2518 Stillmeadow Road, Mississauga, Ontario L5B 1X7

Listed for:
$1,325,000
4 beds
2 baths
Listed 121 days ago
House for rent: 2518 Stillmeadow Road, Mississauga, Ontario L5B 1X7

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Listing provided by:
RE/MAX REAL ESTATE CENTRE INC.
MLS® number:
W7401092
Agent:
Annurag Chawla
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About

Building Permit IS AVAILABLE, Move In As Is Or Build Your Own Luxury Custom House On North East Facing 61 X 125 Ft Massive Flat Lot, R3 Zoning, Survey Available. Build Approx. 4405 Sq Ft + 2350 Sq Ft Bsmt. Modern House With A Private Elevator, Main Floor Bedroom With Full Washroom, Glass Staircase Railings, 2 Skylights, 11 Ft Ceilings On Main, 2 Bedroom Legal Basement Aptt, Home Cinema, 2 Furnaces, 2 Acs. Accessibility Designed Close To Upcoming Hurontario Lrt, Many Luxurious Custom Build Homes On The Street & In The Area. Neighborhood Is Under Transition. Renovated Bungalow's Rental Potential Could Be $4750 Monthly & Has A Separate Entrance To Basement Apartment. Current Property Has A Garage + 8 Car Parking On Driveway A Rare Opportunity For Builders, Investors Or End Users To Live In A Fully Renovated House In The Popular Part Of Rapidly Changing Cooksville Neighborhood. 60Ft Frontage Lots Don't Come Up Often For Sale Seller Can Help You Build Your Dream House As Well If Needed **** EXTRAS **** Note: The First Three Images Are Illustrations Of The Proposed Custom House. Rest of The Photos Are of Actual Property Presently. BUILDING PERMIT IS AVAILABLE (id:27476)

Property Highlights

Type
House
Cooling type
Central air conditioning
Heating fuel
Natural gas
Fireplace
Yes
Construction material
Brick
Parking space
9
Ownership Type
Freehold
Amenities nearby

Location

Summary

This property is a freehold, meaning the owner has full ownership rights.

There are a total of 9 parking spaces available on the premises.

Buyers have the option to move in as is or take advantage of the available building permit to construct a custom luxury home on the spacious 61 x 125 ft lot, which faces northeast. The property is zoned R3, and a survey is available for reference. The potential new construction could yield a modern house with a private elevator, a main floor bedroom with a full washroom, glass staircase railings, 2 skylights, and 11 ft ceilings on the main floor. Additionally, there is potential for a 2-bedroom legal basement apartment, a home cinema, 2 furnaces, and 2 AC units. The property is conveniently located near the upcoming Hurontario LRT and is surrounded by many luxurious custom-built homes, indicating that the neighborhood is currently undergoing a transition. The current renovated bungalow has the potential to generate $4750 in monthly rental income and features a separate entrance to the basement apartment. The property also includes a garage and space for 8 cars on the driveway, presenting a rare opportunity for builders, investors, or end users to live in a fully renovated house in the popular and rapidly changing Cooksville neighborhood. It is worth noting that 60ft frontage lots are not frequently available for sale, and the seller is willing to assist in building the buyer's dream house if needed.

The property is currently listed for sale and boasts a land size of 60.01 x 125 FT, with a ready building permit in place. It is situated at 2518 STILLMEADOW RD in the city of Mississauga, Ontario, with the postal code L5B1X7, and is located in the community of Cooksville. The property features a total of 2 bathrooms and 4 bedrooms, with 3 bedrooms above ground and 1 below ground. The architectural style is a bungalow with an apartment in the basement and a separate entrance. The building construction style is detached, with a brick exterior finish. Other features include a fireplace, central air conditioning, and heating fueled by natural gas with a forced air system. The property is a single-story house.

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