1631 EGLINTON AVENUE W, Mississauga (Erin Mills)
$1,490,000
For sale: Detached
- Property type
- Detached
- Living area
- 1,100 sqft
- MLS®
- MLS® W13467668
- Neighbourhood
- Erin Mills
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.
Sold data
Detached homes in Mississauga (Erin Mills) — recent sold market
Detached homes in Mississauga (Erin Mills) took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 42, across 537 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.
The median sale price was $1,220,000.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
- Median days to sell
- 23
- Median sale price
- $1,220,000
- Sale-to-list ratio
- 96.2%
- Sold above asking
- 13%
Based on 537 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Mississauga (Erin Mills)
Mississauga (Erin Mills) has 131 Fraser Institute–rated schools (96 elementary and 35 secondary), averaging 6.8/10.
- Rated schools
- 131
- Elementary
- 96
- Secondary
- 35
- Average rating
- 6.8 / 10
Top-rated schools in Mississauga (Erin Mills)
- AI-Manarat Heights — elementary, MississaugaFraser rating 10.0/10
- Kenollie — elementary, MississaugaFraser rating 10.0/10
- Khalsa Malton — elementary, MississaugaFraser rating 10.0/10
- Safa & Marwa Islamic — elementary, MississaugaFraser rating 10.0/10
- St Rose of Lima — elementary, MississaugaFraser rating 9.7/10
- Olive Grove — elementary, MississaugaFraser rating 9.5/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
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