1631 Eglinton Avenue W Mississauga, Ontario L5M 7C1

$1,590,000

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. (id:61215)

Property Details

MLS® Number	W13049354
Property Type	Single Family
Community Name	Erin Mills
Features	Wooded Area, Ravine, Conservation/green Belt

Building

Basement Type	None
Construction Style Attachment	Detached
Cooling Type	None
Exterior Finish	Brick
Foundation Type	Block
Heating Fuel	Other
Heating Type	Other
Size Interior	700 - 1,100 Ft2
Type	House
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	231 Ft ,3 In
Size Frontage	90 Ft
Size Irregular	90 X 231.3 Ft ; 36.1x58.02x177.04x90.13x198.79
Size Total Text	90 X 231.3 Ft ; 36.1x58.02x177.04x90.13x198.79|under 1/2 Acre
Surface Water	River/stream
Zoning Description	G Residential

Utilities

Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/29662471/1631-eglinton-avenue-w-mississauga-erin-mills-erin-mills