase cost
- $3,371,300
- Mortgage payment
- $9,805/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
53%Monthly carrying cost
$10,949- Rent $6,900
- Shortfall $4,049
Rental income opens at $6,900, the median asking rent of 5 comparable homes for lease in Mississauga. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $40,200
- Total land transfer tax
- $40,200
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $36,200
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $2,149,000
- $3,725
- Ontario total
- $40,200
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 2,733 sq ft254 m²
- Street frontage
- 25.04 ft7.6 m
- Depth
- 109.16 ft33.3 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Credit Valley Conservation’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m3 test or monitoring holes also recorded.250 m
Credit Valley Conservation · Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home2
- Nearest rail line: 400 m400 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Ontario Clean Water Agency — Arthur P. Kennedy Water Treatment Plant, 1.5 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, CIK Telecom. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Credit Valley Conservationor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under Credit Valley Conservation Open Data Licence v1.0.
The market
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Port Credit GO | GO Transit train: Lakeshore West | 1.2 km |
| Long Branch GO | GO Transit train: Lakeshore West | 4 km |
| Cooksville GO | GO Transit train: Milton | 4.6 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St. James Catholic Global Learning CentrDufferin-Peel CDSB | Catholic · grades JK–8 | 250 m | 89%Grade 6 average |
| Forest Avenue Public SchoolPeel DSB | Public · grades JK–6 | 750 m | 64%Grade 6 average |
| Mineola Public SchoolPeel DSB | Public · grades JK–6 · French Immersion | 800 m | 84%Grade 6 average |
| École élémentaire Micheline-Saint-CyrConseil scolaire Viamonde | French-language public · grades JK–6 | 4 km | 76%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Port Credit Secondary SchoolPeel DSB | Public · grades 9–12 | 1.1 km | 70%Grade 9 math |
| Cawthra Park Secondary SchoolPeel DSB | Public · grades 9–12 | 1.6 km | 65%Grade 9 math |
| St Paul Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 1.8 km | 72%Grade 9 math |
| T. L. Kennedy Secondary SchoolPeel DSB | Public · grades 9–12 | 4.3 km | 10%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Port Credit are shown to signed-in members.