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$1,275,000Asking Price

12 Ontario St

Streetsville, Mississauga

Detached
3
Bedrooms
2
Baths
6
Parking
Day on Market

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

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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

Key Info

  • 1.5-Storey Detached
  • 6-Car Private Double Driveway
  • No Garage
  • Queen 5t and Ontario St W
  • Partially Finished Basement
  • 1 + 1 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 60.7 x 100 Feet
  • Brick Exterior
  • Taxes were $5,481 in 2024
  • Possession: Flerible- TBA

Details

  • No Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #W9382926
  • SUTTON GROUP - SUMMIT REALTY INC.

Extras

  • 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!
Room Floor Dimensions Details
1 Living Room Main 12.50' x 13.81' Laminate, Picture Window, Combined W/Dining
2 Dining Room Main 12.50' x 13.81' Laminate, Combined W/Living, Open Concept
3 Kitchen Main 13.68' x 11.29' Laminate, Renovated, Walkout To Deck
4 Primary Bedroom Main 13.62' x 11.29' Laminate, Picture Window, Closet
5 2nd Bedroom Main 13.19' x 14.01' Laminate, Large Window, Closet
6 Kitchen 2nd 9.91' x 11.38' Ceramic Floor, O/Looks Frontyard
7 Living Room 2nd 16.73' x 13.19' Laminate, Window
8 Primary Bedroom 2nd 13.88' x 13.29' Laminate, Window, 3-PieceBath
9 Laundry 2nd 5.18' x 3.28' Window
10 Laundry Basement 33.40' x 22.80' Window
Washroom1 3-Piece Bathroom on 2nd Floor
Washroom1 4-Piece Bathroom on Main Floor

Who lives here?

Streetsville, Mississauga is a west GTA neighbourhood notable for its executives, education, law & public sector professionals, salespeople and tradespeople. Residents tend to be older with a significant number of adults aged 35 to 44, 35 to 44 and 35 to 44 and seniors aged 65 to 69.

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

Mississauga  (1.4)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

44% of residents are
single and loving it.

44% singles

Mississauga (44%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

28% of residents
are renters.

28% renters

Mississauga (29%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

42% of residents are
university grads.

42% university grads

Mississauga (45%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$121K

is the average household
income in the neighbourhood.

Mississauga  ($125K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 16%
Business 12%
Management 9%
Trades 9%
Government 7%

Immigrants

42% of residents were
born outside of Canada.

42% immigrants

Mississauga (56%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Philippines was once home to 3.0% of immigrants.
India 2.9%
China 2.9%
Portugal 2.8%
UK 2.7%

3.0% from Philippines
All-time

Birthplace - Recent

India was once home to 1.4% of immigrants.
Nigeria 0.9%
China 0.7%
Philippines 0.5%
Pakistan 0.5%

1.4% from India
Recent

Foreign Languages

Foreign Languages

Portuguese 3%
Mandarin 3%
Arabic 3%
Spanish 3%
Polish 2%

Religions

Religions

Christian 71%
Hindu 3%
Muslim 3%
Buddhist 2%
Sikh 1%