2625 Hammond Rd

Mississauga | Sheridan | L5K 1T3
  • 0
  • 0
  • 0

$1,200,000

Est. Mtg $4,069 /mo
  • Days on market

    28

  • Status

    New

Listing Broker SAM MCDADI REAL ESTATE INC.
Since listed: 1 views

Home details

MLS #:

W9512061

Property type:
Vacant Land
Style:
Taxes:
$0
Possession:
Flex.
Lot Front:
0.0   Feet
Lot Depth:
0.0   Feet
Basement:
|
Driveway Pkg:
0
Heat:
|

Description


2625 Hammond Rd, LOT 2, Mississauga, Ontario is a Vacant Land property in Mississauga and in the Sheridan community in the L5K 1T3 postal code


Discover a rare development opportunity in the heart of Sherwood Forest, where this prestigious high-end residential enclave awaits you. This exclusive infill opportunity offers the flexibility to build different residential options including a detached 2-storey home, a duplex, triplex, or fourplex with approximately 900 square feet per unit, providing the perfect investment for developers seeking superb monthly cash flow. This prime location places you close to every convenience with nearby shopping malls like Erin Mills Town Centre and Square One, reputable schools including the University of Toronto Mississauga campus, lush parks, and the Mississauga Golf and Country Club just moments away. Embrace the best of suburban tranquility and urban convenience in this desirable setting, where modern living meets a timeless neighbourhood ambiance. Don't miss this exceptional opportunity to create a remarkable residential development in one of Mississauga's most coveted locations..

Extras

**Access to the property will be via a shared driveway off of Hammond Road. *Total square footage for property is approx 3,500 SF without variances. **Subdivision plan has been approved, pending clearance of the OLT conditions**.


History

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List Date End Date List Price End Price Status MLS #
2024-10 2024-10 $1,200,000 $1,200,000 New W9512061

Comparables

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sold Date Address List Price sold Price DOM
2024-03 2271 Fifth Line W, $1,388,888 $1,200,000 43
2023-02 2270 Doulton Dr, $5,100,000 $3,800,000 50
2021-10 2270 Doulton Dr, $4,190,000 $4,020,000 113
2021-07 2630 Mississauga Rd, $1,825,000 $1,750,000 162
2021-03 2110 Stonehouse Cres, $1,918,000 $1,750,000 426
2020-08 2270 Doulton Dr, $3,950,000 $3,950,000 4
2019-10 1808 Mississauga Rd, $849,000 $880,000 143
2019-10 1800 Mississauga Rd, $799,000 $695,000 143
2019-10 1816 Mississauga Rd, $899,000 $740,000 143
2018-12 2229 Doulton Dr, $3,250,000 $2,975,000 32
2018-11 2425 Doulton Dr, $3,400,000 $3,350,000 0
2018-10 2270 Doulton Dr, $2,999,000 $2,750,000 52

Statistics: TRREB Market Watch - JUNE 2023

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%



Estimated running costs for 2625 Hammond Rd

Based on available 3rd party data

$4204

Approximate costs per month

Mortgage
$4069 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$0 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker SAM MCDADI REAL ESTATE INC.
Data Source: TRREB

Payment calculator

$4069 monthly. In association with: TD Bank
%
  • Principal and Interest
    4069 /mo
  • Property Taxes
    $0 /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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