69 High Street
Port Credit, Mississauga, L5H 1K1
FOR SALE
$1,699,000

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4 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS10 + 5
ROOMSW13562216
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Property Description
Rare opportunity to acquire an existing income-producing triplex on an approximately 70-foot-wide lot in one of South Mississauga's most desirable and evolving neighbourhoods. Located at 69 High Street West, just minutes from the vibrant waterfront community of Port Credit, this property offers exceptional appeal for investors, builders, developers and end-users alike. The approximately 2,000-2,500 sq. ft. building contains three residential units with a total of 4+1 bedrooms, 3 bathrooms and parking for up to 5 vehicles. Long-term tenants are willing to remain, providing immediate rental income while future plans are explored. Current rents are below market levels, creating potential for improved income over time, subject to applicable tenancy regulations. The interior lot measures approximately 70 x 71.6 feet, offering substantial frontage that has become increasingly difficult to find in South Mississauga. RL-217 zoning permits detached residential development and includes provisions relating to semi-detached residential forms, subject to all applicable municipal requirements, approvals and buyer due diligence. Port Credit continues to benefit from significant public and private investment, supported by its walkable waterfront lifestyle, marina, parks, restaurants, cafés, boutique shopping, highly regarded schools and convenient GO Transit access. The property is also within easy reach of Lake Ontario, major highways, downtown Mississauga and Toronto. An excellent opportunity to hold an income-producing property today while exploring its longer-term possibilities in one of Mississauga's most established communities. Estate Sale. Property is being sold "As Is, Where Is" without representations or warranties. No survey is available. Buyers are encouraged to complete their own due diligence regarding zoning, rental income, redevelopment potential, severance possibilities, building permits and intended future use.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2002-03-25 | 2002-04-05 | 11 | $449,000 | $440,000 |
Nearby Intersections
Property Features
None
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Property Details
Address
69 High Street
Community
City
Postal Code
L5H 1K1
Property Type
Triplex, Triplex
Lot Size
71' x 72'
Taxes
$8,829 (2026
Basement
Apartment
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
5
Garage Type
None
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Listing contracted with Sutton Group Quantum Realty Inc.
Exceptional Location & Outstanding Investment Opportunity! Own a legal duplex with an additional legal basement apartment in the highly desirable Port Credit West Village waterfront community. Fully tenanted and generating strong rental income, this well-maintained property offers three fully self-contained legal units, including a spacious stunning one-bedroom basement suite, a beautifully updated three-bedroom main-floor unit, and an equally impressive two-bedroom second-floor apartment.Each unit operates independently with separate hydro meters, individual water heaters, and private ensuite laundry facilities. The property has been extensively updated throughout, including electrical, plumbing, radiant heating, split A/C units on the main and second floors, windows, kitchens, bathrooms, flooring, and a new roof completed in 2023. Additional recent improvements include the second-floor dishwasher (2022) and stove (2025), as well as the main-floor refrigerator and washer/dryer (2022).Ideally situated in one of Mississauga's most sought-after waterfront neighbourhoods, residents enjoy convenient access to exciting new retail, commercial, and office developments, along with an abundance of parks and green spaces. Just steps away are public transit, the Port Credit GO Station, boutique shopping, restaurants, cafés, waterfront parks, scenic walking trails, and extensive biking and jogging paths, making this a truly exceptional investment in a thriving lakeside community.
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