1168 Stavebank Road, Mississauga, ON L5G 2V2

$2,890,850
6
BD
4
BA
2,000
SqFt

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List Price
$2,890,850
MLS#
W13673330
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
Bungalow
Bedrooms
6
Bathrooms
4
Living Area
2000-2500
Province
ON
Municipality
Mississauga
Area
Peel
Neighborhood
Mineola
Subdivision
Lakeshore Rd. W. & Mississauga Rd.

Property Description

Positioned Within The Prestigious Enclave Of Mineola West, 1168 Stavebank Rd Presents An Exceptional & Highly Strategic Opportunity For Builders, Developers, Investors & Discerning End Users Alike. Set On A Remarkable 121.17 X 200.92 Ft Riverfront Lot Backing Directly Onto The Credit River, This Expansive Property Offers The Frontage, Depth & Natural Setting Required To Create A Landmark Custom Residence, Explore Potential Severance Opportunities (Subject To Approvals), Or Establish A Pvt Estate Of Distinction. Opportunities Of This Scale Are Becoming Increasingly Rare In Mineola, Where Strong Land Values Continue To Drive Luxury Redevelopment Throughout The Neighbourhood. Surrounded By An Impressive Collection Of Newly Built Homes, Many Exceeding 4,000 Sqft, The Property Is Enhanced By Mature Trees, Tranquil River Views & An Elegant Streetscape, Creating An Extraordinary Canvas For A Future Showpiece Designed For Premium Long-Term Value. For End Users, The Lifestyle Offering Is Equally Compelling. This Is A Rare Chance To Secure River-Backed Land In One Of Mississauga's Most Coveted Communities, W/ The Flexibility To Renovate, Hold As An Investment, Or Build A Custom Home Tailored To Exact Preferences. The Peaceful Natural Backdrop, Combined W/ The Stability & Prestige Of An Established Neighbourhood, Creates An Ideal Setting For Refined Family Living. The Property Is Currently Improved W/ A Well-Maintained Legal Duplex, Providing Immediate & Reliable Holding Income. Each Self-Contained Unit Features A Functional Layout W/ Strong Rental Appeal, Supported By Consistent Tenant Demand Within This Highly Sought-After Pocket. Investors Can Generate Cash Flow Today While Thoughtfully Planning Future Redevelopment. Just Minutes From Port Credit's Vibrant Waterfront, Marina, Restaurants, Boutiques & GO Transit, W/ Access To The QEW & Downtown Toronto, This Address Effortlessly Combines The Serenity Of Riverfront Living W/ The Convenience Of Exceptional Urban Connectivity.

Additional Information

Taxes
$17,782
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Rooms
14
Kitchens
2
Exterior
Stucco (Plaster)
Garage Type
None
Pool
None
Parking Spaces
8
Parking Type
Circular Drive

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX REALTY ENTERPRISES INC..