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.
MLS# | W9297884 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 134 |
Listing Provided By | KELLER WILLIAMS REAL ESTATE ASSOCIATES | Not Provided |
Bath(s) | 4 |
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SQ Feet | 4,700 |
State | ON |
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County | Peel |
City | Mississauga |
Zip Code | L5G 1G8 |
Area | Port Credit |
Listing VS Median (in L5G 1G8) | |
Price: $2,250,000 low | high Med: $1,154,000 SqFt: 4,700 low | high Med: 2,642 $ / SqFt: $479 low | high Med: $289 On Site: 134 low | high Med: 203.500000 |