181 LAKESHORE ROAD E, Mississauga (Port Credit)
$2,775,000
For sale: Multiplex
- Property type
- Investment
- Bedrooms / bathrooms
- 5 bathrooms
- MLS®
- MLS® W14102504
- Neighbourhood
- Port Credit
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 heaters.
Sold data
Homes in Port Credit — recent sold market
Homes in Port Credit took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 63, across 38 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 63 days.
The median sale price was $1,199,500.
Homes sold for about 3.9% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 11% of sellers reduced their price before finding a buyer.
- Median days to sell
- 29
- Median sale price
- $1,199,500
- Sale-to-list ratio
- 96.1%
- Sold above asking
- 11%
Based on 38 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Mississauga (Port Credit)
Mississauga (Port Credit) has 131 Fraser Institute–rated schools (96 elementary and 35 secondary), averaging 6.8/10.
- Rated schools
- 131
- Elementary
- 96
- Secondary
- 35
- Average rating
- 6.8 / 10
Top-rated schools in Mississauga (Port Credit)
- AI-Manarat Heights — elementary, MississaugaFraser rating 10.0/10
- Kenollie — elementary, MississaugaFraser rating 10.0/10
- Khalsa Malton — elementary, MississaugaFraser rating 10.0/10
- Safa & Marwa Islamic — elementary, MississaugaFraser rating 10.0/10
- St Rose of Lima — elementary, MississaugaFraser rating 9.7/10
- Olive Grove — elementary, MississaugaFraser rating 9.5/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
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