1631 Eglinton Avenue
Erin Mills, Mississauga, L5M 7C1
FOR SALE
$1,490,000
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Property Description
VERY RARE LAND OPPORTUNITY OVERLOOKING THE CREDIT RIVER. Take advantage of The City of Mississauga / Region of Peel and Provincial Government Development charge reductions and Deferral / Grant programs, Multi-residential tax charge reductions and the Ontario Government HST rebate program. Incredible opportunity to capitalize on multiple Municipal and Provincial programs. There is the opportunity to sever the lot, as well as the possible construction of a single, semi, triplex or fourplex residential/rental structure on the site, based on preliminary discussions with the City of Mississauga. Seller is willing to consider a 5 year Vendor Take Back mortgage and is open to proposals from Developers and Investors to build now or hold for later development. The site is surrounded by parks, trails, fishing, and easy access to shopping, transportation routes and schools. You can hear the Credit River running from your backyard !! The current 2-bedroom structure needs to be removed, thus the property is being sold "as is where is". Site is serviced and easily accessible for demolition and construction.
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Nearby Intersections
Property Features
Greenbelt/Conservation, Ravine, River/Stream, Wooded/Treed, None, Private
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Property Details
Address
1631 Eglinton Avenue
Community
City
Postal Code
L5M 7C1
Property Type
Detached, Detached
Zoning
G RESIDENTIAL
Lot Size
90' x 231'
Taxes
$9,315 (2025
Basement
None
Heat Type
Other
Heat Source
Other
Water
Municipal
Garage Type
None
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Listing contracted with Royal Lepage Elite Realty
One of Mississauga's few legally established standalone professional office properties, combining existing office approval, freehold ownership, exceptional exposure and long-term investment potential. Perfectly positioned on highly visible Cawthra Rd, this property allows you to own your business premises while building equity instead of paying commercial rent. The existing Zoning Certificate of Occupancy permits office use throughout the entire existing building and remains valid for a new owner provided the use continues as an office, offering certainty and immediate occupancy for a wide range of office-based businesses. Offering approximately 1400 sq. ft. of functional office space, the property features six private offices, a reception area, kitchen, washroom and ample storage, providing an efficient and flexible layout for a variety of professional practices. Ideal for insurance brokerages, law firms, accounting practices, financial advisors, mortgage brokerages, engineering and architectural firms, real estate brokerages, consultants, planners, designers and other professional office users. Enjoy the independence of a standalone property with prominent street presence, excellent signage opportunities and ample on-site parking. Situated on one of Mississauga's primary north-south arterial roads, the property benefits from exposure to thousands of passing vehicles daily, delivering brand visibility that cannot be replicated within a traditional office complex. Conveniently located minutes from the QEW, Highways 403 & 427, Pearson International Airport, Mississauga City Centre and the GTA's major business corridors. Ideal for owner-occupiers and investors alike, this property offers the opportunity to eliminate lease payments, build equity and secure a highly visible long-term business location. Properties offering this combination of legal office use, standalone ownership, exposure and accessibility seldom become available.
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