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51 days on Market

3274 Mississauga Rd, Mississauga, Ontario L5L 1J4

$2,890,000
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Detached
3
2
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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$12,411/mo

Tax Amount (2023)$8,007/yr

Days On Market51 days


Description

Attention Builders and Developers! An exceptional opportunity awaits with this prime building site. Conditional severance had already been approved for two lots in the past, offering flexibility and immense development potential. Architectural drawings for a luxurious 6,800 sq. ft. home are available, simplifying the development process. Currently, the property is tenanted at $3,000/month plus utilities, with tenants willing to stay or vacate, providing immediate rental income or a vacant site ready for your vision. This is an unmatched chance to develop in a desirable and evolving area. Whether you plan to build two modern homes or a single luxury residence, this property offers the foundation for a highly profitable venture. Proximity to UTM (University of Toronto Mississauga) Ideal for future tenants or buyers.Walking distance to essential amenities, including shopping, dining, and transit


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size19,057 SqFt(190.57 x 100)
Parking Spaces6
MLS ®NumberW9368406
Community NameLower Erin Mills
Data SourceTRREB

Features

Heating: Radiant
Cooling: Central Air
Fireplace
Basement: Fin W/O

Lower Floor

Office

5.45 x 2.50

Broadloom

Family

7.27 x 5.60

Broadloom / Open Concept / W/O To Yard

Dining

5.60 x 3.63

Broadloom / W/O To Yard


Features

Lot size: 19,057 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 4

Total parking spaces 6


Property History

Now
ListedFor Salefor$2,890,000Active
51 days on market
Listing by trreb®
history photo preview40
Jun 8, 2022
ListedFor Rentfor$3,200Terminated
Stayed 7 days on market
Listing by trreb®
history photo preview40
Mar 6, 2019
ListedFor Rentfor$2,600Terminated
Stayed 13 days on market
Listing by trreb®
history photo preview20
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Property listed by RE/MAX REAL ESTATE CENTRE INC., Brokerage

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Comparable Sales

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Sold for $•••,•••
3538 Burgess Cres, Mississauga
••••••••• sq ft
Listed by CMI REAL ESTATE INC.
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Sold for $•••,•••
3538 Burgess Cres, Mississauga
••••••••• sq ft
Listed by CMI REAL ESTATE INC
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Sold for $•••,•••
3416 Burgess Cres, Mississauga
••••••••• sq ft
Listed by ROYAL LEPAGE SIGNATURE REALTY

Market DataFor the past 30 days in Lower Erin Mills

Median Selling Price

$1,339,000

5.43% more than GTA:

$1,270,000

Median Bidding

Underbidding - Trending to buyer market

-$38,000

GTA median: -$27,000

Median Number of Sales

55 sales

2905 sales less than GTA:

2960 sales

Median Number of Days on Market

23 days

3 days more than GTA:

20 days

Want more insights?Visit the Market Pulse


Schools and amenities

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