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181 Lakeshore Road E
homes for sale · Mississauga · Port Credit
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$2,775,000

181 Lakeshore Road E

Port Credit, Mississauga · MLS® W14102504

57

5,600 sq ft · House · Multi-family · 3 days on market

listed by RICHARD E GROSSO, RIGHT AT HOME REALTY

realtor's 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.

property details

type
House, Multi-family
bathrooms
5
living area
5,600 sq ft
parking
7
property tax
$22,561 / yr
days on market
3
MLS®
W14102504

features

  • Washer
  • Dishwasher
  • Dryer
  • Microwave

monthly cost

$13,971/mo
Mortgage $12,090 · Tax $1,880

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$12,090/ monthly
loan $2,220,000
25-year amortization
total interest
$1,407,123
cash to close
$555,000
down payment; transfer tax and fees not included
total paid
$3,627,123

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
RICHARD E GROSSO
RIGHT AT HOME REALTY
call RICHARD · 905-565-9200
Powered by: REALTOR.ca

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location

Port Credit, MississaugaGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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