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1162 Northmount Avenue, Mississauga, ON L5E 1X9

$849,900
: 5
BD
: 4
BA
: 700
SqFt

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List Price: $849,900
MLS#: W14025684
Status: ACTIVE
Type: Single Family Residential
SubType: Detached
Style: Bungalow
Bedrooms: 5
Bathrooms: 4
Living Area: 700-1100
Province: ON
Municipality: Mississauga
Area: Peel
Neighborhood: Lakeview
Subdivision: Northmount / Atwater

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Property Description

Calling all investors and first-time buyers! This fully tenanted three-unit property in Mississauga's sought-after Lakeview neighbourhood is a rare chance to own your home and have it pay you back. Live in one unit while the other two tenants help cover the mortgage, allowing you to enter the market for far less than the cost of renting. Prefer to invest? Current rents sit well below market, meaning there is big upside on cash flow and room for forced appreciation, including potential for an additional loft suite. House-hack it, hold it, or add value. It works for all three. It is minutes to Lakeshore Rd E, the Port Credit waterfront, the QEW and the transformative Lakeview Village waterfront community. Opportunities like this don't last.

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Additional Information

Taxes: $6,473
Heat Type: Radiant
Heat Source: Gas
Air Conditioning: Window Unit(s)
Family Room: Yes
Kitchens: 3
Exterior: Stucco (Plaster)
Garage Type: None
Pool: None
Parking Spaces: 5