$3,588,000Asking Price
A rare chance to secure a substantial 0.531-acre parcel in the East Credit community, one of Mississauga's most established and vibrant neighbourhoods. The Committee of Adjustment granted consent approval to divide the existing parcel into six residential lots, permitting the development of three pairs of semi-detached homes. This represents a significant planning milestone and positions the property for strategic redevelopment. The approved configuration includes five lots with 9.0 metre frontages and approximately 342.90 square metres each, and one corner lot with an 11.23 metre frontage and approximately 420 square metres. Zoned RL, the property permits both detached and semi-detached dwellings, providing flexibility in design and end-user positioning. Ideally located minutes from Streetsville GO Station, Erin Mills Town Centre, and Credit Valley Hospital, and within close proximity to highly regarded schools including St. Aloysius Gonzaga Secondary School, this location supports strong resale fundamentals. Convenient access to Highways 401 and 403, along with trails along the Credit River, further enhances long-term appeal. With consent approval secured, this offering presents a compelling opportunity for builders and investors seeking scale, flexibility, and a strategic position within one of Mississauga's most established neighbourhoods.
A rare chance to secure a substantial 0.531-acre parcel in the East Credit community, one of Mississauga's most established and vibrant neighbourhoods. The Committee of Adjustment granted consent approval to divide the existing parcel into six residential lots, permitting the development of three pairs of semi-detached homes. This represents a significant planning milestone and positions the property for strategic redevelopment. The approved configuration includes five lots with 9.0 metre frontages and approximately 342.90 square metres each, and one corner lot with an 11.23 metre frontage and approximately 420 square metres. Zoned RL, the property permits both detached and semi-detached dwellings, providing flexibility in design and end-user positioning. Ideally located minutes from Streetsville GO Station, Erin Mills Town Centre, and Credit Valley Hospital, and within close proximity to highly regarded schools including St. Aloysius Gonzaga Secondary School, this location supports strong resale fundamentals. Convenient access to Highways 401 and 403, along with trails along the Credit River, further enhances long-term appeal. With consent approval secured, this offering presents a compelling opportunity for builders and investors seeking scale, flexibility, and a strategic position within one of Mississauga's most established neighbourhoods.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 2-Piece Bathroom on Main Floor | ||||
| 2 3-Piece Bathrooms on Main Floor | ||||
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East Credit, Mississauga is a west GTA neighbourhood notable for its university grads, business and science professionals and salespeople. It has a higher than average population of immigrants, particularly those from India and Pakistan, and Arabic and Urdu speakers. Residents tend to be younger with a significant number of kids aged 10 to 14, youth aged 15 to 24 and adults aged 25 to 29, 25 to 29, 25 to 29 and 25 to 29.
Kids Per Family
1.7
kids per family
in the neighbourhood.
43%
of residents are
single and loving it.
43% singles
Mississauga (44%)
17%
of residents
are renters.
17% renters
Mississauga (29%)
51%
of residents are
university grads.
51% university grads
Mississauga (45%)Average Household Income
$143K
is the average household
income in the neighbourhood.
Professions
| Sales | 15% |
| Business | 13% |
| Sciences | 8% |
| Management | 7% |
| Trades | 7% |
64%
of residents were
born outside of Canada.
64% immigrants
Mississauga (56%)13.7% from India
All-time
2.0% from India
Recent
Foreign Languages
| Urdu | 9% |
| Arabic | 7% |
| Cantonese | 5% |
| Punjabi | 4% |
| Mandarin | 3% |
Religions
| Christian | 51% |
| Muslim | 17% |
| Hindu | 12% |
| Sikh | 4% |
| Buddhist | 4% |