$850,000
For sale: Detached

Prime Land Opportunity in a High-Demand Port Credit. An incredible opportunity to purchase for under 1 million dollars in this high demand location!! Location! Exceptional opportunity for developers, builders, and savvy investors to acquire land in a rapidly evolving area of Port Credit. This historical Adamson Estate is surrounded by significant ongoing and planned development, this property offers excellent exposure to the continued growth and transformation of the neighbourhood.An existing structure is situated on the property and may be suitable for renovation, subject entirely to the Buyer's independent due diligence, applicable zoning, permits, approvals, building requirements and municipal regulations. The property is being offered for sale as land only or renovation of existing structure. The Seller makes no representation or warranty regarding the existing structure, its current use, legal status, permitted use, suitability for renovation, future use, redevelopment potential, condition, or demolition requirements.Buyers are advised to conduct their own independent due diligence with the applicable municipality and authorities regarding zoning, permitted uses, renovation requirements, development potential, and the status and use of the existing structure. Buyer to satisfy themselves regarding all matters relating to the existing structure and any proposed renovation or redevelopment.Seller is willing to consider a lease-back arrangement following closing, subject to mutually acceptable terms. A compelling opportunity for those seeking land in a desirable and strategically located area with substantial surrounding development.Property being sold in as is where is condition.
Sold data
Homes in Port Credit took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 63, across 38 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 63 days.
The median sale price was $1,199,500.
Homes sold for about 3.9% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 11% of sellers reduced their price before finding a buyer.
Based on 38 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Mississauga (Port Credit) 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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