For Sale · Multifamily

LOWER UNIT B - 314 LAKESHORE ROAD E, Mississauga (Port Credit)

LOWER UNIT B - 314 LAKESHORE ROAD E, Mississauga (Port Credit), ON L5G1H4

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA9 — High Rise

$ / SF

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Occupancy

88%

About this property

Welcome to Port Credit , a spacious, and beautifully updated Bachelor apartment / studio/spa in a quiet, boutique building in the heart of Port Credit.This spotlessly clean and well-maintained residence offers a private entrance, surface parking is available. Thoughtfully updated, it provides a peaceful and welcoming place to call home or have your own private work space. Ideal for a single professional or entrepreneur . (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

122,703

Households

46,196

Median income

$136,000

Median age

39.5

Daytime population

121,822

5-yr growth

1.9%

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

Secure deal room

Confidential diligence documents for LOWER UNIT B - 314 LAKESHORE ROAD E, 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.