69 High Street W Mississauga, Ontario L5H 1K1

5 Bedroom 3 Bathroom 2,000 - 2,500 ft2
Window Air Conditioner Forced Air

$1,699,000

Rare opportunity to acquire an existing income-producing triplex on an approximately 70-foot-wide lot in one of South Mississauga's most desirable and evolving neighbourhoods. Located at 69 High Street West, just minutes from the vibrant waterfront community of Port Credit, this property offers exceptional appeal for investors, builders, developers and end-users alike. The approximately 2,000-2,500 sq. ft. building contains three residential units with a total of 4+1 bedrooms, 3 bathrooms and parking for up to 5 vehicles. Long-term tenants are willing to remain, providing immediate rental income while future plans are explored. Current rents are below market levels, creating potential for improved income over time, subject to applicable tenancy regulations. The interior lot measures approximately 70 x 71.6 feet, offering substantial frontage that has become increasingly difficult to find in South Mississauga. RL-217 zoning permits detached residential development and includes provisions relating to semi-detached residential forms, subject to all applicable municipal requirements, approvals and buyer due diligence. Port Credit continues to benefit from significant public and private investment, supported by its walkable waterfront lifestyle, marina, parks, restaurants, cafés, boutique shopping, highly regarded schools and convenient GO Transit access. The property is also within easy reach of Lake Ontario, major highways, downtown Mississauga and Toronto. An excellent opportunity to hold an income-producing property today while exploring its longer-term possibilities in one of Mississauga's most established communities. Estate Sale. Property is being sold "As Is, Where Is" without representations or warranties. No survey is available. Buyers are encouraged to complete their own due diligence regarding zoning, rental income, redevelopment potential, severance possibilities, building permits and intended future use. (id:63203)

Property Details

MLS® Number W13562216
Property Type Multi-family
Community Name Port Credit
Parking Space Total 5

Building

Bathroom Total 3
Bedrooms Above Ground 4
Bedrooms Below Ground 1
Bedrooms Total 5
Appliances All
Basement Features Apartment In Basement
Basement Type N/a
Cooling Type Window Air Conditioner
Exterior Finish Brick
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,000 - 2,500 Ft2
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 71 Ft ,6 In
Size Frontage 70 Ft ,6 In
Size Irregular 70.5 X 71.5 Ft
Size Total Text 70.5 X 71.5 Ft

Rooms

Level Type Dimensions
Second Level Dining Room 3.2 m x 2.7 m
Second Level Kitchen 3.4 m x 3.2 m
Second Level Primary Bedroom 3.63 m x 3.58 m
Second Level Bedroom 2 3.2 m x 3.05 m
Second Level Living Room 4.08 m x 4.08 m
Sub-basement Living Room 4.08 m x 3.86 m
Sub-basement Dining Room 3.32 m x 2.6 m
Sub-basement Primary Bedroom 4.08 m x 3.07 m
Sub-basement Kitchen 3.32 m x 2.97 m
Ground Level Living Room 4.08 m x 4.08 m
Ground Level Dining Room 3.2 m x 2.7 m
Ground Level Kitchen 3.4 m x 3.2 m
Ground Level Primary Bedroom 3.63 m x 3.58 m
Ground Level Bedroom 2 3.2 m x 3.05 m

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