241-243 LAKESHORE ROAD E, Mississauga, Ontario, L5G 1G8

MLS® # W13830054

Commercial For Sale In Port Credit, Mississauga, Ontario

$3,099,900

None Beds

Details
Map
Demographics
Street View
Get Directions

241-243 Lakeshore Road E, Mississauga, ON

Advertising

241-243 LAKESHORE ROAD E, Mississauga, Ontario, L5G 1G8

$3,099,900

Property Information:

Two exceptional mixed-use investment opportunities located in Port Credit East. This well-maintained double-wide building offers 4700 sq ft of rentable area plus an additional 2300 sq ft of usable lower-level space. Current financial performance is strong, with a leveraged cap rate of over 7% with a 30% down payment and a 25 yr amortization period. 241 Lakeshore Road E. features a well-established restaurant tenant on the main floor, a tenanted 2-bedroom apartment, and 2 rear parking spaces. The second-floor apartment features 2 generously sized bedrooms, a spacious living area with walk-out to a private deck, a 4-piece bathroom, bright interiors, skylights, and private front and rear entrances. 243 Lakeshore Road E. features a tenanted main-floor commercial space and 2 one-bedroom apartments on the upper level, each offering bright interiors, well-sized bedrooms, large windows, and a 4-piece bathroom. Ideally located in vibrant Port Credit with excellent transit accessibility, strong pedestrian exposure, and established surrounding retail and services. An excellent investment opportunity for investors seeking an established property in a highly active area. Images for 241 Lakeshore Rd. E. are not the current branding and colours (id:7525)