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$1,175,000
Mississauga
58 RUTLEDGE Road, Mississauga (Streetsville), Ontario, L5M1H4
This 3-bedroom, 2-bathroom home in Mississauga is for sale offering roughly 1,750 sq ft of space. Listed at $1,175,000, it is attractively priced about 6% below the $1,244,000 median asking price in Mississauga. It has been on the market 10 days, fresher than the Mississauga average of 60 days.
*OPEN HOUSE SUNDAY NOV 1 (1PM TO 3PM)*OPPORTUNITY IN PRESTIGIOUS STREETSVILLE! Discover the incredible potential of this exceptional approx. 95 x 133 ft lot in one of Mississauga's most desirable and rapidly evolving neighbourhoods! Surrounded by luxury custom homes and multi-million-dollar residences, this unique property is a prime opportunity for investors, builders, developers, and homeowners looking to create something extraordinary. The existing home features 2+1 bedrooms, 2 bathrooms, and approx. 1,200 sq ft of above-grade living space, PLUS a valuable GARDEN SUITE offering an additional approx. 600 sq ft with 1 bedroom, 1 bathroom, sauna, and potential kitchen - ideal for extended family, flexible living arrangements, or potential rental income. THE POSSIBILITIES ARE EXCITING! The seller has already invested in architectural drawings exploring multiple redevelopment concepts, including a potential 5- or 6-unit multiplex, garden suite expansion, a luxury custom home with a 3-car garage, or severance into TWO premium lots (subject to applicable approvals and buyer's due diligence). With its impressive frontage, generous lot depth, and sought-after location, opportunities like this are increasingly rare! Just minutes from charming Streetsville Village, excellent schools, GO Transit, major highways, parks, trails, shopping, and everyday amenities. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 10 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 3-bed single family in Mississauga (Streetsville) has been listed for 10 days, which is 50 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 $1,175,000, about 10.0× the local median household income of $118,000.
Carrying it typically needs a household income of about $229,519 (20% down, 25-yr amortization, stress-tested) — roughly 95% above the area median.
Source: Statistics Canada, 2021 Census (FSA L5M)
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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