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$1,189,000
Mississauga
19 Troy Street, Mississauga (Mineola), Ontario, L5G1S6
This multi-family property in Mississauga is for sale offering roughly 1,750 sq ft of space. It has been on the market 7 days, fresher than the Mississauga average of 60 days.
Amazing investment opportunity! Fully renovated legal duplex in one of Mississauga's highest-demand neighbourhoods. This turnkey income-producing home offers potential gross annual revenue of up to $$84,000, Main floor unit #1 - Income Potential $2400/month, $28,800/year. Main floor unit #2 - Income Potential $2,200/month, $26,400/year. Basement unit #1 - Income Potential $1,200/month, $14,400/year. Basement unit #2 - Income Potential $1,200/month, $14,400/year. Annual gross income potential $84,000. Positioned just steps from the Port Credit GO Station, the property benefits from premium transit connectivity and long-term appreciation potential in a rapidly developing neighbourhood. Features include 3 front parking spaces, plus a single-car garage with attached storage/workshop totaling approximately 800 sq ft. A rare opportunity to acquire a fully updated, low-maintenance duplex in a premier location with strong rental demand and exceptional upside. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 7 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 6-bed multi-family in Mississauga (Mineola) has been listed for 7 days, which is 53 days fresher than the city average of 60. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,189,000, about 12.5× the local median household income of $95,000.
Carrying it typically needs a household income of about $232,253 (20% down, 25-yr amortization, stress-tested) — roughly 144% above the area median.
Source: Statistics Canada, 2021 Census (FSA L5G)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
