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Listed 3 months ago

58 RUTLEDGE Road

Streetsville, Mississauga

$1,199,999

Detached|Bungalow
2 | 2 | 6
About this home

Rare opportunity in the heart of prestigious community, Streetsville in Mississauga! Situated on an exceptional approx. 95 x 133 ft lot in one of Mississauga's most sought-after and rapidly transforming neighbourhoods, this property offers outstanding potential for investors, builders, developers, and end-users alike. Surrounded by luxury custom homes and multi-million dollar residences, this unique offering presents the opportunity to live, invest, redevelop, or build your dream estate in a prime location. The existing 2+1 bedroom, 2 bathroom home offers approximately 1,200 sq ft of functional living space above grade, along with a valuable ***GARDEN SUITE*** with ***1 Bed, 1 Bath/Sauna and Potential Kitchen***, offering approx. 600 sqft additional space, creating excellent flexibility for multi-generational living, rental income, or future development planning. Seller has already invested in architectural drawings for multiple future possibilities including a potential fiveplex or sixplex, garden suite expansion done with permits, custom home concept with 3 car garage, and potential severance into 2 premium lots (buyer to conduct own due diligence) or a multiplex of five or 6 units. The expansive frontage and depth create a rare canvas for redevelopment opportunities increasingly difficult to find in Mississauga. Located next to top-rated schools, Streetsville Village, GO Transit, major highways, parks, trails, shopping, and all essential amenities. Whether you're looking to secure a premium land holding, build custom luxury homes, explore multi-unit redevelopment potential, or invest in one of the GTA's most desirable communities, this property offers exceptional upside in a location surrounded by continued growth and luxury transformation. A truly rare offering with endless future potential.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,575
Lot Size95.83 ft x 133.19 ft
mls© NumberW13103414
Listed ByEXP REALTY

Listing History

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

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$6,142
Property tax
$548
Heat allowance
$150
Housing costs
$6,840 / mo

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

Down payment20% · $240,000
25-yr amortization

Income needed

$210,000

gross annual household income

Payment at 4%
$5,050 / mo
Cash down
$240,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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