$1,948,800

For sale

11 Ben Machree Drive, Mississauga (Port Credit) - Single Family for Sale

11 Ben Machree Drive, Mississauga (Port Credit), Ontario, L5H2S2

4 beds2 baths13 parking2,250 ft²100 × 160 ft (16,000 sq ft) lot sizeListed 27 days ago

Overview

This 4-bedroom, 2-bathroom home in Mississauga is for sale offering roughly 2,250 sq ft of space. It has been on the market 27 days, fresher than the Mississauga average of 62 days.

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Description

Build Big, Dream Bigger! Calling all builders, investors and dreamers! This is your moment to seize the chance to own a double-wide lot in the heart of Port Credit (south of Lakeshore), one of Mississauga's most sought-after neighbourhoods. This expansive 100 x 160-foot property is rare, offering immense potential for developers and investors alike. With gentrification driving growth, property values in this vibrant community are rising, making this a prime investment opportunity. Imagine the possibilities: luxury townhomes, a custom-built estate, or a multi-unit residential development; the choice is yours. The generous dimensions and flexible zoning allow you to bring your vision to life, whether crafting a sophisticated residence or a lucrative development project. Positioned just steps from the stunning Lake Ontario shoreline, this property offers residents a lifestyle that blends tranquillity with vibrant urban living. (id:66096)

Property Details

MLS®: W13875734
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 13
Interior Size: 2,250 ft²
Lot Size: 100 × 160 ft (16,000 sq ft)
Frontage: 100 ft
Storeys: 1
Style: Bungalow
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $13,381.18/yr

Rooms

Main level

Living room: 7.12 x 14.48 meters
Dining room: 3.58 x 4.04 meters
Kitchen: 4.65 x 4.04 meters
Primary Bedroom: 5.23 x 3.3 meters
Bedroom 2: 3.17 x 4.81 meters
Bedroom 3: 3.16 x 3.74 meters
Kitchen: 6.09 x 2.49 meters
Bedroom 4: 3.19 x 2.67 meters
Bedroom 5: 2.8 x 3.88 meters

Lower level

Recreational, Games room: 7.98 x 3.92 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Flooring: Tile, Hardwood
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Mississauga (Port Credit) listings, avg age

62d

Price / ft²

$866

List price

$1.95M

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 4-bed single family in Mississauga (Port Credit) has been listed for 27 days, which is 35 days fresher than the city average of 62. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE ASSOCIATES · CORRIE HARDING-KEIZS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5H)

This home lists at $1,948,800, about 14.0× the local median household income of $139,000.

Carrying it typically needs a household income of about $380,669 (20% down, 25-yr amortization, stress-tested) — roughly 174% above the area median.

Median household income: $139,000
Population: 17,409
Median age: 46.4
Owner / renter: 79% / 21%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L5H)

$1,948,800· $866/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $389,760

Min 20%50%

Mortgage payment$8,311/mo

Property tax (est.)$1,115/mo

Total monthly$9,426

Cash Needed to Close

Down payment (20%)$389,760

Land transfer tax$35,451

Est. closing costs$8,346

Total cash needed$433,557

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