Unknown for 2625 Hammond Rd #LOT 1, Mississauga Ontario L5K 1T3
74 days on Market

2625 Hammond Rd #LOT 1, Mississauga, Ontario L5K 1T3

Detached
4 + 2
6
~3500-5000 sqft
$3,500,000
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Detached
4 + 2
6
~3500-5000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$850/sqft

Est. Mortgage$15,031/mo

Tax Amount (2024)$17,693/yr

Days On Market74 days


Description

Discover this rare investment opportunity nestled in the prestigious Sherwood Forest, blending historic charm with significant development potential! This exquisite Victorian-style heritage designated residence sits on a sprawling 2.1-acre lot and offers over 4,000 square feet of meticulously designed living space, featuring 4+2 bedrooms and 6 bathrooms. Steeped in history, the restored interior boasts a refined design with engineered hardwood floors, soaring ceilings, pot lights, multiple fireplaces, and abundant natural light. The grand principal rooms seamlessly transition to the porch and picturesque backyard, accessible from both the chef-inspired kitchen and the family room. This property is a remarkable blend of history and future development potential, providing owners with the possibility of converting the current heritage structure to a fourplex, enabling a unique and lucrative investment opportunity with a significant return on investment for a discerning investor!


Property Details

Style2-Storey
View-
Age of property-
SqFt~3500-5000 SqFt
Lot Size45,855 SqFt(145.78 x 314.55)
Parking Spaces17
MLS ®NumberW9512354
Community NameSheridan Park
Data SourceTRREB
Listing bySAM MCDADI REAL ESTATE INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished, Full

Main Floor

Kitchen

7.16 x 4.88

Pot Lights / Granite Counter / B/I Appliances

Dining

4.95 x 4.70

French Doors / Window / Hardwood Floor

Living

7.72 x 4.37

Gas Fireplace / Coffered Ceiling / Hardwood Floor

Family

7.72 x 4.32

Gas Fireplace / Window / Hardwood Floor


Features

Lot size: 45,855 SqFt

Parking

Garage spaces 3

Garage type Detached

Other parking spaces 14

Total parking spaces 17


Property listed by SAM MCDADI REAL ESTATE INC., Brokerage

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Market Data - Sheridan Park

Seller's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

61 days

Compared to

2024

19 days

2023

26 days

2022

34 days

New Listings

Past 30 days

12 listings

Compared to

2024

22 listings

2023

12 listings

2022

6 listings

Units sold

Past 30 days

4 units

Compared to

2024

4 units

2023

6 units

2022

5 units

Median Sold Price

Past 30 days

$2,175,000

Compared to

2024

$1,583,393

2023

$1,897,500

2022

$2,038,000


Population and Demographics

Overview

Total population 15946
Average household income $172,381

Age (%)

0 to 19
22%
50 to 64
22%
65 and plus
20%
20 to 34
18%
35 to 49
18%

Household composition (%)

Single family
76%
Single person
19%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
66%
Urdu
5%
Polish
5%
Arabic
4%
Mandarin
4%
Others
3%
Tagalog (Pilipino, Filipino)
2%
Yue (Cantonese)
2%
Spanish
1%
Italian
1%
Portuguese
1%

House tenancy (%)

Owners
73%
Renters
27%

Schools and amenities

Estimated Budget