$1,688,900
378 Lakeshore Road W, Mississauga, ON L5H 1H5
7 Beds
3 Baths
4 Parking
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.

Property Summary

Property Type Residential Freehold
Property Sub Type Triplex
Transaction Type For Sale
Style 2-Storey
Bedrooms Above Grade 5
Bedrooms Below Grade 2
Bathrooms 3
Basement Apartment, Finished with Walk-Out
Exposure North
Possession Immediate

Building

Building Type Triplex
Square Footage 2000-2500
Exterior Brick
Foundation Unknown
Roof Asphalt Shingle
Heating Radiant
Heat Source Gas
Cooling Other
Fireplace No

Measurements

Lot Size 25 x 92.18
Lot Size Units Feet
Frontage 25
Depth 92.18
Total Living Area 2000-2500

Land

Address 378 Lakeshore Road W, Mississauga, ON L5H 1H5
City Mississauga
Community Port Credit
County / Area Peel
Cross Street Lakeshore Rd W, Mississauga Rd, Broadview Ave
Sewer Sewer
Pool None
Parcel Number 134480728

Parking and Garage

Total Parking 4
Garage Spaces 0
Garage Type Other

Taxes and Listing Info

List Price $1,688,900
Annual Taxes $7,931
Tax Year 2026
Status Active
Listing Date 2026-06-02T17:13:52Z
Updated 2026-06-02T22:09:42Z
MLS Number W13229228
Local Market Insight

What Buyers Should Know About 378 Lakeshore Road W, Mississauga, ON L5H 1H5

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

378 Lakeshore Road W, Mississauga, ON L5H 1H5 is positioned in Port Credit, a part of Mississauga where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a 2-Storey, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Triplex should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Lakeshore Rd W, Mississauga Rd, Broadview Ave, public transit options, parking availability, and drive times to employment areas. A property with 4 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $1,688,900, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 7 bedrooms, 3 bathrooms, basement details marked as Apartment, Finished with Walk-Out, and a lot size of 25 x 92.18, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Mississauga, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Port Credit. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 378 Lakeshore Road W, Mississauga, ON L5H 1H5, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.