$2,250,000

Investment For Sale In Port Credit, Mississauga, Ontario

$2,250,000

Property Information:

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. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Air Conditioning: Yes
  • Basement Type: N/A
  • Exterior Finish: Stucco, Stone
  • Foundation Type: Block
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: Wall unit
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4+1
  • Bathrooms: 4
  • Amenities Nearby: Marina, Park, Public Transit, Schools
  • Community Features: Community Centre
  • Irregular: Yes
  • Lot Depth: 109.0 Feet
  • Lot Frontage: 25.0 Feet
  • Lot Size: 25 x 109 FT
  • Zoning: C3
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 3

Courtesy of: KELLER WILLIAMS REAL ESTATE ASSOCIATES

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.