Investment · For sale

181 Lakeshore Road E, Mississauga

$2,775,000

Listing brokerage: RIGHT AT HOME REALTY · MLS® W14102504

Listing brokerage

RIGHT AT HOME REALTY

Type

Investment

Deal

For sale

Category

Commercial · Investment and multi-residential

Size

5,600 sq ft

Lot

40 x 74 ft

Area

Port Credit

MLS® number

W14102504

Description

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. Buyers must assume rental contracts for both hot water tanks.