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$1,250,000

5213 PALOMAR CRESCENT, Mississauga, Ontario, L5R 2W8

MLS® # W12690858

4+2 Beds

Baths

2500 - 3000  FEETSQ

QuickQuoteTM: $1.1M - $1.3M

Mississauga ON, L5R 2W8

MLS® # W12690858

Property Information:

Renovation Opportunity with Income! This detached home is a currently income-producing rental generating $5,600/month+Utilities, offering an excellent opportunity for investors or end-users looking to add value through renovations. Fantastic location-minutes to City Centre, Square One Mall, LRT, and major highways including 403, 401, 407 & QEW. The property features a double garage, 4+2 bedrooms, and a spacious, bright main living area. The finished basement includes a separate entrance, second kitchen, second laundry, and additional living space-ideal for extended family or future rental income.A strong investment opportunity with solid cash flow today and significant upside potential in the future. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Development: Finished
  • Basement Type: N/A, N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Floor Space: 2500 - 3000 sqft
  • Flooring Type: Hardwood
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dryer, Microwave, Stove, Washer, Refrigerator

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 4+2
  • Bathrooms: 4
  • Half Bathrooms: 1
  • Amenities Nearby: Hospital, Park, Public Transit, Schools
  • Fence Type: Fenced yard
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Irregular: Yes
  • Lot Depth: 112.2 Feet
  • Lot Frontage: 33.2 Feet
  • Lot Size: 33.3 x 112.3 FT
  • Zoning: Residential
  • Sewer: Sanitary sewer
  • Parking Type: Attached garage, Garage
  • No. of Parking Spaces: 7

Rooms:

  • Living Main Level 4.10 m x 3.50 m

Convert Measurement to:


Courtesy of: HOME AND BUSINESS REALTY

REALTOR.ca  

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Location of 5213 PALOMAR CRESCENT, Mississauga, Ontario, L5R 2W8

Demographic Information of 5213 PALOMAR CRESCENT, Mississauga, Ontario, L5R 2W8

Life Stage

Older Families

Employment Type

Service Sector/White Collar

Average Household Income

$126,254.72

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.84 %

High school certificate or equivalent

24.01 %

Apprenticeship trade certificate/diploma

4.24 %

College/non-university certificate

13.96 %

University certificate (below bachelor)

3.15 %

University Degree

38.81 %

Commuter

Travel To Work

By Car

81.34 %

By Public Transit

15.44 %

By Walking

0.14 %

By Bicycle

0.0 %

By Other Methods

3.08 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

13.41 %

Houses

86.59 %

Own Vs. Rent