1631 Eglinton Avenue W, Mississauga, ON L5M 7C1
- $1,490,000
- 700
- SqFt
- List Price
- $1,490,000
- MLS#
- W13467668
- Status
- ACTIVE
- Type
- Single Family Residential
- SubType
- Detached
- Style
- Other
- Living Area
- 700-1100
- Province
- ON
- Municipality
- Mississauga
- Area
- Peel
- Neighborhood
- Erin Mills
- Subdivision
- Eglinton & Mississauga Rd.
Property Description
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.
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Additional Information
- Taxes
- $9,315
- Heat Type
- Other
- Heat Source
- Other
- Air Conditioning
- None
- Exterior
- Brick
- Waterfront Type
- Indirect
- Garage Type
- None
- Pool
- None
- Parking Type
- Private
Mortgage Calculator
Listing courtesy of ROYAL LEPAGE ELITE REALTY.