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Triplex · Listed 266 days ago

24 Oakwood Mississauga,ON L5G 3L3

Mississauga, ON, Canada

6 Beds3 Baths3,500–3,500 sqft0 Built

List price

$2,049,000

Why This Property?

This vacant Port Credit triplex has six bedrooms and three bathrooms across three suites, with parking and a garage. The property is undergoing a back-to-the-studs renovation and is being offered in its present state, leaving completion to the purchaser. Port Credit GO, waterfront trails and local restaurants are neighbourhood draws.

Facts & Features

Highlights

  • parking
  • garage

Bedrooms & bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full: 3
  • Half: 0

Living Area

  • 3,500–3,500 sqft

Stories

Lot size

  • N/A — Condo

Year built

  • 0

Property type

  • Triplex

Standard status

  • Active

Cooling

Heating

View

    Utilities

      Water / Sewer

      About This Property

      OVERSIZED-VACANT TRIPLEX FOR SALE Purpose-built triplex in one of Port Credit\'s most sought-after mature neighbourhoods, nestled among predominantly single-family homes. This property offers two spacious three-bedroom suites(approx. 1,522 sq. ft. each) and one oversized two-bedroom suite (approx. 1,385 sq. ft.)-a unit mix and scale seldom found in residential triplexes, making it exceptionally well-suited to both pure investors, owner/investors, and multi-generational living. The property will be delivered vacant, providing a significant advantage with the ability to reset rents at current market levels upon completion. Currently undergoing a back-to-the-studs renovation, the property offers a unique opportunity to acquire it in its present state and complete it to your own specifications, or purchase it as a fully finished product. On-site parking plus a detached garage provide flexibility for personal use or additional rental income. Unbeatable walkability with shops, cafés, and grocery stores at your doorstep, and easy access to the Port Credit GO Station for seamless downtown connectivity. A highly flexible investment in a premier, transit-connected lakeside community. The exceptional unit sizes, three-bedroom layouts, and premier Port Credit location support strong rental demand and premium market rents. The vacant possession allows for full income repositioning from day one, while the walkable urban setting and direct GO access continue to attract high-quality professional tenants seeking space, convenience, and lifestyle. Property is being offered at the asking price in its current as-is condition.

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      Frequently Asked Questions

      Everything you need to know about valuing and buying with RealOrca.

      How are the triplex suites arranged?
      The property has two three-bedroom suites and one two-bedroom suite, for six bedrooms and three bathrooms overall. It is offered vacant.
      What transit and local amenities are in Port Credit?
      Port Credit GO is a major neighbourhood transit connection. The waterfront area is also known for trails and restaurants, with the Hurontario corridor served by the Hazel McCallion Line.
      What should I consider when buying a triplex in Mississauga?
      When buying a triplex in Mississauga, it’s important to review zoning, permitted use, and the property’s current unit layout to confirm it complies with local regulations. Buyers should also assess the condition of major systems such as the roof, plumbing, electrical, and heating, since multi-unit homes can have higher maintenance needs. It’s also helpful to understand tenant arrangements, parking availability, and proximity to transit, schools, parks, and shopping.
      Which Mississauga neighbourhoods may appeal to triplex buyers?
      Different Mississauga neighbourhoods can suit different triplex goals. City Centre appeals to buyers who value urban convenience, shopping, and transit access. Port Credit offers a waterfront lifestyle with walkability and GO Transit connections. Erin Mills, Meadowvale, and Rathwood are often attractive for those looking for established residential communities with parks, schools, and family-oriented amenities. The right fit depends on whether the priority is rental appeal, owner-occupancy, or long-term holding.
      What features are commonly important in a triplex property?
      Triplex buyers often look for features that support comfortable multi-unit living, such as separate entrances, functional unit layouts, adequate parking, on-site laundry options, storage space, and private or shared outdoor areas. Updated mechanical systems and good sound separation between units are also valuable. In Mississauga, access to transit, community centres, libraries, parks, and everyday shopping can further improve overall livability.
      How important is transit access for a triplex in Mississauga?
      Transit access can be a major consideration because it supports convenience for both owners and occupants. Mississauga offers options such as MiWay bus service and GO stations including Port Credit and Meadowvale, with the Hurontario LRT expected to expand connectivity. Properties near reliable transit routes may appeal to residents who commute within Mississauga or to nearby employment and regional hubs.