$2,150,000Asking Price
Amazing investment opportunity in the heart of Port Credit! Incredible location just steps to the Lake and Waterfront Trails! 4 Residential Units plus 1 Commercial Unit. 3 of the residential units have been beautifully renovated 2019 to 2022. Roof 2019, Furnace 2017, AC in Commercial Unit 2022. Current Cap Rate is excellent at 4.8% with potential to rise to 5.4% with renovation of 4th unit. Great tenants, stable income flow. Lots of parking out back. All units are separately metered.
Amazing investment opportunity in the heart of Port Credit! Incredible location just steps to the Lake and Waterfront Trails! 4 Residential Units plus 1 Commercial Unit. 3 of the residential units have been beautifully renovated 2019 to 2022. Roof 2019, Furnace 2017, AC in Commercial Unit 2022. Current Cap Rate is excellent at 4.8% with potential to rise to 5.4% with renovation of 4th unit. Great tenants, stable income flow. Lots of parking out back. All units are separately metered.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
2 4-Piece Bathrooms on Upper | ||||
1 4-Piece Bathroom on Main Floor | ||||
1 4-Piece Bathroom on Lower |
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Port Credit, Mississauga is a west GTA neighbourhood notable for its singles, renters, executives, business and education, law & public sector professionals and salespeople. Residents tend to be older with a significant number of adults aged 30 to 44, 30 to 44, 30 to 44 and 30 to 44 and seniors aged 65 to 74.
Kids Per Family
0.8
kids per family
in the neighbourhood.
54%
of residents are
single and loving it.
54% singles
Mississauga (44%)
65%
of residents
are renters.
65% renters
Mississauga (29%)
40%
of residents are
university grads.
40% university grads
Mississauga (45%)Average Household Income
$112K
is the average household
income in the neighbourhood.
Professions
Sales | 16% |
Business | 13% |
Management | 9% |
Government | 8% |
Trades | 7% |
34%
of residents were
born outside of Canada.
34% immigrants
Mississauga (56%)4.0% from UK
All-time
0.7% from Egypt
Recent
Foreign Languages
Polish | 4% |
Arabic | 2% |
French | 2% |
Spanish | 2% |
Italian | 1% |
Religions
Christian | 65% |
Muslim | 4% |
Hindu | 2% |
Jewish | 1% |