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$3,099,900 Sale
Listed 18 days ago
241-243 Lakeshore Road E
· 4
· 6
· 4
· 3500-5000
Listing History
Buy/Sell/Terminated/Expired listing history for 241-243 Lakeshore Road E
Key Facts
Key facts for 241-243 Lakeshore Road E
Property Type
Commercial, 2-Storey
Parking
None 0 garage, 4 parking
MLS #
W13830104
Size
3500-5000 sqft
Basement
Full,Unfinished
Listed on
2026-09-25
Lot size
41 x 109.16
Tax
$34,267.99 /yr
Days on Market
18
Approximate Age
-
Maintenance Fee
-
Description
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
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Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.