Port Credit, ON

About This Property

Easy qualification for financing with only 5% down payment available for one year and two year terms. One 23 foot semi-detached lot with the opportunity to build 3 units. This is a rare opportunity to secure a premium vacant lot in the heart of Port Credit with approved plans for a Montbeck Developments project. The offering includes attached plans, renderings, and floorplans outlining a clearly defined three unit development featuring approximately 3050sq ft of finished above-grade living space including a detached garden suite, and a fully self-contained lower-level two-bedroom apartment of approximately 1,325 sq.ft. This is a high-value opportunity to execute a thoughtfully designed redevelopment in one of Mississauga's most desirable waterfront communities. Ideally positioned steps to the lake and moments from Brightwater, Port Credit Village, and the GO station, with walkable access to restaurants, cafes, Farm Boy, LCBO, pharmacy, medical offices, everyday conveniences, and quick highway access to downtown Toronto. Income-focused redevelopment opportunity with street-level assembly potential, as 19 Broadview is listed concurrently with 43 Broadview, allowing builders and investors to pursue a coordinated redevelopment of up to 12 units, subject to approvals. Conceptual Montbeck-built redevelopment supports compelling rental economics, with estimated market rents of approximately $5,000/month for the upper residence, $3,000/month for the lower-level suite, and $3,000/month for the detached garden suite, totalling approximately $11,000/month per semi when stabilized. Figures are illustrative only. Buyer to verify zoning, approvals, measurements, severance status, and development details. (id:63604)

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