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Mineola, Mississauga
$1,499,900
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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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $8,230 |
| Lot Size | 75 ft x 100 ft |
| mls© Number | W13059042 |
| Listed By | ROYAL 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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