One 23 foot semi-detached lot with the opportunity to build 3 units. This is a rare opportunity to secure a premium vacant lot in the heart of Port Credit with approved plans for a Montbeck Developments project. The offering includes attached plans, renderings, and floorplans outlining a clearly defined three unit development featuring approximately 3050sq ft of finished above-grade living space including a detached garden suite, and a fully self-contained lower-level two-bedroom apartment of approximately 1,325 sq.ft. This is a high-value opportunity to execute a thoughtfully designed redevelopment in one of Mississauga's most desirable waterfront communities. Ideally positioned steps to the lake and moments from Brightwater, Port Credit Village, and the GO station, with walkable access to restaurants, cafes, Farm Boy, LCBO, pharmacy, medical offices, everyday conveniences, and quick highway access to downtown Toronto. Income-focused redevelopment opportunity with street-level assembly potential, as 19 Broadview is listed concurrently with 43 Broadview, allowing builders and investors to pursue a coordinated redevelopment of up to 12 units, subject to approvals. Conceptual Montbeck-built redevelopment supports compelling rental economics, with estimated market rents of approximately $5,000/month for the upper residence, $3,000/month for the lower-level suite, and $3,000/month for the detached garden suite, totaling approximately $11,000/month per semi when stabilized. Figures are illustrative only. Buyer to verify zoning, approvals, measurements, severance status, and development details. (id:66096)
Property Details
MLS®
W14084332
Property Type
Vacant Land
Bathrooms
0
Lot Size
23 × 200 ft (4,608 sq ft)
Frontage
23 ft
Property Tax
$1/yr
Listed
19 days ago
Services
Utilities
Sewer, Electricity, Cable
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
19d
Mississauga (Port Credit) listings, avg age
62d
List price
$899K
Active: 19 days on market, against an average age of 62 days across the listings currently for sale in this city
Market timing · days on market0 → 62d avg age of current listings
Active · day 19
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 vacant land in Mississauga (Port Credit) has been listed for 19 days, which is 43 days fresher than the city average of 62. Act while there is still low competition.
Listed by RE/MAX ESCARPMENT REALTY INC. · PETER PHILIP PAPOUSEK
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (L5H)
This home lists at $899,000, about 6.5× the local median household income of $139,000.
Carrying it typically needs a household income of about $175,606 (20% down, 25-yr amortization, stress-tested) — roughly 26% 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)
$899,000
For sale
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