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    For Sale - 1631 Eglinton Avenue, Mississauga, Ontario

    Est payment $7,155/mo
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    Views   4
    Time on Jump  111 day

    AI Summary *

    • Rare land opportunity overlooking the Credit River with great potential.
    • Access to various development charge reductions and grant programs.
    • Possibility to sever the lot or build residential units as discussed.
    • Surrounded by parks, trails, and convenient access to amenities.
    • Current structure is ready for demolition, facilitating new construction.




    Very rare land opportunity overlooking the credit river. Take advantage of the city of mississauga / region of peel and provincial government development charge reductions and deferral / grant programs, multi-residential tax charge reductions and the ontario government hst rebate program. Incredible opportunity to capitalize on multiple municipal and provincial programs. There is the opportunity to sever the lot, as well as the possible construction of a single, semi, triplex or fourplex residential/rental structure on the site, based on preliminary discussions with the city of mississauga. Seller is willing to consider a 5 year vendor take back mortgage and is open to proposals from developers and investors to build now or hold for later development. The site is surrounded by parks, trails, fishing, and easy access to shopping, transportation routes and schools. You can hear the credit river running from your backyard !! The current 2-bedroom structure needs to be removed, thus the property is being sold "as is where is". Site is easily accessible for demolition and construction.
    Listing IDW13467668
    Address1631 Eglinton Avenue
    CityMississauga, Ontario
    Price$1,490,000
    StyleOther, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features NoneAmenities Greenbelt/Conservation, Ravine, River/Stream, Wooded/TreedOwnership FreeholdWaterfront IndirectBasement NoneFoundation Concrete BlockHeating / Cooling OtherHeating Fuel OtherSewer Other

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    Listing Brokerage: ROYAL LEPAGE ELITE REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1631 Eglinton Avenue
    Mississauga , Ontario
    $1,490,000
    Get more info