A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 16 Ontario St, Mississauga Ontario L5M 1S8
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9 days on Market

16 Ontario St, Mississauga, Ontario L5M 1S8

Detached
3
2
- sqft
$1,085,000
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Detached
3
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$4,660/mo

Tax Amount (2024)$4,980/yr

Days On Market9 days


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 Size6,018 SqFt(100.15 x 60.09)
Parking Spaces6
MLS ®NumberW12006905
Community NameStreetsville
Data SourceTRREB
Listing bySUTTON GROUP - SUMMIT REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Walk-Up

Main Floor

2nd Br

2.61 x 3.31

Laminate / O/Looks Backyard / Closet Organizers

Kitchen

4.01 x 3.01

Laminate / Renovated / W/O To Deck

Primary

3.1 x 3.71

Laminate / O/Looks Garden / Closet

Living

4.71 x 3.21

Laminate / Open Concept / Picture Window


Features

Lot size: 6,018 SqFt

Parking

Garage spaces 6

Garage type None

Other parking spaces 0

Total parking spaces 6


Property History

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Price changeActive
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Listed
$•••,•••
9 days on market
history photo preview24
Listing by trreb®
Property listed by SUTTON GROUP - SUMMIT REALTY INC., Brokerage

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Market Data - Streetsville

Geo Zone Map ThumbnailStreetsville

Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

17 days

Compared to

2024

7 days

2023

14 days

2022

7 days

New Listings

Past 30 days

17 listings

Compared to

2024

12 listings

2023

7 listings

2022

6 listings

Units sold

Past 30 days

3 units

Compared to

2024

8 units

2023

6 units

2022

9 units

Median Sold Price

Past 30 days

$1,485,000

Compared to

2024

$1,279,000

2023

$1,110,000

2022

$1,728,000


Population and Demographics

Overview

Total population 11473
Average household income $147,076

Age (%)

50 to 64
22%
0 to 19
21%
65 and plus
20%
35 to 49
19%
20 to 34
17%

Household composition (%)

Single family
73%
Single person
23%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
65%
Mandarin
6%
Arabic
4%
Urdu
4%
Yue (Cantonese)
3%
Portuguese
3%
Others
2%
Polish
2%
Spanish
2%
Hindi
1%
Punjabi (Panjabi)
1%

House tenancy (%)

Owners
72%
Renters
28%

Schools and amenities

Estimated Budget