For Sale - 1631 Eglinton Avenue, Mississauga, Ontario

Est payment $7,155/mo
Views   3
Time on Jump  52 day
  • Rare land opportunity with stunning views of the Credit River.
  • Potential to sever the lot and build various residential structures.
  • Access to City and Provincial development charge reductions and grants.
  • Surrounded by parks, trails, and close to shopping and schools.
  • Current structure requires removal, ready for new development options.



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 serviced and 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 Sewer
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Listing Agency:  ROYAL LEPAGE ELITE REALTY

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1631 Eglinton Avenue
Mississauga , Ontario
$1,490,000
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