16 Ontario St W
Streetsville, Mississauga, L5M 1S8
FOR SALE
$1,125,000
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BEDROOMS2
BATHROOMS1 + 1
KITCHENS7
ROOMSW10407952
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Property Description
Vacant home! Two separate units in this bungalow which is side by side to another home with 2 units at 12 Ontario St W by same owner. 62 feet wide! With the new building rules, and mixed use development, garden suites etc. just imagine the possibilities! One house in from the main Queen St. Everything within total walking distance! Home is very clean and maintained. Flexible closings, next week or next year! Ample parking for 6 cars. Beautiful backyard, back deck and front porch. Move in ready for you to live there or an ideal opportunity for a builder or developer!!!! Houses are "on sale" now....when mortgage rates decrease even further, look out, as prices should increase! One could also Airbnb these 2 properties as Seller is willing to leave all furnishings and household contents for a "turn key" home.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-04 | 2024-10-28 | 24 | $1,225,000 | - | Terminated |
| 2021-01-19 | 2021-02-03 | 15 | $1,300 | - | Terminated |
Extras
Buy both homes side by side 12 & 16 Ontario St W from the same owner & build something very special! Houses are "on sale" now-dont wait long as prices may increase! These homes dont have to sell together. Flex closing, next wk or next year.
Nearby Intersections
Property Features
Cul De Sac, Grnbelt/Conserv, Hospital, Library, Park, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
61' x 100'
Lot Irregularities
Flat lot- 2 homes for sale side by side
Fronting
North
Taxes
$4,980 (2024)
Basement
Apartment, Sep Entrance
Exterior
Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Available
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.53' x 15.45' | Laminate, Open Concept, Picture Window |
| Kitchen | Main | 9.88' x 13.16' | Laminate, Renovated, W/O To Deck |
| Prim Bdrm | Main | 12.17' x 10.17' | Laminate, O/Looks Garden, Closet |
| 2nd Br | Main | 10.86' x 8.56' | Laminate, O/Looks Backyard, Closet Organizers |
| Kitchen | Bsmt | 10.86' x 27.56' | Laminate, Renovated, Combined W/Living |
| Living | Bsmt | 10.86' x 27.59' | Laminate, 3 Pc Bath, Open Concept |
| 3rd Br | Bsmt | 10.83' x 8.53' | Laminate, Window |
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Mississauga Market Statistics
Mississauga Price Trend
16 Ontario St W is a 3-bedroom 2-bathroom home listed for sale at $1,125,000, which is $13,089 (1.2%) lower than the average sold price of $1,138,089 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Mississauga increased by $5,540 (0.5%) compared to the previous 30 day period (September 21 - October 20) and up $44,365 (4.1%) from the same time one year ago.Inventory Change
There were 225 3-bedroom homes listed in Mississauga over the last 30 days (October 21 - November 19), which is down 15.1% compared with the previous 30 day period (September 21 - October 20) and up 21.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Mississauga typically sold ($18,381) (1.6%) below asking price over the last 30 days (October 21 - November 19), which represents a $9,253 increase compared to the previous 30 day period (September 21 - October 20) and ($17,600) 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 (October 21 - November 19) stood at 65.3%, up from 61.1% over the previous 30 days (September 21 - October 20) and up from 48.9% 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 21 days when successfully sold over the last 30 days (October 21 - November 19), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group - Summit Realty Inc.
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