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For saleMLS® W14102504

181 Lakeshore Road E, Mississauga, ON L5G 1G2

Port Credit · L5G 1G2

$2,775,000

$496 / sq ft

2 weeks on market

Bathrooms
5
Total area
5,600 sf
Lot
40 × 74 ft

What's special

  • Yes

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About this property

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 tanks.

Property details

Property

Property type
investment
Bathrooms
5
Interior size
5,600 sq ft
Lot size
40 × 74 ft
Zoning
C4 Commercial
Possession
TBD

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Costs

List price
$2,775,000
Property taxes
$22,561 / year (2026)
Price per sq ft
$496
Rental items
Two hot water tanks. Buyers must assume both hot water tank rental agreements

Listing

MLS® number
W14102504
Status
For sale
Listed
October 21, 2026
Days on market
15
Last updated
October 29, 2026
Listing brokerage
RIGHT AT HOME REALTY

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 50% of comparable multi-unit / investment listings in Mississauga are asking less.

$1.38MMedian $2.80M$5.63M
This home
$496 / sq ft
Comparable median
$595 / sq ft

Based on 8 comparable active multi-unit / investment listings in Mississauga. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $555,000
$555,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$12,274.76
Property tax (est.)
$1,880.10
Estimated monthly
$14,155

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$55,850
Total due on closing
$55,850

An estimate on the asking price of $2,775,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RIGHT AT HOME REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,775,000

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