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321 Lakeshore Road E, Mississauga, ON L5G 1H3
Mississauga, ON L5G 1H3
Quick cost estimateKnown monthly subtotal$11,143.17 / monthLand transfer tax $39,455One-time estimate
Quick cost estimate
$11,143.17 / monthKnown monthly subtotal
- Mortgage principal & interest
- $9,998.95
- Property tax / month
- $1,144.21
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $39,455
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.
- Ontario tax
- $39,455
- Toronto municipal tax
- $0
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
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About this home
**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.
Home details
- Days on market
- Not reported
- Property type
- Multiplex
- MLS® number
- W13174166
- Source status
- New
- Bedrooms
- 7
- Bathrooms
- 6
- Postal code
- L5G 1H3
- Kitchens
- 4
- Kitchens above grade
- 3
- Kitchens below grade
- 1
- Family room / den
- Yes
- Interior size (reported range)
- 3500-5000 (units not reported)
- Lot depth
- 109.16 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- 3
- Occupancy
- Tenant
- Possession type
- Immediate
- Garage
- None
- Annual property tax
- 13730.57
- Basement
- Apartment, Finished, Finished with Walk-Out, Separate Entrance, Walk-Up
- Interior features
- Carpet Free, Countertop Range, Separate Hydro Meter, Storage Area Lockers, Water Heater Owned, Water Meter
- Architectural style
- 3-Storey
- Parking features
- Available, Boulevard, Private
- Pool features
- None
- Fireplace
- Yes
- Waterfront
- No
- Elevator
- No
- Garage available
- No
- Heating system
- Water
- Heating fuel
- Electric
- Cooling
- Window Unit(s)
- Sewer
- Sewer
- Direction facing
- South
- Construction materials
- Brick
- Roof
- Flat
- Foundation
- Block
- MLS entry age (not confirmed DOM)
- 166 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Sewer
- Sewer
- Heating system
- Water
- Heating fuel
- Electric
- Cooling
- Window Unit(s)
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
Loading source-reported room dimensions…
Converted measurements are approximate. Levels and dimensions are shown only when supplied.
- Bedrooms above grade
- 6
- Bedrooms below grade
- 1
- Rooms above grade
- 15
- Den / family room reported
- Yes
Reported counts are shown independently. Room dimensions have not been inferred from these counts.
Ask the listing brokerage for floor plans and measured room layouts.
Listing dates & price record
- Asking amount
- $2,149,000
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
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Estimate monthly costs
Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.
Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Map and neighbourhood
- Region / county
- PEEL
- Municipality
- MISSISSAUGA
- MLS® community
- Port Credit
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Around this property
Schools, transit & everyday places
Published local sources. Distances are approximate straight-line distances, not walking routes.
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Nearby schools
No nearby schools were returned by the current Ontario school dataset for this property. School ratings and attendance boundaries are not included.
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Transit near this property
No current nearby stops were returned by the installed TTC, GO Transit and UP Express datasets. Coverage and service dates vary; distances and travel times are not inferred.
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Nearby shops & amenities
No nearby places were returned by the current OpenStreetMap snapshot. Coverage is regional and may be incomplete; verify business details before visiting.
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Similar homes for sale in Port Credit, Mississauga, Peel, Ontario
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
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Are the measurements and features independently verified?
Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
What do nearby school, transit and shop results mean?
They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.
Can I see sold prices for nearby properties?
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How should I use the monthly cost estimate?
It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.
Home and neighbourhood overview
321 Lakeshore Road E, Mississauga, ON L5G 1H3, Mississauga is listed for sale as a Multiplex. The listing reports 7 bedrooms, 6 bathrooms, reported interior area of 3500-5000 (units not reported), kitchens reported as 4, parking spaces reported as 3. Asking price: $2,149,000. Occupancy is reported as Tenant. Review the Home details, room measurements and utility sections below to compare reported specifications; confirm important details with the listing brokerage. MLS® W13174166.
Local context
Explore the area: Peel · Port Credit.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: ROYAL LEPAGE TERREQUITY REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® W13174166. Information deemed reliable but not guaranteed.