Commercial listings / Land / For sale

1489 Hurontario Street, Mississauga, ON L5G 3H7

$3,499,850

Property type
Land
Transaction
For sale
Location
Mississauga, Peel
Building area
2,088 Square Feet
MLS® number
W13761302

Description

An Exceptional And Truly Once-In-A-Generation Development Opportunity Awaits At 1489 Hurontario St, Set Within The Prestigious Mineola Community-One Of Mississauga's Most Coveted & Rapidly Transforming Neighbourhoods. Opportunities Of This Scale, Location & Development Readiness Are Increasingly Rare, Making This Offering An Extraordinary Prospect For Builders, Developers & Investors Seeking To Secure A Landmark Project In A High-Demand Market. Positioned On An Expansive Approx Half-Acre Parcel, The Property Has Already Received Approval For The Development Of 9 Luxurious 3-Storey Townhomes, Eliminating Much Of The Uncertainty & Time Associated W/ The Development Process. This Ready-To-Proceed Approval Creates A Compelling Path To Value Creation In A Market Where Development Land Is Becoming Increasingly Scarce. Strategically Located Along The Highly Anticipated Hurontario LRT Corridor, The Site Is Poised To Benefit From Significant Infrastructure Investment, Enhanced Connectivity & Continued Population Growth, Further Strengthening Its Long-Term Appreciation Potential. Surrounded By Established Multi-Million-Dollar Estates, Luxury Infill Projects & New Redevelopment Activity, The Area Continues To Experience Strong Demand From Both End Users & Investors. Adding To Its Significance, The Property Offers Future Vision Beyond Its Existing Entitlements, Including The Potential To Explore A Mixed-Use Concept Incorporating Residential & Commercial Components, Subject To Applicable Approvals. This Addn'l Flexibility Creates A Rare Opportunity To Maximize Density, Functionality & Overall Project Value Within One Of The GTA's Most Desirable Urban Nodes. Nestled Among Mature Tree-Lined Streets & Distinguished Estates, Yet Just Minutes From Port Credit's Vibrant Waterfront, Boutique Shopping, Renowned Restaurants, Marinas, GO Transit, & The QEW, This Prime Development Site Combines Prestigious Location, Proven Demand, & Exceptional Growth Potential.

Listing brokerage: RE/MAX REALTY ENTERPRISES INC.

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