$1,225,000 FOR SALE

Detached Bungalow

Bedrooms: 3Bathrooms: 2Lot: 62 x 100.15 ft
2024 Taxes: $4,980

16 Ontario St W
Mississauga, ON L5M 1S8 | Streetsville | Peel

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

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

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Listed By SUTTON GROUP - SUMMIT REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W9382973
Last Updated Oct 10, 2024
Property Summary
Property Type Detached

More like this:
Legal Description L5 46 PL STR2 STREETSVILLE; MISSISSAUGA
Possession Date Flexible - TBA
Taxes (2024) $4,980
Directions/Cross Streets Queen and Ontario St W
Neighbourhood Streetsville
Area Peel
Price History
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Detailed Information
Fronting On N
Link N
Property Features Hospital, Library, Park, Public Transit, Rec Centre, School
Special Designations Unknown
Bedrooms 3
Bathrooms 2
Rooms 10
Kitchens 1+1
Lot 62 x 100.15 ft
Lot Irregularities Flat lot- 2 homes for sale side by side
Exterior Other
Air Conditioning Central Air
Family Room N
Fireplace/Stove N
Pool None
Basement Apartment, Sep Entrance
Drive Pvt Double
Garage Spaces 0.0
Garage Type None
Parking Spaces 6
Total Parking Spaces 6.0
Heat Source Gas
Heat Type Forced Air
Other Structures Garden Shed
Sewers Sewers
Water Municipal
Seller Property Info Statement N
Rooms
Room Level Dimensions Notes
LivingMain4.71 m x 3.21 m (15.45 ft x 10.53 ft)Laminate, Open Concept, Picture Window
KitchenMain4.01 m x 3.01 m (13.16 ft x 9.88 ft)Laminate, Renovated, W/O To Deck
Prim BdrmMain3.1 m x 3.71 m (10.17 ft x 12.17 ft)Laminate, O/Looks Garden, Closet
2nd BrMain2.61 m x 3.31 m (8.56 ft x 10.86 ft)Laminate, O/Looks Backyard, Closet Organizers
KitchenBsmt8.4 m x 3.31 m (27.56 ft x 10.86 ft)Laminate, Renovated, Combined W/Living
LivingBsmt8.41 m x 3.31 m (27.59 ft x 10.86 ft)Laminate, 3 Pc Bath, Open Concept
3rd BrBsmt2.6 m x 3.3 m (8.53 ft x 10.83 ft)Laminate, Window
Bathrooms
Pieces Level
4Bsmt
3Main

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