16 Ontario St
Mississauga, Ontario, L5M 1S8
$ 1,085,000
16 Ontario St
$ 1,085,000
Mississauga, Ontario, L5M 1S8
Overview
Updated On:
March 7, 2025 11:30 AM
3 Bedrooms
2 Bathrooms
$ 1,085,000 Price
Listing Description
ATTENTION Developers!!!!!! 2 homes for sale at 12 & 16 Ontario St W side by side homes! Prime location- Just 1 & 2 houses away from the main road in the village and vacant. 3 out of the 4 suites are vacant, providing flexibility for new leases and great income opportunities. Both have over 60 foot frontages are are owned by the same owner in the centre of Streetsville. Walking distance to Go Station, businesses, shops, pubs, & amenities. Upcoming plans for Centre Plaza one block away will enhance the desirability & value of the 2 properties. Both homes feature 2 separate suites each. 16 Ontario St W is vacant. 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: 16 Ontario St
City: Mississauga
State: Ontario
Zip: L5M 1S8
Area: Peel
Community: Streetsville
Directions: Queen and Ontario St W
Details
Property Id: W12006905
Property Type: Residential
Building Type: Detached
Property Style: Bungalow
Price: $ 1,085,000
Bedrooms: 3
Bathrooms: 2
Rooms: 8
Structure Type: Other
On Site: March 8, 2025
Additional Information
Tax: $ 4,980
Tax Year: 2024
Fireplace Features: Gas
Retirement: No
Kitchens: 1
Kitchens Plus: 1
Basement: Apartment
Features
Map
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Listed by SUTTON GROUP - SUMMIT REALTY INC.
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