181 Lakeshore Road E, Mississauga, ON L5G 1G2
Port Credit · L5G 1G2
$2,775,000
$496 / sq ft2 weeks on market
- Bathrooms
- 5
- Total area
- 5,600 sf
- Lot
- 40 × 74 ft
What's special
- Yes
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
TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.
Unlock sale history & sold priceFree. Takes about twenty seconds.
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.
- 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
- 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
Unlock nearby sold pricesFree. Takes about twenty seconds.