FULLY VACANT purpose-built multiplex featuring 8 units (5x 1bedrooms & 3x 2 bedrooms). Approx 6.1% cap rate with $1800 for 1 bedrooms and $1950 for 2 bedrooms for fully updated units. Building has been renovated top to bottom. Service for Separate hydro meters in place, 100 AMP service in each unit. Rent out to your desired tenants. Updated Plumbing (2024). Updated Electrical (2024). Laundry on site, 10 Parking spaces. Located in the heart of Port Credit, 5 minute walk to the lake, short distance to the GO Station and local amenities. SHOWING ALL UNITS : Saturday, November 14th from 12:00 PM - 2:00 PM by appointment only. Please confirm attendance. (id:4555)
PROPERTY SPECS
Price $2,200,000
City Mississauga, Ontario
Bed / Bath 11 / 8 Full
Address 314 Lakeshore Road
Listing ID W14163618
Style Other
Parking 8.00
Type Multi-Family
Status For Sale
Listing Brokerage: MYSAK REALTY INC.
EXTENDED FEATURES
OwnershipFreeholdViewsUnobstructed Water ViewBasementNoneHeating / CoolingNatural gas, OtherSewerSanitary sewerParking8.00