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New2 hours ago

58 RUTLEDGE Road

Streetsville, Mississauga

$1,175,000

Detached|Bungalow
2 | 2 | 6
About this home

*OPEN HOUSE SATURDAY OCT 31 & SUNDAY NOV 1 (1PM TO 3PM)* OPPORTUNITY IN PRESTIGIOUS STREETSVILLE! Discover the incredible potential of this exceptional approx. 95 x 133 ft lot in one of Mississauga's most desirable and rapidly evolving neighbourhoods! Surrounded by luxury custom homes and multi-million-dollar residences, this unique property is a prime opportunity for investors, builders, developers, and homeowners looking to create something extraordinary. The existing home features 2+1 bedrooms, 2 bathrooms, and approx. 1,200 sq ft of above-grade living space, PLUS a valuable GARDEN SUITE offering an additional approx. 600 sq ft with 1 bedroom, 1 bathroom, sauna, and potential kitchen - ideal for extended family, flexible living arrangements, or potential rental income. THE POSSIBILITIES ARE EXCITING! The seller has already invested in architectural drawings exploring multiple redevelopment concepts, including a potential 5- or 6-unit multiplex, garden suite expansion, a luxury custom home with a 3-car garage, or severance into TWO premium lots (subject to applicable approvals and buyer's due diligence). With its impressive frontage, generous lot depth, and sought-after location, opportunities like this are increasingly rare! Just minutes from charming Streetsville Village, excellent schools, GO Transit, major highways, parks, trails, shopping, and everyday amenities.

Extras

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Open houses

  • Sat, Oct 31

    1:00 PM – 3:00 PM

  • Sun, Nov 1

    1:00 PM – 3:00 PM

Or pick a time that works for you.

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,575
Lot Size95.83 ft x 133.19 ft
mls© NumberW14115874
Listed ByCENTURY 21 LEADING EDGE REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,014
Property tax
$548
Heat allowance
$150
Housing costs
$6,712 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $235,000
25-yr amortization

Income needed

$207,000

gross annual household income

Payment at 4%
$4,945 / mo
Cash down
$235,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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