Property Description for 233 LAKESHORE ROAD E
Amazing investment opportunity in the heart of Port Credit! Incredible location just steps to the Lake and Waterfront Trails! 4 Residential Units plus 1 Commercial Unit. 3 of the residential units have been beautifully renovated 2019 to 2022. Roof 2019, Furnace 2017, AC in Commercial Unit 2022. Current Cap Rate is excellent at 4.6% with potential to rise to 5.15% with renovation of 4th unit. Great tenants, stable income flow. Lots of parking out back. All Units separately metered. (id:38686)
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Property Details
Property Tax
: $12,504MLS® #
: W8081864
Home Features
Property Type
: MultiFamily
Interior Features
Heating
: Radiant heat, Natural gasBasement
: Apartment in basement, N/A
Utilities
Sewer
: Sanitary sewer
Other
Exterior Features
: Stone, Stucco
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