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$1,085,000

12 ONTARIO STREET W, Mississauga, Ontario, L5M 1S8

QuickQuoteTM: Not Available
MLS® # W12006916

3 Beds

2 Baths

1499.9875 - 1999.983 FEETSQ sqft

Property Information:

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 (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Development: Partially finished
  • Basement Type: N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Floor Space: 1499.9875 - 1999.983 sqft
  • Flooring Type: Laminate, Ceramic
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Window Coverings

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3
  • Bathrooms: 2
  • Amenities Nearby: Hospital, Park, Schools, Public Transit
  • Features: Cul-de-sac, Flat site
  • Floor Space (approx): 1499.9875 - 1999.983 Square Feet
  • Irregular: Yes
  • Landscape Features: Landscaped
  • Lot Depth: 100.1 Feet
  • Lot Frontage: 61.3 Feet
  • Lot Size: 61.4 x 100.1 FT ; Totally Flat Large Lot
  • Structure Type: Deck, Porch, Shed
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Rooms:

  • Kitchen 2nd Level 3.02 m x 3.47 m
  • Living 2nd Level 5.10 m x 4.02 m
  • Primary Bedroom 2nd Level 4.23 m x 4.05 m
  • Laundry 2nd Level 1.58 m x 1.00 m
  • Laundry Basement Level 10.18 m x 6.95 m
  • Living Main Level 3.81 m x 4.21 m
  • Dining Main Level 3.81 m x 4.21 m
  • Kitchen Main Level 4.17 m x 3.44 m
  • Primary Bedroom Main Level 4.15 m x 3.44 m
  • 2nd Bedroom Main Level 4.02 m x 4.27 m

Convert Measurement to:


Courtesy of: SUTTON GROUP - SUMMIT REALTY INC.

REALTOR.ca  

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Location of 12 ONTARIO STREET W, Mississauga, Ontario, L5M 1S8

Demographic Information of 12 ONTARIO STREET W, Mississauga, Ontario, L5M 1S8

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$137,484.99

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.56 %

High school certificate or equivalent

24.54 %

Apprenticeship trade certificate/diploma

8.53 %

College/non-university certificate

20.18 %

University certificate (below bachelor)

1.78 %

University Degree

29.41 %

Commuter

Travel To Work

By Car

76.71 %

By Public Transit

9.4 %

By Walking

8.23 %

By Bicycle

0.0 %

By Other Methods

5.66 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

39.8 %

Houses

60.2 %

Own Vs. Rent