12 Ontario St W

Mississauga | Streetsville | L5M 1S8
  • 3
  • 2
  • 0

$1,085,000

Est. Mtg $3,679 /mo
  • Days on market

    60

  • Status

    New

Listing Broker SUTTON GROUP - SUMMIT REALTY INC.
Since listed: 2 views

Home details

MLS #:

W12006916

Property type:
Detached
Style:
1 1/2 Storey
Taxes:
$5,481
Possession:
TBA - FLEXIBLE
Lot Front:
61.43   Feet
Lot Depth:
100.06   Feet
Basement:
Part Fin |
Driveway Pkg:
6
Heat:
Gas | Forced Air

Description


12 Ontario St W, , Mississauga, Ontario is a Detached property in Mississauga and in the Streetsville community in the L5M 1S8 postal code


Prime location- Just one house away from the main road in the village. 3 out of the 4 suites are vacant, providing flexibility for new leases and great income. 2 detached homes side by side available at 12 and 16 Ontario St. W. with slightly over 60 foot frontages from the same owner in the centre of Streetsville. Walking distance to Go Station, businesses, shops, pubs, & amenities. Upcoming plans for Cenre Plaza one block away will enhance the desirability & value of the 2 properties. Both homes feature 2 separate suites each. Only 1 out the 4 suites is rented and is in 12 Ontario and is smaller upper floor, on the month to month basis. 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.

Extras

.


History

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List Date End Date List Price End Price Status MLS #
2020-11 2020-12 $2,390 $2,390 Ter W5002507
2024-11 2025-03 $1,150,000 $1,099,000 Dft W10408201
2025-03 2025-03 $1,085,000 $1,085,000 New W12006916

Comparables

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sold Date Address List Price sold Price DOM
2024-06 40 River Rd, $1,189,000 $1,185,000 14
2022-03 28 Earl St, $1,449,000 $1,510,000 11
2021-12 309 Queen St, $1,200,000 $1,150,000 43
2021-06 38 River Rd, $989,000 $1,115,000 9
2021-05 366 Queen St S, $998,000 $970,000 4
2020-10 309 Queen St S, $899,000 $910,000 10
2020-06 30 Joseph St, $965,000 $925,000 8
2019-10 309 Queen St S, $649,000 $717,000 5
2019-03 7 Arch Rd, $715,000 $710,000 32

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Mississauga :

Properties sold

253

Average sale price

$1,602,425

New Listings

505

Year on Year Growth

-3.61%

Municipality activity All Property Types

Sale activity

Mississauga :

Average sale price

$1,112,531

Properties sold

679

New Listings

1,422

Days on Market

13

Sale $ / List $

102%

Year on Year Growth

-4.25%


Sale Chart - Detached

Mississauga Average Price (2 Years):


Sale Chart - Detached

TRREB Total Average Price (2 Years):


Estimated running costs for 12 Ontario St W

Based on available 3rd party data

$4270

Approximate costs per month

Mortgage
$3679 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$456 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Cul De Sac
  • Hospital
  • Library
  • Park
  • Public Transit
  • School
Listing Broker SUTTON GROUP - SUMMIT REALTY INC.
Data Source: TRREB

Payment calculator

$4135 monthly. In association with: TD Bank
%
  • Principal and Interest
    3679 /mo
  • Property Taxes
    $456 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Sandro Rocciolo, Realtor

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