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Listed 3 months ago

1348 Hollyrood Avenue

Mineola, Mississauga

$1,499,900

Detached|2-Storey
4 | 2 | 3
About this home

Rare Land Opportunity! Prime lot located in one of Mississauga's most prestigious and established neighbourhoods. This property offers exceptional potential on its own or when purchased together with the adjoining property at 25 Mineola Rd E. Combined, the two lots present a unique opportunity for a potential 3 fourplex development (buyer to complete all due diligence with the City). Individually, 1348 Hollyrood Ave also offers the opportunity to build a semi-detached dwelling or custom build with city approvals in place. Surrounded by luxury homes and mature trees, this premium location is minutes to Port Credit GO Station, major highways including the Queen Elizabeth Way, top-rated schools, parks, and the vibrant Port Credit waterfront.Ideal for builders, investors, or end-users looking to create something special in a highly sought-after community. Rarely do opportunities of this scale and flexibility become available in Mineola. The existing property is tenanted in which potential investors can also carry on the tenant until they obtain city approvals.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$8,230
Lot Size75 ft x 100 ft
mls© NumberW13059042
Listed ByROYAL LEPAGE CERTIFIED REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,677
Property tax
$686
Heat allowance
$150
Housing costs
$8,513 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $299,980
25-yr amortization

Income needed

$262,000

gross annual household income

Payment at 4%
$6,312 / mo
Cash down
$299,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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