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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 4.6% with potential to rise to 5.15% with renovation of 4th unit. Great tenants, stable income flow. Lots of parking out back. All Units separately metered.
City: Mississauga
Neighborhood: Port Credit
Purchase Price | $2350000 |
Down Payment | $470000 |
Mortgage Insurance | $0 |
Total Mortgage | $1880000 |
Mortgage Payment | $11585 |
Property Taxes | $1042 |
Maintenance Fees | $0 |
Monthly Payment | $12627 |
Located at 233 Lakeshore Rd E , this Mississauga house is available for sale. This property was listed for $2,350,000 on Thu Aug 01 2024. This house's size is 3500-5000 Sqft. It has 4 bedrooms and 4 bathrooms. The property includes the following rooms: . This property comes with 3 parking spots. 233 Lakeshore Rd E, Mississauga is situated in the Port Credit neighbourhood.
MLS#: W8081864 · $2,350,000 · 4 bedroom house in Port Credit, Mississauga