16 Ontario Street No longer available

Mississauga, Streetsville, L5M 1S8

$1,225,000

Description

Listed by SUTTON GROUP - SUMMIT REALTY INC..

ATTENTION Developers!!!!!! 2 homes for sale at 12 & 16 Ontario St W side by side homes! Prime location- Just 1 & 2 houses away from the main road in the village and vacant. 3 out of the 4 suites are vacant, providing flexibility for new leases and great income opportunities. Both have over 60 foot frontages are are owned by the same owner in the centre of Streetsville. Walking distance to Go Station, businesses, shops, pubs, & amenities. Upcoming plans for Centre Plaza one block away will enhance the desirability & value of the 2 properties. Both homes feature 2 separate suites each. 16 Ontario St W is vacant. 12 Ontario St W previously served as a lawyer's office with living quarters upstairs, showing the potential for mixed-use. Investment Potential: With 2 rental units in each of the side by side homes, investors can collect rent from each unit, generating great revenue. Can potentially convert the 2 properties into a larger residential complex, or mixed-use development and the new more lenient building rules will suit the growing needs of the village. There are indeed numerous possibilities for this amazing property in such an ideal location

Buy both homes side by side 12 and 16 Ontario St W from the same owner and build something very special!

Location

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  • Address: 16 Ontario Street
  • Neighborhood: Streetsville
  • City: Mississauga
  • State: Ontario
  • Postal Code: L5M 1S8

Property Details

  • Property ID: W9382973
  • Property Price: $1,225,000
  • Style: Detached, Bungalow
  • Rooms: 10
  • Bedrooms: 3
  • Bath: 2
  • Parking Spaces: 6
  • A/C: Central Air
  • Basement: Apartment, Sep Entrance
  • Den: N
  • Exterior: Other
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $4,980.00 (2024)
  • Lot: 100.15x62.00 (Feet) - Flat lot- 2 homes for sale side by side

Room details and dimensions

Statistics for similar Detached homes in Streetsville

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Detached homes in Streetsville

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Detached homes in Streetsville

Property History

This property has been sold 3 times before. To view this property's sale price history please sign in or register:


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  • Contact Manoj Kukreja

    Sales Representative, Re/max Premier Inc., Brokerage
    (647) 576 - 2100

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