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$ 3,099,900
Est. payment | /mo
4 Beds
6 Baths
4,435 Sqft Lot
$ 3,099,900
Est. payment | /mo
4 Beds
6 Baths
4,435 Sqft Lot
Key Details
Property Type Single Family Home
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Port Credit
MLS Listing ID W13830104
Style 2-Storey
Bedrooms 4
Annual Tax Amount $34,267
Tax Year 2026
Lot Size 4,435 Sqft
Property Sub-Type Store W Apt/Office
Property Description
Two exceptional mixed-use investment opportunities located in Port Credit East. This well-maintained double-wide building offers 4700 sq ft of rentable area plus an additional 2300 sq ft of usable lower-level space. Current financial performance is strong, with a leveraged cap rate of over 7% with a 30% down payment and a 25 yr amortization period. 241 Lakeshore Road E. features a well-established restaurant tenant on the main floor, a tenanted 2-bedroom apartment, and 2 rear parking spaces. The second-floor apartment features 2 generously sized bedrooms, a spacious living area with walk-out to a private deck, a 4-piece bathroom, bright interiors, skylights, and private front and rear entrances. 243 Lakeshore Road E. features a tenanted main-floor commercial space and 2 one-bedroom apartments on the upper level, each offering bright interiors, well-sized bedrooms, large windows, and a 4-piece bathroom. Ideally located in vibrant Port Credit with excellent transit accessibility, strong pedestrian exposure, and established surrounding retail and services. An excellent investment opportunity for investors seeking an established property in a highly active area. The images for 241 Lakeshore Road East commercial space are not the current branding and colours
Location
Province ON
County Peel
Area Peel
Zoning C4- MAIN STREET COMMERCIAL
Rooms
Basement Full, Unfinished
Kitchen 3
Interior
Interior Features None
Cooling Central Air
Exterior
Parking Features None
Pool None
Roof Type Flat
Total Parking Spaces 4
Building
Foundation Concrete Block
Lited by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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