16 Ontario St W

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

$1,225,000

Est. Mtg $4,153 /mo
  • Days on market

    2

  • Status

    New

Listing Broker SUTTON GROUP - SUMMIT REALTY INC.
Since listed: 0 views

Home details

MLS #:

W9382973

Property type:
Detached
Style:
Bungalow
Taxes:
$4,980
Possession:
Flexible - TBA
Lot Front:
60.09   Feet
Lot Depth:
100.15   Feet
Basement:
Apartment | Sep Entrance
Driveway Pkg:
6
Heat:
Gas | Forced Air

Description


16 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 two houses away from the main road in the village and vacant. 3 our 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. 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.

Extras

Buy both homes side by side 12 and 16 Ontario St W from the same owner and build something very special!.


History

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List Date End Date List Price End Price Status MLS #
2021-01 2021-02 $1,300 $1,300 Ter W5088976
2024-10 2024-10 $1,225,000 $1,225,000 New W9382973

Comparables

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sold Date Address List Price sold Price DOM
2024-09 9 PIONEER Dr, $1,199,900 $1,196,000 13
2024-08 18 Alphonse Cres, $1,249,000 $1,250,000 60
2024-06 5 Maldaver Ave, $1,069,000 $1,160,000 19
2024-06 23 Alphonse Cres, $1,239,000 $1,185,000 43
2024-05 44 Ellesboro Dr, $1,089,000 $1,230,000 6
2024-05 6461 Dunray Crt, $1,398,000 $1,393,000 1
2024-04 109 Swanhurst Blvd, $1,249,000 $1,250,000 6
2024-04 20 Suburban Dr, $1,249,000 $1,210,000 8
2024-03 24 Alphonse Cres, $1,149,000 $1,200,000 7
2024-03 17 Arch Rd, $1,275,000 $1,255,000 2
2024-03 5313 Turney Dr, $1,279,900 $1,260,000 4
2024-01 39 Suburban Dr, $1,298,000 $1,298,000 10
2024-01 18 Ardsley St, $1,149,000 $1,110,000 39
2024-01 73 Morgon Ave, $1,199,900 $1,125,000 1
2024-01 15 Alphonse Cres, $1,199,999 $1,195,000 4

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):

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Sale Chart - Detached

TRREB Total Average Price (2 Years):

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Estimated running costs for 16 Ontario St W

Based on available 3rd party data

$4703

Approximate costs per month

Mortgage
$4153 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$415 p/m
Maintenance
$0 p/m

Amenities:

Features:

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

Payment calculator

$4568 monthly. In association with: TD Bank
%
  • Principal and Interest
    4153 /mo
  • Property Taxes
    $415 /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

Ben Pourkamali, Realtor

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