For saleMLS® W14163618

314 Lakeshore Road W, Mississauga, ON L5H 1G8

Port Credit, Mississauga · Near Lakeshore Rd W & Mississauga Rd S · View map

$2,200,000
11Beds
8Baths
5000 +Sq ft
MultiplexType
8 totalParking
$12,975/yrTaxes
$2,200,000
FreeholdNo monthly condo fee
Parking for 8Comes with the home
Lot 50.6 x 90.1 ftThe land comes with the home

About this home

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.

The home

Type
Multiplex
Style
3-Storey
Square footage
5000 + sq ft
Bedrooms
11
Bathrooms
8
Kitchens
8
Rooms
27
Basement
None
Lot size
50.6 x 90.1 ft
Faces
South

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Concrete

Heating & cooling

Heating fuel
Gas
Fireplace
No

Garage & parking

Driveway spaces
8
Total parking
8

Taxes & other

Property taxes
$12,975/yr
Tax year
2026
Occupancy
Vacant
Possession
Immediate
Cross street
Lakeshore Rd W & Mississauga Rd S
Neighbourhood
Port Credit

More

MLS® number
W14163618

The home and its surroundings

  • Intercom
  • Water Heater
Want to know something that isn’t listed?
Estimated monthly cost$9,955per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    314 Lakeshore Road, Mississauga, ON L5H 1G8

    Port Credit, Mississauga · Near Lakeshore Rd W & Mississauga Rd S

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    Sold history

    Listing history for 314 Lakeshore Road

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 314 Lakeshore Road W

    Answers come straight from this home’s MLS® listing.

    How much is 314 Lakeshore Road W listed for, and what would it cost each month?

    314 Lakeshore Road W is listed for $2,200,000. With 20% down ($440,000), the mortgage payment would be roughly $8,874 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $9,955 a month, all in. That figure is an illustration, not a quote.

    Is 314 Lakeshore Road W freehold or a condo, and is there a monthly fee?

    314 Lakeshore Road W is a multiplex in Port Credit, Mississauga. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 314 Lakeshore Road W have?

    314 Lakeshore Road W has 11 bedrooms and 8 bathrooms. The listing gives the style as 3-storey.

    Does 314 Lakeshore Road W have a garage and parking?

    The listing does not show a garage. The driveway adds 8 spaces. In total the listing counts 8 parking spaces.

    Does 314 Lakeshore Road W have a finished basement?

    No. The listing shows no basement for this home.

    What style of home is 314 Lakeshore Road W?

    314 Lakeshore Road W is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.

    How big is 314 Lakeshore Road W, and what is the lot size?

    The lot is listed as 50.6 x 90.1 ft.

    How is 314 Lakeshore Road W heated and cooled?

    Heating is (gas). The listing does not show air conditioning.

    What are the property taxes for 314 Lakeshore Road W?

    Property taxes are $12,975 a year (2026), or about $1,081 a month.

    Where is 314 Lakeshore Road W?

    314 Lakeshore Road W is in the Port Credit community of Mississauga. The nearest main intersection is Lakeshore Rd W & Mississauga Rd S. The postal code is L5H 1G8.

    Is 314 Lakeshore Road W still for sale?

    Yes. It is an active listing (MLS® W14163618). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 314 Lakeshore Road W asking?

    Similar properties for sale nearby right now include 314 Lakeshore Road W at $2,200,000, 321 Lakeshore Road E at $2,149,000 (6+1 bed) and 24 Oakwood Avenue N at $1,799,000 (6+3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 314 Lakeshore Road sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 314 Lakeshore Road W?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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