$1,400,000

For sale

1807 Orr Road, Mississauga (Clarkson) - Single Family for Sale

1807 Orr Road, Mississauga (Clarkson), Ontario, L5J1B8

2 beds2 baths2 parking900 ft²50 × 187 ft (9,350 sq ft) lot sizeListed 12 days ago

Overview

This 2-bedroom, 2-bathroom home in Mississauga is for sale offering roughly 900 sq ft of space. Listed at $1,400,000, it is attractively priced about 26% below the $1,899,000 median asking price in Mississauga. It has been on the market 12 days, fresher than the Mississauga average of 56 days.

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Description

Exceptional Development Opportunity in Prestigious South Mississauga! Situated on an impressive 50 x 187 ft lot, this property offers a rare opportunity to build your dream home in one of Mississauga's most desirable and established neighbourhoods, surrounded by stunning multi-million-dollar residences. Save valuable time and development costs with approved building permits for an approximately 4,000 sq. ft. custom luxury residence! All architectural plans, drawings, and approved permits are included, allowing the new owner to move forward with their vision without the lengthy planning and approval process. The existing home features 2 bedrooms, 2 washrooms, a kitchen, and 5 principal rooms, offering flexibility for use while preparing for redevelopment. The expansive 187 ft deep lot provides exceptional space and endless possibilities for creating a truly remarkable custom estate.Steps to lake ontario and rattray marsh (id:66096)

Property Details

MLS®: W14109398
Property Type: Single Family
Zoning: R2
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 50 × 187 ft (9,350 sq ft)
Frontage: 50 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership

Rooms

Main level

Living room: 5.23 x 3.35 meters
Dining room: 3.3 x 2.79 meters
Kitchen: 4.78 x 2.31 meters

Second level

Bedroom: 3.94 x 3.07 meters
Bedroom: 3.43 x 2.31 meters

Basement

Recreational, Games room: 4.7 x 3.05 meters
Laundry room: 3.2 x 2.82 meters
Workshop: 3.2 x 2.82 meters
Utility room: 3.15 x 2.67 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Foundation: Block
Exterior: Brick
Lot Features: Wooded area

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Mississauga (Clarkson) listings, avg age

56d

Price / ft²

$1,556

List price

$1.40M

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 2-bed single family in Mississauga (Clarkson) has been listed for 12 days, which is 44 days fresher than the city average of 56. Act while there is still low competition.

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Listed by RE/MAX GOLD REALTY INC. · SAJAD AL-ALI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5J)

This home lists at $1,400,000, about 13.1× the local median household income of $107,000.

Carrying it typically needs a household income of about $273,469 (20% down, 25-yr amortization, stress-tested) — roughly 156% above the area median.

Median household income: $107,000
Population: 28,208
Median age: 43.2
Owner / renter: 74% / 26%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L5J)

$1,400,000· $1,556/ft²

For sale

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Full Cost Breakdown

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Down Payment8.21% · $115,000.00

Min 8.21%50%

Mortgage payment$7,124/mo

↳ CMHC premium ($51,400 capitalized)

Property tax (est.)$570/mo

Total monthly$7,695

Cash Needed to Close

Down payment (8.21%)$115,000

Land transfer tax$24,475

Est. closing costs$6,700

Total cash needed$146,175

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