Frontside or backside of a home, the street view for 2625 Hammond Rd #LOT 4, Mississauga Ontario L5K 1T3
26 days on Market

2625 Hammond Rd #LOT 4, Mississauga, Ontario L5K 1T3

$999,999
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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$4,295/mo

Tax Amount (2024)-

Days On Market26 days


Description

Discover a rare development opportunity in the heart of Sherwood Forest, where this prestigious high-end residential enclave awaits you. This exclusive infill opportunity offers the flexibility to build different residential options including a detached 2-storey home, a duplex, triplex, or fourplex with approximately 900 square feet per unit, providing the perfect investment for developers seeking superb monthly cash flow. This prime location places you close to every convenience with nearby shopping malls like Erin Mills Town Centre and Square One, reputable schools including the University of Toronto Mississauga campus, lush parks, and the Mississauga Golf and Country Club just moments away. Embrace the best of suburban tranquility and urban convenience in this desirable setting, where modern living meets a timeless neighbourhood ambiance. Don't miss this exceptional opportunity to create a remarkable residential development in one of Mississauga's most coveted locations.**Can build up to approx. 3,500 SF without variance. **Subdivision plan has been approved, pending clearance of the OLT conditions**


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number40669510
Community NameSheridan Park
Data SourceITSO

Features

Sewer (Municipal)

Property History

Now
ListedFor Salefor$999,999Active
26 days on market
Listing by itso®
history photo preview1
Now
ListedFor Salefor$1,200,000Active
26 days on market
Listing by trreb®
history photo preview1
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Property listed by Sam McDadi Real Estate Inc., Brokerage

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Comparable Sales

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2123 Waycross Cres, Mississauga
••••••••• sq ft
Listed by KELLER WILLIAMS REAL ESTATE ASSOCIATES
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Sold for $•••,•••
6154 Silken Laumann Way, Mississauga
••••••••• sq ft
Listed by SUTTON GROUP-ADMIRAL REALTY INC.
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Sold for $•••,•••
459 Ceremonial Dr, Mississauga
••••••••• sq ft
Listed by REAL ONE REALTY INC.

Market DataFor the past 30 days in Sheridan Park

Median Selling Price

$1,633,000

28.04% more than GTA:

$1,275,000

Median Bidding

Underbidding - Trending to buyer market

-$69,000

GTA median: -$25,000

Median Number of Sales

26 sales

2821 sales less than GTA:

2847 sales

Median Number of Days on Market

24 days

3 days more than GTA:

21 days

Want more insights?Visit the Market Pulse


Schools and amenities

Estimated Budget