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
TypeCommercial Retail
Lot40.8 ft frontage
Size4,773 sqft
Taxes$34,268/yr
NeighbourhoodPort Credit
Randy MillerBroker of RecordUrban Avenue Realty Ltd.647-492-9229 · randy@urbanavenue.ca
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MLS® W13830054
· Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD. · October 8, 2026
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