3401 Ridgeway Drive, Mississauga, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Erin Mills. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $560,000 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 20.9 x 56.13 ft lot size
- Convenient underground garage included
- equipped with yes central cooling and highly efficient electric forced air heating
Description
Prime Commercial Unit for Sale Excellent location with outstanding exposure and strong foot traffic. Conveniently located with quick access to all major highways and adjacent to Dundas and Ridgeway, with Oakville's big box stores and major retail amenities. This well-located commercial unit offers excellent visibility and accessibility, making it ideal for a wide range of professional, retail, and service businesses. It is a great opportunity for investors or owner-operators seeking a prime commercial location. Permitted Uses: Retail store, animal care establishment, funeral establishment, personal service establishment, commercial school, financial institution, repair establishment, medical office, office, recreation establishment, entertainment establishment, private club, university/college. Excellent opportunity to own a versatile commercial space in a high-traffic and growing area.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3401 Ridgeway Drive 202, Mississauga, ON L5L 0B9
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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 $560,000 in Mississauga, the legal minimum down payment is $31,000 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 $7,675 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 $7,675.
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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.