233 Lakeshore Road East, Mississauga | Image 1

233 Lakeshore Road East

Mississauga, Port Credit

  • Commercial

$2,250,000
For Sale

Added 3 months ago

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  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: C3

  • Age: No Data

  • Taxes: 12504

  • MLS®#: W9297884

  • Days on Site: 72 Days

  • Added: Sep 03, 2024 (3 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: KELLER WILLIAMS REAL ESTATE ASSOCIATES

Amazing investment opportunity in the heart of Port Credit! Incredible location just steps to the Lake and Waterfront Trails! 4 Residential Units plus 1 Commercial Unit. 3 of the residential units have been beautifully renovated 2019 to 2022.Roof 2019, Furnace 2017, AC in Commercial Unit2022. Current Cap Rate is excellent at 4.8% with potential to rise to 5.4% with renovation of 4th unit. Great tenants, stable income flow. Lots of parking out back. All Units separately metered.

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Area: Mississauga

  • Community: Port Credit

  • Availability Date: Flexible

Inside

  • Bathrooms: 4

  • Air Conditioning: Y

  • Washrooms: 4

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Hot Water

  • Elevator: None

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 3

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 122 PL H21 PORT CREDIT AS IN VS21932 CITY OF MISSISSAUGA

  • Taxes: $12,504

  • Taxes Type: Annual

Land

  • Cross Street: Lakeshore Rd E & Cum

  • Municipality District: Mississauga

  • Lot Depth: 109 Feet

  • Lot Frontage: 25 Feet

  • Zoning: C3

Commercial Specific

  • Retail Area: 1500

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 4700

  • Total Area Metric: Sq Ft

  • Office Size: 3200

  • Office Size Metric: Sq Ft

  • Lot Code: Lot

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Car-Dependent

  • Most errands require a car.
46 /100

Good Transit

  • Some errands can be accomplished by public transportation.
55 /100

Bikeable

  • Some errands can be accomplished on bike.
54 /100
JK-6

Forest Avenue Public School

Elementary: Public
0.41 km
JK-8

St. James Catholic Global Learning Centr

Elementary: Catholic
0.61 km
JK-8

Riverside Public School

Elementary: Public
1.44 km
JK-8

St Dominic Separate School

Elementary: Catholic
1.59 km
JK-6

Mineola Public School

Elementary: Public
0.74 km
JK-5

Janet I. McDougald Public School

Elementary: Public
1.50 km
9-12

Peel Alternative South

Secondary: Public
3.08 km
9-12

Peel Alternative South ISR

Secondary: Public
3.08 km
9-12

St Paul Secondary School

Secondary: Catholic
2.09 km
9-12

Gordon Graydon Memorial Secondary School

Secondary: Public
3.01 km
9-12

Port Credit Secondary School

Secondary: Public
0.99 km
9-12

Cawthra Park Secondary School

Secondary: Public
1.93 km
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