Description
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. OPEN HOUSE : Saturday, November 14th from 12:00 PM - 2:00 PM.
Features
- Facing: South

- Bedrooms: 11

- Bathrooms: 8

- Garages:

- Kitchens: 8

Details
- Lot size: 50.60 x 90.09 Feet

- Space: 5000 +

- Tax: $ 12975.00

- W14163618

- Listing contracted with: MYSAK REALTY INC.
| Bathroom | Pieces | Level | |
|---|---|---|---|
| 8xBaths | 3 pcs |
Property Summary
Located close to the intersection of Lakeshore Rd W & Mississauga R, 314 Lakeshore Rd W is a 11 bedrooms 8 washrooms Multiplex. The property has many nice features including Water Heater and Intercom. .Home Market Analysis
For Lease
Rent levels have decreased 4.6% compared with the same period last year.
How This Home Compares
Local Area Profile
This property is located in an area with a significant rental housing presence with a strong concentration of apartment and condominium housing. Approximately 41% of residents hold a bachelor's degree or higher, while about 33% have a college credential. The large majority of local commuters travel by car.
School Information
Elementary Schools
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Riverside PS (Grade: JK-8)Home SchoolRank: 808 out of 3022 (Score: 7.1)Distance to school: 0.7 km (~13 min walk)
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Riverside PS (Grade: 1-5)
French Immersion school
Rank: 808 out of 3022 (Score: 7.1)Distance to school: 0.7 km (~13 min walk) -
Tomken Road Middle (Grade: 6-8)SciTech program
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Allan A Martin Sr. (Grade: 6-8)International Business & Technology programDistance to school: 4.9 km (~15 min drive)
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Hillcrest MS (Grade: 6-8)
French Immersion school
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Queen Elizabeth Sr. (Grade: 7-8)
Arts program
Rank: 1934 out of 3022 (Score: 5.5)Distance to school: 73.1 km (~219 min drive) Secondary Schools
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Port Credit SS (Grade: 10-12)Home SchoolRank: 153/746 (Score: 7.4)Distance to school: 2.1 km (~6 min drive)
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Lorne Park SS (Grade: 9-12)Home SchoolRank: 112/746 (Score: 7.8)Distance to school: 2.9 km (~9 min drive)
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Clarkson SS (Grade: 9-12)
French Immersion school
Rank: 489/746 (Score: 5.4)Distance to school: 6.1 km (~18 min drive) -
Glenforest SS (Grade: 9-12)
IB program
Rank: 187/746 (Score: 7.2)Distance to school: 9.2 km (~28 min drive) -
Meadowvale SS (Grade: 9-12)International Business & Technology programRank: 219/746 (Score: 7.0)Distance to school: 14.0 km (~42 min drive)
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Port Credit SS (Grade: 9-12)SciTech programRank: 153/746 (Score: 7.4)Distance to school: 2.1 km (~6 min drive)
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Lorne Park SS (Grade: 9-12)
Extended French school
Rank: 112/746 (Score: 7.8)Distance to school: 2.9 km (~9 min drive) -
Cawthra Park SS (Grade: 9-12)
Arts program
Rank: 187/746 (Score: 7.2)Distance to school: 3.9 km (~12 min drive) -
John Fraser SS (Grade: 9-12)
AP program
Rank: 20/746 (Score: 9.0)Distance to school: 10.0 km (~30 min drive)







































