3274 Mississauga Rd
Erin Mills, Mississauga, L5L 1J4
FOR SALE
$2,890,000
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Property Description
Attention Builders and Developers! An exceptional opportunity awaits with this prime building site. Conditional severance had already been approved for two lots in the past, offering flexibility and immense development potential. Architectural drawings for a luxurious 6,800 sq. ft. home are available, simplifying the development process. Currently, the property is tenanted at $3,000/month plus utilities, with tenants willing to stay or vacate, providing immediate rental income or a vacant site ready for your vision. This is an unmatched chance to develop in a desirable and evolving area. Whether you plan to build two modern homes or a single luxury residence, this property offers the foundation for a highly profitable venture. Proximity to UTM (University of Toronto Mississauga) Ideal for future tenants or buyers.Walking distance to essential amenities, including shopping, dining, and transit
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-06-01 | 2022-06-08 | 7 | $3,200 | - | Terminated |
| 2019-02-21 | 2019-03-06 | 13 | $2,600 | - | Terminated |
| 2019-01-02 | 2019-02-15 | 44 | $2,600 | - | Terminated |
| 2018-11-12 | 2019-01-02 | 51 | $2,600 | - | Terminated |
Extras
All Existing Appliances, ELF's & Window Coverings
Nearby Intersections
Dundas & Erin Mills (46)
Dundas & Mississauga (12)
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
100' x 191'
Fronting
West
Taxes
$8,007 (2023)
Basement
Fin W/O
Exterior
Stucco/Plaster
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 19.19' x 21.16' | Hardwood Floor, W/O To Deck |
| Kitchen | Main | 10.17' x 25.92' | Heated Floor, Eat-In Kitchen |
| Prim Bdrm | Main | 11.48' x 14.76' | Hardwood Floor |
| 2nd Br | Main | 11.48' x 12.47' | Hardwood Floor |
| 3rd Br | Main | 11.48' x 10.83' | Hardwood Floor |
| Dining | Lower | 11.91' x 18.37' | Broadloom, W/O To Yard |
| Family | Lower | 18.37' x 23.85' | Broadloom, Open Concept, W/O To Yard |
| Office | Lower | 8.20' x 17.88' | Broadloom |
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Mississauga Market Statistics
Mississauga Price Trend
3274 Mississauga Rd is a 3-bedroom 2-bathroom home listed for sale at $2,890,000, which is $1,751,911 (153.9%) higher 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 Re/Max Real Estate Centre Inc.
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