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12 Ontario St

Ontario StStreetsvilleMississaugaON, L5M 1S8

3
Beds
2
Baths
$1,275,000
List Price
12 Ontario St, Mississauga, ON - 1 of 3
12 Ontario St, Mississauga, ON - 2 of 3
12 Ontario St, Mississauga, ON - 3 of 3
New
1 day on market

Quick Summary

  • Prime location near main road
  • Flexible leasing with 3 vacant suites
  • Potential for mixed-use development
  • Ideal investment opportunity with rental units
  • Convenient walking distance to amenities
  • Upcoming plans to enhance desirability
  • Separate laundry rooms and entrances
  • Opportunity to acquire side-by-side homes

Prime location- Just one house away from the main road in the village. 3 our 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... Show More

Prime location- Just one house away from the main road in the village. 3 our 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 2 laundry rooms and seperate entrances. Buy both homes side by side 12 and 16 Ontario St W from the same owner and build something very special!

Property Details

Size

Sq. Ft. Not Available
10 total rooms
3 Beds
3 Above Grade
2 Baths

Parking

6 Parking Spaces
None

Build

Year Built
-
Model Name
-
Basement
Part Fin
Exterior
Brick
Foundation
-
Builder Name
-
Stories
-
Flooring
Laminate, Ceramic Floor
Roof
-

Heating & Cooling

Heating
Forced Air
Cooling
Central Air

Utilities

Water
-
Sewer
Sewers
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Rooms

Living

13′9″ x 12′6″

Dining

13′9″ x 12′6″

Kitchen

11′3″ x 13′8″

Prim Bdrm

11′3″ x 13′7″

2nd Br

14′0″ x 13′2″

Kitchen

11′4″ x 9′10″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$5,481.1

Source

Listing Brokerage

MLS® Listing
W9382926
Last Updated
October 5, 2024
Brokerage
SUTTON GROUP - SUMMIT REALTY INC.
Call us 800-591-0566

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