43.5617° N · 79.5746° W — Port Credit, Mississauga — MLS® #W13174166
321 Lakeshore Rd
$2,149,000
Port Credit, Mississauga, Ontario L5G 1H3
- 6+1
- BedroomsBeds
- 6
- BathroomsBaths
- 3500-5000 sqft3500-5000
- SizeSq ft
- 25.04 x 109.16 ft
- Lot sizeLot
Inquire about this listing
In short · from the listing record
321 Lakeshore Rd is a 6+1-bedroom, 6-bathroom multiplex in Port Credit, Mississauga, listed for sale at an asking price of $2,149,000 (MLS® W13174166).
**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.
Listing readings
How it measures up
Scores from the listing record and the market around it.
73Good
Condition score
1 documented update signal
Listing age, structured features and disclosed update language; not an inspection.
23Shortfall
Cash flow quality
−$4,049/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 5 homes with 7 bedrooms for lease in Mississauga right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $13,731 / 2025
- MLS® number
- W13174166
- Board
- TRREB MLS®
- Property Type
- Multiplex
- Time on market
- Size
- 3500-5000 sqft
- Lot Size
- 25.04 x 109.16 ft
- Listed on
- Parking
- None, 3 Parking
Listing history
Listing activity for 321 Lakeshore Rd, Mississauga, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $2,149,000 | N/A | Sc | W13174166 |
Inside
Room by room
Property
- Property Type
- Multiplex
- Style
- 3-Storey
- Community
- Port Credit
- Municipality
- Mississauga
Building
- Size
- 3500-5000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 6+1
- Bathrooms
- 6
- Bathroom Details
- 2 × 4pc 3rd, 1 × 4pc 2nd, 2 × 2pc Main, 1 × 3pc Bsmt
- Basement Type
- Apartment
- Kitchens
- 3
Parking
- Driveway
- Available, Boulevard, Private
- Garage Type
- None
- Additional Parking
- 3
- Total Parking
- 3
Utilities
- Water
- Municipal
- Cooling
- Window Unit
- Heating Type
- Water
Land
- Sewer
- Sewers
- Frontage
- 25.04 ft
- Depth
- 109.16 ft
- Lot Size
- 25.04 x 109.16 ft
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Port Credit GO | GO Transit train: Lakeshore West | 1.2 km |
| Long Branch GO | GO Transit train: Lakeshore West | 4 km |
| Cooksville GO | GO Transit train: Milton | 4.6 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- ca regulatedNone in rangeNot in Credit Valley Conservation’s mapped regulated area
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- railOn recordNearest rail line: 400 m
- trailOn recordA trail on the Ontario trail network within 1 km
- water wellsNone in rangeNo water-supply well recorded within 250 m 3 test or monitoring holes also recorded.
- npriNone in rangeNo facility within 1 km reports pollutant releases to Environment Canada The nearest is Ontario Clean Water Agency — Arthur P. Kennedy Water Treatment Plant, 1.5 km away. Only facilities above the inventory’s reporting thresholds are listed.
- fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
- electricityOn recordElectricity is distributed here by Alectra Utilities Corporation
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at this location Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Bell, CIK Telecom. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Credit Valley Conservation or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under Credit Valley Conservation Open Data Licence v1.0.
Lot
- Lot area
- 2,733 sq ft254 m²
- Street frontage
- 25.04 ft7.6 m
- Depth
- 109.16 ft33.3 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land transfer tax on this home
- Ontario land transfer tax
- $40,200
- Total land transfer tax
- $40,200
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $36,200
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $2,149,000
- $3,725
- Ontario total
- $40,200
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- St. James Catholic Global Learning CentrDufferin-Peel CDSBCatholic · grades JK–889%Grade 6 average250 m
- Forest Avenue Public SchoolPeel DSBPublic · grades JK–664%Grade 6 average750 m
- Mineola Public SchoolPeel DSBPublic · grades JK–6 · French Immersion84%Grade 6 average800 m
- École élémentaire Micheline-Saint-CyrConseil scolaire ViamondeFrench-language public · grades JK–676%Grade 6 average4 km
SecondaryGrade 9 math 2024–25
- Port Credit Secondary SchoolPeel DSBPublic · grades 9–1270%Grade 9 math1.1 km
- Cawthra Park Secondary SchoolPeel DSBPublic · grades 9–1265%Grade 9 math1.6 km
- St Paul Secondary SchoolDufferin-Peel CDSBCatholic · grades 9–1272%Grade 9 math1.8 km
- T. L. Kennedy Secondary SchoolPeel DSBPublic · grades 9–1210%Grade 9 math4.3 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$10,949
- Mortgage$9,805
- Property tax$1,144
A planning figure, not a quote.
Land transfer tax
$40,200
$36,200 for first-time buyers.
Rent, similar homes
$6,900
a month, median asking rent of 5 similar homes in Mississauga.
Community
Who lives around it
Similar homes
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Shemeer AhmadVALERY REAL ESTATE INC.
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