1721 Dundas Street, Mississauga, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Dixie. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $20,000,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 196.69 x 465.6 ft lot size
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.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1721 Dundas Street E, Mississauga, ON M4L 1L7
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Mississauga, ON
For a property listed at $20,000,000 in Mississauga, the legal minimum down payment is $4,000,000 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 $486,475 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 $486,475.
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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.