For Lease · Multifamily

3 CARLIS PLACE, Mississauga (Port Credit)

3 CARLIS PLACE, Mississauga (Port Credit), ON L5G1A8

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA9 — High Rise

$ / SF

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Occupancy

99%

About this property

Experience exceptional waterfront living at 3 Carlis Place! Nestled along the shores of Lake Ontario, this spacious apartment offers breathtaking, unobstructed lake views from your oversized private balcony and expansive living room windows. Bright and inviting, the unit features generously sized principal rooms, hardwood flooring throughout, and an abundance of natural light, creating a warm and comfortable place to call home.Step outside to beautifully maintained waterfront grounds with direct access to the shoreline, where you can enjoy peaceful mornings, evening sunsets, and the tranquility of lakeside living. Situated in one of Mississauga's most desirable waterfront neighbourhoods, you're just minutes from Port Credit Village's vibrant restaurants, cafés, boutique shops, parks, marinas, and scenic waterfront trails. Commuters will appreciate the convenient access to the QEW, GO Transit, and downtown Toronto, offering the perfect balance of serenity and urban convenience. Port Credit is known for its walkable waterfront, marina, parks, and lively dining scene, making it one of the city's most sought-after communities.A rare opportunity to lease a truly unique waterfront residence where every day feels like a vacation. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

123,589

Households

58,322

Median income

$92,000

Median age

45.5

Daytime population

137,103

5-yr growth

7.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 3 CARLIS PLACE, Mississauga (Port Credit).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.