A rare chance to secure a substantial 0.531-acre parcel in the East Credit community, one of Mississauga's most established and vibrant neighbourhoods. The Committee of Adjustment granted consent approval to divide the existing parcel into six residential lots, permitting the development of three pairs of semi-detached homes. This represents a significant planning milestone and positions the property for strategic redevelopment. The approved configuration includes five lots with 9.0 metre frontages and approximately 342.90 square metres each, and one corner lot with an 11.23 metre frontage and approximately 420 square metres. Zoned RL, the property permits both detached and semi-detached dwellings, providing flexibility in design and end-user positioning. Ideally located minutes from Streetsville GO Station, Erin Mills Town Centre, and Credit Valley Hospital, and within close proximity to highly regarded schools including St. Aloysius Gonzaga Secondary School, this location supports strong resale fundamentals. Convenient access to Highways 401 and 403, along with trails along the Credit River, further enhances long-term appeal. With consent approval secured, this offering presents a compelling opportunity for builders and investors seeking scale, flexibility, and a strategic position within one of Mississauga's most established neighbourhoods. (id:2493)
Data was last updated February 21, 2026 at 03:45 AM (UTC)
Area Statistics
Listings on market:
57
Avg list price:
$849,000
Min list price:
$489,900
Max list price:
$2,299,000
Avg days on market:
30
Min days on market:
1
Max days on market:
162
These statistics are generated based on the current listing's property type
and located in
East Credit. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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