$1,225,000Asking Price
16 Ontario St W
Streetsville, Mississauga
Prime location- Just two houses away from the main road in the village and vacant. 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. 16 Ontario St W is vacant. 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
Prime location- Just two houses away from the main road in the village and vacant. 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. 16 Ontario St W is vacant. 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
See MoreKey Info
- Bungalow Detached
- 6-Car Private Double Driveway
- No Garage
- Queen and Ontario St W
- Basement: Apartment, Separate Entrance
- 1 + 1 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 60.09 x 100.15 Feet
- Taxes were $4,980 in 2024
- Possession: Flexible - TBA
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #W9382973
- SUTTON GROUP - SUMMIT REALTY INC.
Extras
- Buy both homes side by side 12 and 16 Ontario St W from the same owner and build something very special!
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Living Room | Main | 15.45' x 10.53' | Laminate, Open Concept, Picture Window |
| 2 | Kitchen | Main | 13.16' x 9.88' | Laminate, Renovated, Walkout To Deck |
| 3 | Primary Bedroom | Main | 10.17' x 12.17' | Laminate, O/Looks Garden, Closet |
| 4 | 2nd Bedroom | Main | 8.56' x 10.86' | Laminate, O/Looks Backyard, Closet Organizers |
| 5 | Kitchen | Basement | 27.56' x 10.86' | Laminate, Renovated, Combined W/Living |
| 6 | Living Room | Basement | 27.59' x 10.86' | Laminate, 3-PieceBath, Open Concept |
| 7 | 3rd Bedroom | Basement | 8.53' x 10.83' | Laminate, Window |
 | 1 4-Piece Bathroom in Basement | |||
| 1 3-Piece Bathroom on Main Floor | |||
How Far is Too Far?
See personalized commute details for each listing by adding your favourite places (like work or daycare) and mode of travel.
Sign up to see commute timesAlready signed up? Sign in
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.
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.
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
3.0% from Philippines
All-time
Birthplace - Recent
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% |
