Overview

This retail property in Mississauga is for sale offering roughly 9,560 sq ft of space. It has been on the market 28 days, fresher than the Mississauga average of 59 days.

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Description

55ft x 175ft double lot. Ideal for private bussiness practice law/ medical/ most retail use. Development Opportunity to build premium town homes along Cayuga ave or C4-43 Commercial Zoning with grandfathered 6-storey height potential and buildable space. Flexible development possibilities including freehold stacked townhomes, commercial/retail uses with apartments above, office, and other permitted uses. (id:66096)

Property Details

MLS®: W13876388
Property Type: Retail
Zoning: C4-43 Main Street Commercial
Bathrooms: 2
Parking: 6
Interior Size: 9,560 ft²
Lot Size: 55 × 175 ft (9,560 sq ft)
Frontage: 55 ft
Heating: Hot water radiator heat, Natural gas
Cooling: Fully air conditioned
Property Tax: $44,718.92/yr
Listed: 28 days ago

Market Timing

Days on market

28d

Mississauga (Port Credit) listings, avg age

59d

Price / ft²

$314

List price

$3.00M

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 retail in Mississauga (Port Credit) has been listed for 28 days, which is 31 days fresher than the city average of 59. Act while there is still low competition.

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Area context

Neighbourhood profile (L5G)

This home lists at $2,999,900, about 31.6× the local median household income of $95,000.

Carrying it typically needs a household income of about $585,985 (20% down, 25-yr amortization, stress-tested) — roughly 517% above the area median.

Median household income: $95,000
Population: 20,714
Median age: 45.2
Owner / renter: 57% / 43%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L5G)

$2,999,900· $314/ft²

For sale

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Financing

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298 Lakeshore Road East, Mississauga (Port Credit) - Retail for Sale

Description

Property Details

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Market Timing

Location

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Neighbourhood profile (L5G)

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