$1,299,000Asking Price
Prime Port Credit Redevelopment Opportunity! Exceptional 50 X 120 Ft Corner Lot In The Heart Of Port Credit Village With Versatile RM4-64 Zoning. This Highly Sought-After Location Supports Multiple Redevelopment Options Including Semi-Detached Homes, A Block Of 3-4 Townhomes, Or Stacked Townhome (Subject To Approvals).The Existing Home, Featuring Original Hardwood And Updated Bathrooms, Is Move-In Ready And Offers Immediate Rental Or Holding Potential While You Plan Your Project. *Seller Is Willing To Leaseback If Desired. Projected ROI: Build A Semi-Detached For Approx. $1.0M-$1.1M Per Side With Resale Values Averaging $1.7M$1.8M Per Unit. Significant Upside In A Rapidly Evolving Neighbourhood (*Based On Current Market Assumptions, Not To Be Relied Upon As Statements Of Fact). Steps To Lake Ontario, Scenic Parks, Waterfront Trails, Boutique Shops, Restaurants, GO Station, And Major Highways. This Property Offers Location, Flexibility, And Excellent Future Returns. *Some Photos Are Exterior Virtual Renderings **Ask Listing Agent For Estimated ROI Worksheets.
Prime Port Credit Redevelopment Opportunity! Exceptional 50 X 120 Ft Corner Lot In The Heart Of Port Credit Village With Versatile RM4-64 Zoning. This Highly Sought-After Location Supports Multiple Redevelopment Options Including Semi-Detached Homes, A Block Of 3-4 Townhomes, Or Stacked Townhome (Subject To Approvals).The Existing Home, Featuring Original Hardwood And Updated Bathrooms, Is Move-In Ready And Offers Immediate Rental Or Holding Potential While You Plan Your Project. *Seller Is Willing To Leaseback If Desired. Projected ROI: Build A Semi-Detached For Approx. $1.0M-$1.1M Per Side With Resale Values Averaging $1.7M$1.8M Per Unit. Significant Upside In A Rapidly Evolving Neighbourhood (*Based On Current Market Assumptions, Not To Be Relied Upon As Statements Of Fact). Steps To Lake Ontario, Scenic Parks, Waterfront Trails, Boutique Shops, Restaurants, GO Station, And Major Highways. This Property Offers Location, Flexibility, And Excellent Future Returns. *Some Photos Are Exterior Virtual Renderings **Ask Listing Agent For Estimated ROI Worksheets.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Foyer | Main | 8.99' x 6.86' | Tile Floor, Closet, 2-PieceBath |
2 | Den | Main | 7.78' x 10.99' | Laminate, Large Window, Overlooks Frontyard |
3 | Kitchen | Main | 10.37' x 9.02' | Vinyl Floor, Walkout To Garden, Large Window |
1 2-Piece Bathroom on Main Floor | ||||
1 5-Piece Bathroom on Upper | ||||
1 3-Piece Bathroom on Lower |
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Port Credit, Mississauga is a west GTA neighbourhood notable for its singles, renters, executives, business and education, law & public sector professionals and salespeople. Residents tend to be older with a significant number of adults aged 30 to 44, 30 to 44, 30 to 44 and 30 to 44 and seniors aged 65 to 74.
Kids Per Family
0.8
kids per family
in the neighbourhood.
54%
of residents are
single and loving it.
54% singles
Mississauga (44%)
65%
of residents
are renters.
65% renters
Mississauga (29%)
40%
of residents are
university grads.
40% university grads
Mississauga (45%)Average Household Income
$112K
is the average household
income in the neighbourhood.
Professions
Sales | 16% |
Business | 13% |
Management | 9% |
Government | 8% |
Trades | 7% |
34%
of residents were
born outside of Canada.
34% immigrants
Mississauga (56%)4.0% from UK
All-time
0.7% from Egypt
Recent
Foreign Languages
Polish | 4% |
Arabic | 2% |
French | 2% |
Spanish | 2% |
Italian | 1% |
Religions
Christian | 65% |
Muslim | 4% |
Hindu | 2% |
Jewish | 1% |