Business For Sale · Multifamily

1199 & 1201 LAKESHORE ROAD E, Mississauga (Lakeview)

1199 & 1201 LAKESHORE ROAD E, Mississauga (Lakeview), ON L5E1G1

$1.3M total

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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

83%

About this property

An exceptional investment opportunity in one of Mississauga's most desirable and rapidly evolving corridors. Offered together, 1199 & 1201 Lakeshore Road East present outstanding potential for investors, developers, and land bankers alike. Currently configured as a fully rentable duplex, the property provides immediate income while offering exciting future possibilities.Ideally positioned on highly desirable Lakeshore Road East, this property presents excellent land assembly potential (subject to all required approvals), making it an attractive opportunity to secure a strategic holding in a high-growth location. Surrounded by established neighbourhoods, amenities, transit, and major transportation routes, the site benefits from exceptional accessibility and long-term redevelopment potential.Whether you're seeking a stable income-producing asset, a future development opportunity, or a strategic addition to your investment portfolio, this is a rare chance to acquire a prime piece of Mississauga real estate with significant upside. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.30M
Down payment30% · $390K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$36K

Annual cash flow

$-36K

Cash-on-cash

-9.28%

DSCR

0.50

Going-in cap

2.76%

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

112,626

Households

39,964

Median income

$122,500

Median age

36.1

Daytime population

112,752

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for 1199 & 1201 LAKESHORE ROAD E, Mississauga (Lakeview).

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.