1489 Hurontario Street

Mineola, Mississauga, ON L5G 3H7

$3,999,850

About This Property

An Extraordinary And Exceedingly Rare Development Opportunity Unfolds At 1489 Hurontario Street, Ideally Positioned Within The Prestigious And Highly Sought-After Mineola Enclave. Set On An Expansive Parcel Of Approximately Half An Acre, This Remarkable Offering Has Been Approved For The Construction Of Nine Elegant Three-Storey Townhomes, Presenting A Turnkey Opportunity For Builders And Investors Seeking To Capitalize On One Of Mississauga's Most Dynamic Growth Corridors. Perfectly Situated Along The Upcoming Hurontario LRT Line, The Property Offers Unparalleled Connectivity And Long-Term Upside, Reinforcing Its Status As A Prime Investment In A Rapidly Evolving Urban Landscape. Surrounded By Established Luxury Residences And Upscale Infill Developments, The Immediate Area Continues To Demonstrate Exceptional Demand. Beyond Its Current Approvals, The Site Presents Additional Potential For Creative Vision, Including The Possibility Of Integrating A Mixed-Use Component, Blending Residential And Commercial Elements To Further Enhance Value And Functionality. Such Flexibility Positions This Offering As Not Only A Premium Residential Development, But Also A Strategic Asset With Diverse Future Applications. Nestled Among Tree-Lined Streets, Prestigious Estates, Top-Rated Schools, And Just Moments To Port Credit's Vibrant Waterfront, Boutique Shops, Fine Dining, And Marina, The Location Embodies A Refined Lifestyle That Continues To Attract Discerning End-Users And Investors Alike. Seamless Access To The QEW And Proximity To Downtown Toronto Further Elevate Its Appeal. Includes A Valuable 4-Unit Development Charges (DC) Credit, Recognizing 4 Previously Existing Legal Residential Units On The Property, W/ DCs Payable Only On Any Additional Units Beyond 4 New Units.