24 Oakwood Avenue, Mississauga, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Port Credit. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,799,000 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.
- 9 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 50 x 125 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- Efficient radiant heating via other
Description
Purpose-built triplex of three full three-bedroom suites - two at approx 1,522 sf on the 2nd and 3rd floors, plus an oversized lower suite at approx 1,385 sf - a scale and unit mix seldom found in residential triplexes. Delivered vacant, allowing rents to be reset to current market from day one. Currently mid-renovation: acquire it as-is and finish to your own specification, or take it as a completed product. Three full three-bedroom layouts broaden the demand floor to families, professionals, and multi-generational buyers, not interchangeable bachelor units. Set in one of Port Credit's tenured residential pockets among predominantly single-family homes, steps to shops, cafés, and grocery stores, with direct access to the Port Credit GO for downtown connectivity. On-site parking plus a detached garage adds flexibility for personal use or incremental rental income. A value-add play in a premier, transit-connected lakeside community: vacant possession for full income repositioning, oversized three-bedroom suites, and a Port Credit address supporting premium market rents. Offered as-is in present condition.
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Pricing & Value Insights
Data-driven valuation for 24 Oakwood Avenue N, Mississauga, ON L5G 3L7
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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 $1,799,000 in Mississauga, the legal minimum down payment is $359,800 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 $32,455 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 $32,455.
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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.