Overview

This lot in Mississauga is for sale offering roughly 2,250 sq ft of space. It has been on the market 57 days, fresher than the Mississauga average of 62 days.

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Description

Rare development opportunity in the highly sought-after Port Credit neighbourhood. Conditional severance has already been approved, allowing for the construction of two luxury semi-detached homes, each offering over 2,500 sq. ft. The existing structure has already been demolished and all municipal fees have been paid. The buyer will be responsible for development charges. No interior showings are available; appointments can be arranged to walk the lot. (id:66096)

Property Details

MLS®: W13755284
Property Type: Vacant Land
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Bathrooms: 0
Parking: 7
Interior Size: 2,250 ft²
Lot Size: 50 × 110 ft (5,511 sq ft)
Frontage: 50 ft
Basement: None
Garage: Garage, Carport
Property Tax: $6,358.26/yr
Listed: 57 days ago

Market Timing

Days on market

57d

Mississauga (Port Credit) listings, avg age

62d

Price / ft²

$444

List price

$999K

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 57 days, which is 5 days fresher than the city average of 62. Act while there is still low competition.

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Area context

Neighbourhood profile (L5G)

This home lists at $999,000, about 10.5× the local median household income of $95,000.

Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 105% 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)

$999,000· $444/ft²

For sale

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Financing

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52 Forest Avenue, Mississauga (Port Credit) - Vacant Land for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L5G)

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