12 Ontario St W

FOR SALE
$1,085,000
12 Ontario St W, Mississauga
12 Ontario St W
12 Ontario St W
12 Ontario St W
12 Ontario St W
12 Ontario St W
12 Ontario St W
12 Ontario St W
12 Ontario St W
12 Ontario St W
12 Ontario St W
12 Ontario St W
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12 Ontario St W
12 Ontario St W
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12 Ontario St W
12 Ontario St W
12 Ontario St W
12 Ontario St W
12 Ontario St W
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3
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
10
ROOMS
W12006916
MLSID
Contact Us
Property Description
Prime location- Just one house away from the main road in the village. 3 out 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. Only 1 out the 4 suites is rented and is in 12 Ontario and is smaller upper floor, on the month to month basis. 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
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-05 2025-01-31 88 $1,099,000 - Expired
2024-10-04 2024-10-28 24 $1,275,000 - Terminated
2020-11-28 2020-12-22 24 $2,390 - Terminated
Nearby Intersections
Property Features
Cul De Sac, Hospital, Library, Park, Public Transit, School
Property Details
Community
Property Type
Detached, 1 1/2 Storey
Lot Size
61' x 100'
Lot Irregularities
Totally Flat Large Lot
Fronting
North
Taxes
$5,481 (2024)
Basement
Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Available
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain13.81' x 12.50'Laminate, Picture Window, Combined W/Dining
DiningMain13.81' x 12.50'Laminate, Combined W/Living, Open Concept
KitchenMain11.29' x 13.68'Laminate, Renovated, W/O To Deck
Prim BdrmMain11.29' x 13.62'Laminate, Picture Window, Closet
2nd BrMain14.01' x 13.19'Laminate, Large Window, Closet
Kitchen2nd11.38' x 9.91'Ceramic Floor, O/Looks Frontyard
Living2nd13.19' x 16.73'Laminate, Window
Prim Bdrm2nd13.29' x 13.88'Laminate, Window, 3 Pc Bath
Laundry2nd3.28' x 5.18'Window
LaundryBsmt22.80' x 33.40'Window
Mississauga Market Statistics
Mississauga Price Trend
12 Ontario St W is a 3-bedroom 2-bathroom home listed for sale at $1,085,000, which is $19,018 (1.7%) lower than the average sold price of $1,104,018 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Mississauga declined by $30,005 (2.6%) compared to the previous 30 day period (December 22 - January 20) and down $72,999 (6.2%) from the same time one year ago.
Inventory Change
There were 179 3-bedroom homes listed in Mississauga over the last 30 days (January 21 - February 19), which is up 123.8% compared with the previous 30 day period (December 22 - January 20) and up 46.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Mississauga typically sold ($15,926) (1.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $4,623 increase compared to the previous 30 day period (December 22 - January 20) and ($14,893) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Mississauga over the last 30 days (January 21 - February 19) stood at 51.4%, down from 60.0% over the previous 30 days (December 22 - January 20) and down from 85.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Mississauga stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group - Summit Realty Inc.
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16 Ontario St W, Mississauga
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ATTENTION Developers!!!!!! 2 homes for sale at 12 & 16 Ontario St W side by side homes! Prime location- Just 1 & 2 houses away from the main road in the village and vacant. 3 out of the 4 suites are vacant, providing flexibility for new leases and great income opportunities. Both have over 60 foot frontages are are owned by the same owner in the centre of Streetsville. Walking distance to Go Station, businesses, shops, pubs, & amenities. Upcoming plans for Centre 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
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