A pic from exterior of the house or condo for 16 Ontario St, Mississauga Ontario L5M 1S8
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Standard kitchen for 16 Ontario St, Mississauga Ontario L5M 1S8
12 days on Market

16 Ontario St, Mississauga, Ontario L5M 1S8

$1,225,000
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Detached
3 + 1
2
- sqft

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Highlights

Estimated Value$1,071,000*

Price/Sqft-

Est. Mortgage$5,261/mth

Tax Amount (2024)$4,980/yr

Days On Market12 days

*Last updated on: 24/10/16

Description

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


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size6,209 SqFt(100.15 x 62)
Parking Spaces6
MLS ®NumberW9382973
Community NameStreetsville
Data SourceTRREB

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Sep Entrance

Main Floor

Living

4.71 x 3.21

Laminate / Open Concept / Picture Window

Kitchen

4.01 x 3.01

Laminate / Renovated / W/O To Deck

Prim Bdrm

3.10 x 3.71

Laminate / O/Looks Garden / Closet

2nd Br

2.61 x 3.31

Laminate / O/Looks Backyard / Closet Organizers


Features

Lot size: 6,209 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Now
ListedFor Salefor$1,225,000Active
12 days on market
Listing by trreb®
history photo preview22
Feb 3, 2021
ListedFor Rentfor$1,300Terminated
Stayed 15 days on market
Listing by trreb®
history photo preview17
Apr 29, 2013
ListedFor Salefor$449,000Sold for$•••,•••
Stayed 14 days on market
Listing by trreb®
history photo preview1
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Property listed by SUTTON GROUP - SUMMIT REALTY INC., Brokerage

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Comparable Sales

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Sold for $•••,•••
36 Vista Dr, Mississauga
••••••••• sq ft
Listed by HOME VISION REAL ESTATE INC.
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Sold for $•••,•••
5 Maldaver Ave, Mississauga
••••••••• sq ft
Listed by RE/MAX PROFESSIONALS INC.
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Sold for $•••,•••
50 Swanhurst Blvd, Mississauga
••••••••• sq ft
Listed by ROYAL LEPAGE MEADOWTOWNE REALTY

Market DataFor the past 30 days in Streetsville

Median Selling Price

$1,200,000

4.18% less than GTA:

$1,252,400

Median Bidding

Underbidding - Trending to buyer market

-$4,000

GTA median: -$25,000

Median Number of Sales

19 sales

2817 sales less than GTA:

2836 sales

Median Number of Days on Market

15 days

1 day less than GTA:

16 days

Want more insights?Visit the Market Pulse


Schools and amenities

Estimated Budget