75 Thomas St
Streetsville, Mississauga, L5M 1Y6
FOR SALE
$2,050,000
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Property Description
** Prime Development Opportunity in Streetsville!** Seize this rare chance to invest in a prime piece of real estate at 75 Thomas Street in the heart of Streetsville. This property, with a lot size of 61 ft by 171 ft and 86 ft wide in the rear, is a developers dream, offering exceptional potential for a new development project. Located just steps away from the Streetsville GO Station and vibrant Downtown Streetsville, this location provides unparalleled convenience and connectivity. The area has seen significant development, with new projects springing up all around, including directly across the street. Multiple properties adjacent to 75 Thomas Street are also available, presenting a unique opportunity for developers. This prime location ensures high visibility and easy access, making it an ideal spot for residential, commercial, or mixed-use development. Don't miss out on this exceptional investment opportunity in this highly sought after area!
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Extras
Other properties adjacent to this lot are for sale, creating over 1 acre of prime land to develop.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
61' x 170'
Fronting
North
Taxes
$6,590 (2024)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
Attached
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Mississauga Market Statistics
Mississauga Price Trend
75 Thomas St is a 2-bedroom 1-bathroom home listed for sale at $2,050,000, which is $600,000 (41.4%) higher than the average sold price of $1,450,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in Mississauga increased by $141,250 (10.8%) compared to the previous 30 day period (September 21 - October 20) and up $329,500 (29.4%) from the same time one year ago.Inventory Change
There were 11 2-bedroom homes listed in Mississauga over the last 30 days (October 21 - November 19), which is up 10.0% compared with the previous 30 day period (September 21 - October 20) and up 37.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Mississauga typically sold $23,400 (1.6%) above asking price over the last 30 days (October 21 - November 19), which represents a $189,087 increase compared to the previous 30 day period (September 21 - October 20) and ($24,480) more 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 2-bedroom homes in Mississauga over the last 30 days (October 21 - November 19) stood at 27.3%, down from 40.0% over the previous 30 days (September 21 - October 20) and down from 62.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Mississauga stood at 66 days when successfully sold over the last 30 days (October 21 - November 19), compared to 38 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Experts
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