$20,000,000
For sale: Vacant Land

Situated amidst multiple large development applications in Mississauga, this exceptional 2-acre parcel of land is located on the doorstep of the new Bus Rapid Transit and outside the floodplain along the Dundas Corridor. Ideal for high-density/mixed-use development, this prime real estate offers excellent transportation access. Supported by city officials, a concept plan by Salmona Development Consultants aligns with the Dundas Connects Plan, aiming to enhance public transport and rejuvenate the 19.5 km Dundas Corridor. The city plans to transform Dundas Street into a vibrant hub with diverse businesses, parks, industries, educational institutions, and attractive neighborhoods. Benefits include a rapid bus lane to Kipling transit hub, increased GO train service at Dixie station, proximity to places of worship and many retail amenities. This unique opportunity is set to become a cornerstone of Mississauga's urban development vision. **EXTRAS** Property Is Improved With Single Family Home At The Rear & Commercial Building Fronting Dundas. Site Visit By Appointment. House Is As Is Where Is. Important Subject Property Is Not Located In Floodplain. Cash Flow From Short Term Leases.
Sold data
Homes in Mississauga (Dixie) took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 46, across 1,403 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $874,900.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 1,403 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Mississauga (Dixie) 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.
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