$7,299,000
For sale: Vacant Land

The vacant land is located south of the QEW on the west side of Hurontario Street in the desirable Mineloa Neighbourhood of Mississauga. The area benefits from excellent connectivity via major arterial routes including lakeshore road, Huronatario street, and the QEW, with the GO transit rail service running along the southern boundary of the community. Mineloa is well established neighbourhood offering a mix of residential and select commercial uses. The property is situated within the Hurontario LRT corridor, an area identified for increased density and intensification. The site presents a development opportunity for 18 townhome dwellings accessed by a private condominium road. The existing r1-1 zoning permits a range of low density residential uses including detached semi-detached and duplex dwellings.
Sold data
Homes in Mineola took a median of 30 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 56, across 109 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 74 days.
The median sale price was $1,439,000.
Homes sold for about 5.1% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 109 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Mississauga (Mineola) has 131 Fraser Institute–rated schools (96 elementary and 35 secondary), averaging 6.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

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