1252 Mona Road, Mississauga, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Mineola. Expertly crafted featuring premium stucco (plaster) and vinyl siding construction, this residence presents an exceptional opportunity offered at $2,599,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 100 x 200 ft lot
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
xceptional Opportunity in Mineola. Attention builders and investors this is a rare opportunity to secure a premium property in the highly sought-after Mineola neighbourhood, one of Mississauga's most prestigious and exclusive communities.Situated on an expansive 100.14 x 200.29 ft lot, this property offers outstanding land value and incredible development potential. It presents an ideal canvas for builders looking to create custom homes, investors seeking long-term appreciation, or end users ready to design a dream estate.The seller will transfer conditional severance approval, allowing the property to be divided into two 50 x 200 ft lots. This provides exceptional flexibility-whether you choose to build two luxury residences or one grand, private estate.The buyer will be responsible for demolition of the existing dwelling and completion of all remaining severance conditions with the City of Mississauga.Set on a picturesque, tree-lined street and surrounded by multi-million-dollar custom homes, the location reflects the elegance and tranquility Mineola is known for. Convenient access to Port Credit and Clarkson GO stations offers quick connections to downtown Toronto in under 30 minutes, along with easy access to the QEW, Highway 427, and Lakeshore Road. Shopping, dining, and everyday amenities are all nearby.Whether your goal is to build a luxury home, develop high-end properties, or invest in a prime location, this offering delivers exceptional potential and long-term value. Conditional Severance Approved.
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Pricing & Value Insights
Data-driven valuation for 1252 Mona Road, Mississauga, ON L5G 3A1
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About Purchasing a Home in Mississauga, ON
For a property listed at $2,599,000 in Mississauga, the legal minimum down payment is $519,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $51,450 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $51,450.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.