$2,149,000

Commercial For Sale In Port Credit, Mississauga, Ontario

$2,149,000

Property Information:

Prime Port Credit Investment Opportunity - High-Yield 6-Unit Mixed-Use Asset. Exceptional turn-key commercial-residential building in the heart of Port Credit offering 6 reliable income streams with upside. Financials: Gross ~$138,840/yr, Expenses ~$25,230/yr, NOI ~$113,610/yr. Features: 4 Residential Apartments (3 x 2-bed w/ balconies, 1 x 1-bed) + 2 high-traffic Commercial Retail Units. 100% owner-owned mechanicals, 6 separate meters, recent suite/store renovations, parking, 5 storage rooms, 3 lockers, and multi-entrance access. Location: Steps to Port Credit Harbour Marina, retail, GO Station, Hazel McCallion LRT, UTM, and Humber College. Financing: Vendor Take-Back (VTB) mortgage available for qualified buyers.**Location** Great INCOME PROPORTION. Two of The Most Important Criteria for Investment.

Inclusions: Washer, Dryer. (4) Fridge,(4) Stoves, A/C window Units, Electrical Fireplaces, HWT, Lockers

Exclusions : tenant stuff

Property Features:

  • Annual Tax Amount: $13,730
  • Business Type: Retail Store Related
  • Cooling: Partial
  • Floor Space (approx): 700 Square Feet
  • Garage Type: Outside/Surface
  • Heat Type: Gas Hot Water
  • Lot Depth: 109.16 Feet
  • Lot Frontage: 25.04 Feet
  • Property Use: Multi-Use
  • Security Features: No
  • Utilities: Available
  • Water: Municipal

Courtesy of: Royal LePage Terrequity Realty

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved