



1/51575 HURONTARIO STREET, Mississauga (Mineola), ON L5G3H7
$7.3M total
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Asset Class
Land
Size
—
Building class
A
Zoning
UR — Urban Reserve
$ / SF
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Occupancy
87%
Lot Size
0.95 ac
The vacant land is located south of the QEW on the west side of Hurontario Street in the desirable Mineloa Neighbourhood of Mississauga. The area benefits from excellent connectivity via major arterial routes including lakeshore road, Huronatario street, and the QEW, with the GO transit rail service running along the southern boundary of the community. Mineloa is well established neighbourhood offering a mix of residential and select commercial uses. The property is situated within the Hurontario LRT corridor, an area identified for increased density and intensification. The site presents a development opportunity for 18 townhome dwellings accessed by a private condominium road. The existing r1-1 zoning permits a range of low density residential uses including detached semi-detached and duplex dwellings. (id:66811)
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Monthly debt service
$34K
Projected NOI
$333K
Annual cash flow
$-71K
Cash-on-cash
-3.25%
DSCR
0.82
Going-in cap
4.57%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
110,605
Households
46,839
Median income
$131,500
Median age
38.6
Daytime population
115,049
5-yr growth
5.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1575 HURONTARIO STREET, Mississauga (Mineola).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.