12 Ontario St
Mississauga, Ontario, L5M 1S8
$ 1,085,000
12 Ontario St
$ 1,085,000
Mississauga, Ontario, L5M 1S8
Overview
Updated On:
March 12, 2025 10:43 AM
3 Bedrooms
2 Bathrooms
$ 1,085,000 Price
1500-2000 ft 2
Listing Description
Prime location- Just one house away from the main road in the village. 3 out of the 4 suites are vacant, providing flexibility for new leases and great income. 2 detached homes side by side available at 12 and 16 Ontario St. W. with slightly over 60 foot frontages from the same owner in the centre of Streetsville. Walking distance to Go Station, businesses, shops, pubs, & amenities. Upcoming plans for Cenre Plaza one block away will enhance the desirability & value of the 2 properties. Both homes feature 2 separate suites each. Only 1 out the 4 suites is rented and is in 12 Ontario and is smaller upper floor, on the month to month basis. 12 Ontario St W. previously served as a lawyer's office with living quarters upstairs, showing the potential for mixed-use. Investment Potential: With 2 rental units in each of the side by side homes, investors can collect rent from each unit, generating great revenue. Can potentially convert the 2 properties into a larger residential complex, or mixed-use development and the new more lenient building rules will suit the growing needs of the village. There are indeed numerous possibilities for this amazing property in such an ideal location
Address
Address: 12 Ontario St
City: Mississauga
State: Ontario
Zip: L5M 1S8
Area: Peel
Community: Streetsville
Directions: Queen St/Ontario St.W
Details
Property Id: W12006916
Property Type: Residential
Building Type: Detached
Property Style: 1 1/2 Storey
Price: $ 1,085,000
Property Size: 1500-2000 ft2
Bedrooms: 3
Bathrooms: 2
Rooms: 10
Structure Type: Brick
On Site: March 13, 2025
Additional Information
Tax: $ 5,481
Tax Year: 2024
Fireplace Features: Gas
Retirement: No
Kitchens: 1
Kitchens Plus: 1
Basement: Part Fin
Features
Map
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Listed by SUTTON GROUP - SUMMIT REALTY INC.
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