1721 Dundas
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$20,000,000

1721 Dundas

Mississauga (Dixie), Ontario, M4L1L7

Active
2
Sq Ft
2
Lot (sqft)

Description

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. (id:60351)

Overview

Property Typeresidential
Sub-Typevacant land
StatusActive
MLS #W12613932

Fees & Taxes

Annual Taxes$13,897.17 (2024)

Listing Information

MLS#: W12613932


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$4,000,000
5%20%50%
Estimated Monthly Payment
$88,933
/month
Mortgage
$16,000,000
Total Interest
$10,679,959

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$486,475
Total Due on Closing$486,475

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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