For sale

I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.

Mississauga · Peel Region · Port Credit

241-243 Lakeshore Road E

Store W Apt/Office

MLS® #W13830104

Listed for$3,099,9002 days on market

4 bed 6 bath 4 parking 3500-5000 sq ft~$729/sq ft

New this week
8 schools within 1 km
Transit stop ~80 m

Free · about 10 seconds

Is $3,099,900 a fair price?

See AskEmma’s read of this asking price against recent comparable sales — how far above or below, and the range they sold in.

No obligation · unsubscribe anytime

Est. all-in monthly~$17,279/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

Loading map…

This home below comps above in lineOpen full map →

8 schools within ~1 km · nearest transit stop ~0.08 km

Property information

What house buyers ask first

Lot size: 40.77 × 109.16 ft
Square footage: 3500-5000 sq ft
Property tax: $34,268 / yr
Parking: 4 spaces · None
Basement: Full, Unfinished

Property summary

Property type: Store W Apt/Office
Style: 2-Storey
Lot size: 40.77 × 109.16 ft
Parking: 4 spaces · None
Heating: Forced Air
Air conditioning: Central Air
Basement: Full, Unfinished
Kitchens: 3
Exterior: Brick
Property tax: $34,268 / yr
MLS®: W13830104

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Condo Apartment

$424,900

Below recent sales

28 Ann Street, Unit 209

1 bed · 1 bath·700-799 sq ft·$609/mo fee

Mississauga · Peel Region

Listed 5 days ago · Rock Star Real Estate Inc., Brokerage

Semi-Detached

$1,899,850

Above recent sales

7B Iroquois Avenue

4 bed · 4 bath·2000-2500 sq ft·3 parking

Mississauga · Peel Region

Listed 2 days ago · RE/MAX Realty Enterprises Inc.

Detached

$4,999,000

Above recent sales

54 Cumberland Drive

4 bed · 3 bath·2500-3000 sq ft·7 parking

Mississauga · Peel Region

Listed 4 days ago · RE/MAX Escarpment Realty Inc.

Condo Townhouse

$1,180,000

Above recent sales

130 Park Street E, Unit 15

3+1 bed · 4 bath·2000-2249 sq ft·3 parking·$625/mo fee

Mississauga · Peel Region

Listed 3 days ago · Homelife Landmark Realty Inc.

Detached

$1,259,800

Above recent sales

161 Angelene Street

3+1 bed · 3 bath·1100-1500 sq ft·8 parking

Mississauga · Peel Region

Listed 5 days ago · RE/MAX Realty Enterprises Inc.

Detached

$749,900

253 Eaglewood Boulevard

2 bed · 3 bath·700-1100 sq ft·2 parking

Mississauga · Peel Region

Listed 5 days ago · RE/MAX Escarpment Realty Inc.

The numbers that matter

Property tax: $34,268/yr
Est. all-in: ~$17,279/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

Mentor CollegePrivate · Elementary & Secondary · ..0.2 km
C.E. AcademyPrivate · Elementary & Secondary · ..0.4 km
Mentor College Primary CampusPrivate · Elementary & Secondary · ..0.4 km
Forest Avenue Public SchoolPublic · Elementary · Peel DSB0.5 km
St. James Catholic Global Learning CentrCatholic · Elementary & Secondary · Dufferin-Peel CDSB0.6 km
Mineola Public SchoolPublic · Elementary · Peel DSB0.7 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Lakeshore Road At Cumberland DriveNearest transit · Bus stop~80 m
Kipling Station North Parking LotNearest subway · Subway~9.2 km
Port CreditNearest GO / rail · GO / regional rail~890 m

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Mississauga

$868KMedian sold

32Median days on market

97.2%Sale-to-list

Median sold price · Mississauga1-yr -3% · 3-yr —

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Mississauga

717,961Population (2021)

40.8Median age

$102,000Median household income

70.4%Home owners

29.6%Renters

2.9Avg household size

Source: Statistics Canada, 2021 Census

Description & details

Two exceptional mixed-use investment opportunities located in Port Credit East. This well-maintained double-wide building offers 4700 sq ft of rentable area plus an additional 2300 sq ft of usable lower-level space. Current financial performance is strong, with a leveraged cap rate of over 7% with a 30% down payment and a 25 yr amortization period. 241 Lakeshore Road E. features a well-established restaurant tenant on the main floor, a tenanted 2-bedroom apartment, and 2 rear parking spaces. The second-floor apartment features 2 generously sized bedrooms, a spacious living area with walk-out to a private deck, a 4-piece bathroom, bright interiors, skylights, and private front and rear entrances. 243 Lakeshore Road E. features a tenanted main-floor commercial space and 2 one-bedroom apartments on the upper level, each offering bright interiors, well-sized bedrooms, large windows, and a 4-piece bathroom. Ideally located in vibrant Port Credit with excellent transit accessibility, strong pedestrian exposure, and established surrounding retail and services. An excellent investment opportunity for investors seeking an established property in a highly active area. The images for 241 Lakeshore Road East commercial space are not the current branding and colours

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.