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$2,350,000
Mississauga
1252 Mona Road, Mississauga (Mineola), Ontario, L5G3A1
This 4-bedroom, 2-bathroom home in Mississauga is for sale. Listed at $2,350,000, it is attractively priced about 6% below the $2,500,000 median asking price in Mississauga.
xceptional Opportunity in Mineola. Attention builders and investors this is a rare opportunity to secure a premium property in the highly sought-after Mineola neighbourhood, one of Mississauga's most prestigious and exclusive communities.Situated on an expansive 100.14 x 200.29 ft lot, this property offers outstanding land value and incredible development potential. It presents an ideal canvas for builders looking to create custom homes, investors seeking long-term appreciation, or end users ready to design a dream estate.The seller will transfer conditional severance approval, allowing the property to be divided into two 50 x 200 ft lots. This provides exceptional flexibility-whether you choose to build two luxury residences or one grand, private estate.The buyer will be responsible for demolition of the existing dwelling and completion of all remaining severance conditions with the City of Mississauga.Set on a picturesque, tree-lined street and surrounded by multi-million-dollar custom homes, the location reflects the elegance and tranquility Mineola is known for. Convenient access to Port Credit and Clarkson GO stations offers quick connections to downtown Toronto in under 30 minutes, along with easy access to the QEW, Highway 427, and Lakeshore Road. Shopping, dining, and everyday amenities are all nearby.Whether your goal is to build a luxury home, develop high-end properties, or invest in a prime location, this offering delivers exceptional potential and long-term value. Conditional Severance Approved. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 155 days on market, against an average age of 60 days across the listings currently for sale in this city
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.
This 4-bed single family in Mississauga (Mineola) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,350,000, about 24.7× the local median household income of $95,000.
Carrying it typically needs a household income of about $459,037 (20% down, 25-yr amortization, stress-tested) — roughly 383% above the area median.
Source: Statistics Canada, 2021 Census (FSA L5G)
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Loading rates, 30-yr amortization
Cash Needed to Close
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