$1,420,000
112 Waterside Drive
Port Credit, Mississauga
Condo Townhouse
MLS® W13737410 · SOTHEBY'S INTERNATIONAL REALTY CANADA
1 / 31$1,749,000
Port Credit, Mississauga, ON
4
Bedrooms
3
Bathrooms
2000-2500
Sq Ft
8
Parking
A rare opportunity to acquire either a well-maintained, income-producing triplex or a permit ready two 23-foot semi-detached lots to build 6 units, subject to buyer verification and approvals. The permit ready semi-detached homes will include approximately 3050sq ft of finished above-grade living space including a detached garden suite, and a fully self-contained lower-level two-bedroom apartment of approximately 1,325 sq.ft. The property currently contains a well-maintained triplex generating approximately $7,000 per month in rental income, comprised of three units at approximately $2,500, $2,500, and $2,000. All tenancies are market-rate and month-to-month, providing valuable interim income while planning or advancing future redevelopment. Ideally located just steps to the lake and the Brightwater community, the property offers walkable access to Port Credit Village amenities including shops, restaurants, cafes, Farm Boy, LCBO, pharmacy, medical offices, and convenient highway access to downtown Toronto.43 Broadview and 19 Broadview are listed concurrently, presenting a unique opportunity for builders or investors to control adjacent properties and pursue a coordinated redevelopment of up to 12 total units, subject to municipal approvals. A proposed Montbeck-built configuration supports strong rental upside, with estimated rents of approximately $5,000/month for the upper residence, $3,000/month for the lower-level suite, and $3,000/month for the detached garden suite, totaling approximately $11,000/month per semi when fully leased. End users may occupy the primary residence while generating approximately $6,000/month from secondary suites to offset carrying costs. Rental figures are illustrative only. Buyers to verify zoning, approvals, measurements, severance status, and development potential to their own satisfaction.
No obligation
Talk through your goals, timeline and next steps with Stephen Rochester — buying, selling, investing or a specific property.
Listing data is provided through our authorized MLS® feed and is deemed reliable but not guaranteed. Information is refreshed regularly and may change without notice — contact Stephen to confirm current availability.
Powered by REALTOR.ca — MLS®, REALTOR® and associated logos are trademarks owned by The Canadian Real Estate Association (CREA), identifying real estate professionals who are members of CREA.
$1,420,000
Port Credit, Mississauga
Condo Townhouse
MLS® W13737410 · SOTHEBY'S INTERNATIONAL REALTY CANADA
$1,849,000
Central Erin Mills, Mississauga
Detached
MLS® W13736966 · ROYAL LEPAGE SUPREME REALTY
$1,399,900
Central Erin Mills, Mississauga
Detached
MLS® W13736672 · RE/MAX ESCARPMENT REALTY INC.