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Triplex · Listed 30 days ago

43 Broadview Mississauga,ON L5H 2S8

Mississauga, ON, Canada

4 Beds3 Baths2,500–2,500 sqft0 Built

List price

$1,749,000

Why This Property?

This Port Credit triplex offers 4 bedrooms, 3 baths and about 2,000 sq. ft. across three month-to-month rental units generating roughly $7,000 per month. It also comes with permit-ready redevelopment potential for two semi-detached homes, a detached garden suite and a lower-level two-bedroom apartment, all steps from the lake and Port Credit’s walkable core.

Facts & Features

Bedrooms & bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full: 3
  • Half: 0

Living Area

  • 2,500–2,500 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

      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.

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      Frequently Asked Questions

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

      What is the current income potential of the property?
      The existing triplex is described as generating approximately $7,000 per month from three market-rate, month-to-month units.
      What Port Credit amenities and transit are nearby?
      The listing is steps from the lake, and area context names Port Credit GO Station, Port Credit Secondary School, local bus service and the Hurontario LRT corridor.
      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.