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181 LAKESHORE ROAD E, Mississauga (Port Credit) — listed at $2,775,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Welcome to 181 Lakeshore Rd East in the vibrant area of Port Credit in Mississauga. This great investment opportunity consists of 4 residential apartments, one 1 bedroom, one 2 bedroom (renovated in 2019), one 3 bedroom(renovated in 2019)and one bachelor apartment .All renovated apartments have new kitchens, bathrooms, appliances and flooring. The main floor/commercial unit is a Salon with approximately 850 square feet with additional usable space in the lower level. The common areas in the building were also renovated in 2019. All of the five units are fully leased and all tenants must be assumed by the buyers. The building is conveniently located with public transit, restaurants ,shopping, parks and Lake Ontario within walking distance. New roof in 2023, windows 2019, furnace 2019. Photos were taken when the renovations were completed in 2019. Tenants pay for their own hydro except for the bachelor apartment which is paid by the owner. Internet is included for all the residential units and paid by the owner. Salon tenant pays their own hydro. (id:60164)
What makes this a luxury property?+
At $2,775,000, standout features include 5600 sq ft, 5 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
Who is 181 LAKESHORE ROAD E best suited for?+
With null bedrooms and 5 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
What's the parking situation?+
This property includes 7 spaces.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is there air conditioning?+
Yes — fully air conditioned cooling is in place.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $22,561.16, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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