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

MLS® # W13830104
House For Sale In Port Credit, Mississauga, Ontario
$3,099,900 QuickQuoteTM: Not Available

4 Beds

6 Baths

241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
241-243 Lakeshore Road E, Mississauga, ON
  • Advertising
241-243 LAKESHORE ROAD E, Mississauga, Ontario, L5G 1G8
$3,099,900

4 Beds

6 Baths

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. The images for 241 Lakeshore Road East commercial space are not the current branding and colours (id:7525)

Building Features:

  • Style: Mixed
  • Building Type: Residential Commercial Mix
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Single Family
  • Half Bathrooms: 2
  • Amenities Nearby: Park, Public Transit, Schools
  • Irregular: Yes
  • Lot Depth: 109.1 Feet
  • Lot Frontage: 40.8 Feet
  • Lot Size: 40.77 x 109.16 FT
  • Zoning: C4- MAIN STREET COMMERCIAL
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

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

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

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$143,007.67

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.78 %

High school certificate or equivalent

30.16 %

Apprenticeship trade certificate/diploma

4.21 %

College/non-university certificate

21.91 %

University certificate (below bachelor)

2.17 %

University Degree

26.77 %

Commuter

Travel To Work

By Car

68.8 %

By Public Transit

17.27 %

By Walking

11.25 %

By Bicycle

0.0 %

By Other Methods

2.68 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

88.39 %

Houses

11.61 %

Own Vs. Rent