Unknown for 16 Ontario St, Mississauga Ontario L5M 1S8
2 hours on Market

16 Ontario St, Mississauga, Ontario L5M 1S8

Detached
2 + 1
2
~700-1100 sqft
$1,049,000
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Detached
2 + 1
2
~700-1100 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,226/sqft

Est. Mortgage$4,505/mo

Tax Amount (2024)$4,980/yr

Days On Market2 hours


Description

Located in the heart of trendy Streetsville, this well-maintained bungalow offers a fantastic opportunity just two houses from Queen St. downtown. Featuring a spacious 61-foot frontage and an open-concept floor plan, the home includes a nanny suite in the basement, making it ideal for extended family or potential rental income. Enjoy outdoor living with a charming front porch and a large, newer back deck overlooking a beautifully landscaped, private yard. Just a short stroll from Tim Hortons, Centre Plaza (featuring Shoppers Drug Mart, a bowling alley, LCBO, and more), as well as the library, main street shops, Credit River walking trails, schools, Vic Johnsons Arena, pool and Community Centre parks, and the GO Station. Additionally, the neighboring property at 12 Ontario St W is also for sale by the same owner, presenting endless possibilitieswhether you're looking for a larger residential complex, a mixed-use development, or a lucrative investment. With new, more flexible building regulations, this growing village is ripe for opportunity. Purchase one or both properties either way, you can't go wrong, especially with both featuring nanny suites! Seller willing to do a vendor take back mortgage.


Property Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size6,018 SqFt(100.15 x 60.09)
Parking Spaces6
MLS ®NumberW12139407
Community NameStreetsville
Data SourceTRREB
Listing bySUTTON GROUP - SUMMIT REALTY INC.

Features

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

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

Primary

3.1 x 3.71

Laminate / O/Looks Garden / Closet

2nd Br

2.61 x 3.31

Laminate / O/Looks Backyard / Closet Organizers


Features

Lot size: 6,018 SqFt

Parking

Garage spaces 6

Garage type None

Other parking spaces 0

Total parking spaces 6


Property listed by SUTTON GROUP - SUMMIT REALTY INC., Brokerage

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Market Data - Streetsville

Geo Zone Map ThumbnailStreetsville

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

15 days

Compared to

2024

13 days

2023

9 days

2022

12 days

New Listings

Past 30 days

12 listings

Compared to

2024

17 listings

2023

17 listings

2022

18 listings

Units sold

Past 30 days

3 units

Compared to

2024

5 units

2023

11 units

2022

9 units

Median Sold Price

Past 30 days

$1,060,000

Compared to

2024

$1,300,000

2023

$1,300,000

2022

$1,410,000


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