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
Address 314 Lakeshore Road Unit# 8
Listing ID W14163614
Square Footage 5900
Style Multi-Family
Type Multi-Family
Status For Sale
Listing Brokerage: MYSAK REALTY INC.
EXTENDED FEATURES
OwnershipFreeholdHeating / CoolingHot water radiator heat, Natural gas