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Est. payment | /mo
3,800 SqFt
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Est. payment | /mo
3,800 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,800 sqft
Subdivision Port Credit
MLS Listing ID W13174128
Annual Tax Amount $13,730
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
**Location** Great INCOME PROPORTION. Two of The Most Important Criteria for Investment. This Amazing 6-Plex Offers the Best Cap Rates in the area, with Six Steady Income Streams Each Month. It Features 3 >2-Bed. Apartments (with balconies) + 1 >1-Bed. Apartment + 2 Commercial Stores & High Ceilings & Big Front Windows, Facing in a High-Foot Traffic Frontage. Many Upgrades to the Building. Recently Renovated one of the 2-Bed. Apartments and Commercial Stores. Newer Owned HWT, Updated Electrical System and Electrical Panel, and 6 separate Hydro Meters for each unit and plenty of storage space. Strong Existing Income with Potential to Generate Much More Revenue. It Includes 3 Parking Spaces, 4 Private Lockers in the Basement, and Multiple Entrances. ***Investing in this 6-plex using CMHC MLI Select is a high-leverage strategy that can significantly increase your cash-on-cash return by minimizing upfront equity and maximizing monthly cash flow. As of May 2026, this program remains a primary tool for Canadian multifamily investors to access 95% Loan-to-Value (LTV) and 50-year amortizations. This Location Features Excellent Walkability, Steps from the Port Credit Harbour Marina, Shops, European cafés , and Grocery Stores Nearby, Along with Easy Access to the GO Station for Convenient Downtown Travel & the new Hazel McCallion LRT line at Port Credit GO, Minutes from Humber College, UTM, and Private Schools, making it an Incredible Investment in a Desirable Lakeside Community with Strong Transit Connections, Timing, and Wealth Generation.
Location
Province ON
County Peel
Area Peel
Zoning Residential/Commercial C3
Interior
Cooling Partial
Inclusions Washer, Dryer. (4) Fridge, (4) Stoves, A/C window Units, Electrical Fireplaces, HWT, Lockers
Exterior
Utilities Available Available
Lot Frontage 25.04
Lot Depth 109.16
Others
Security Features No
ParcelsYN No
Listed by ROYAL LEPAGE TERREQUITY REALTY
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