$2,750,000 - 1252 Mona Road, Mississauga
Detached for Sale in Mississauga
34 days on market- MLS Number
- W12932466
- Property Type
- Detached
- Status
- active
- Days on Site
- 34
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- EXP REALTY
Exceptional Opportunity in Mineola. Attention builders and investors this is a rare opportunity to secure a premium property in the highly sought-after Mineola neighbourhood, one of Mississauga's most prestigious and exclusive communities.Situated on an expansive 100.14 x 200.29 ft lot, this property offers outstanding land value and incredible development potential. It presents an ideal canvas for builders looking to create custom homes, investors seeking long-term appreciation, or end users ready to design a dream estate.The seller will transfer conditional severance approval, allowing the property to be divided into two 50 x 200 ft lots. This provides exceptional flexibility-whether you choose to build two luxury residences or one grand, private estate.The buyer will be responsible for demolition of the existing dwelling and completion of all remaining severance conditions with the City of Mississauga.Set on a picturesque, tree-lined street and surrounded by multi-million-dollar custom homes, the location reflects the elegance and tranquility Mineola is known for. Convenient access to Port Credit and Clarkson GO stations offers quick connections to downtown Toronto in under 30 minutes, along with easy access to the QEW, Highway 427, and Lakeshore Road. Shopping, dining, and everyday amenities are all nearby.Whether your goal is to build a luxury home, develop high-end properties, or invest in a prime location, this offering delivers exceptional potential and long-term value. Conditional Severance Approved.
Estimate your monthly payments for this property
Estimated Payment
$12,164.18/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Mississauga
Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mississauga
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1252 Mona Road, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $2500/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 34 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $11,458 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.