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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Port Credit. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
This exceptional property presents a unique opportunity to either construct two semi-detached homes, pursue a profitable lot-splitting redevelopment or live in this cozy home. Situated in the prestigious Village on the Lake in Mississauga, it is surrounded by picturesque lakefront parks and trails, providing a gateway to an elevated lifestyle. Whether you choose to reside in this charming home or leverage the land for development, the potential is boundless. Located in the vibrant heart of Port Credit, this prime site is mere steps away from trendy restaurants, lively bars, stylish shops, inviting cafes, marinas, and Go Transit. It offers numerous possibilities for both buyers seeking a residence that combines timeless elegance with modern comforts and builders with ambitious visions. The home features formal living and dining areas, a gourmet kitchen equipped with granite countertops and high-end stainless steel appliances, and an open-concept family room complete with a large bay window and a walkout to a spacious deckideal for entertaining. This property holds remarkable potential for both builders and homeowners alike.
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Data-driven valuation for 29 Wesley Avenue, Mississauga, ON L5H 2M6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.
About Purchasing a Home in Mississauga, ON
For a property listed at $1,499,000 in Mississauga, the legal minimum down payment is $299,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $26,455 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $26,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.