$2,899,999 - 1050 BURNHAMTHORPE Road, Mississauga
Land for Sale in Mississauga
50 days on marketNeighbourhood: Applewood
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- MLS Number
- W13688088
- Property Type
- Land
- Status
- active
- Days on Site
- 50
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- N/A sqft
- Neighbourhood
- Mississauga
- Taxes (2025)
- $12,569
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
This parcel of land is located in Applewood neighbourhood in Mississaugaon Burnhamthorpe East, between Tomken Road and Dixie Road. It islocated in the heart of Mississauga near Square One shopping centre.Transportation is located right next to this property with Miway bus routeand highway 403/ 401 can be accessed with a 5 minute drive on CawthraRoad. There is a heritage home which can be incorporated into anydevelopment effort. The Ideal development would be townhomes with any development.This exceptional parcel of land offers a rare chance to invest in one of Mississaugas most established and diverse communitiesApplewood. Situated on Burnhamthorpe Road East, between Tomken and Dixie, this site is ideally positioned in the heart of the city, just minutes from Square One, major highways (403/401), and key transit connections via MiWay.Applewood is a vibrant, well-planned neighbourhood that blends residential charm with urban convenience. The area boasts a mix of single-family homes, townhomes, and apartment buildings, complemented by mixed-use developments that promote walkability and access to everyday amenities. Residents enjoy nearby green spaces such as Bloor Athletic Field and Willowcreek Park, enhancing the quality of life for families and professionals alike.Included on the lot is a designated heritage home that adds character and architectural interest to any future development. With city initiatives supporting smart growth and densification, the property is ideally suited for a townhouse development that thoughtfully integrates the existing structure.Whether you're a seasoned developer or investor, this site offers the ideal balance of location, infrastructure, and long-term value potential. Don't miss this opportunity to shape the next chapter in one of Mississaugas most promising neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$12,827.67/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.
Established Character and Convenience
Applewood is one of Mississauga's earliest suburbs, known for its mid-century homes, mature landscaping, and convenient central location. The neighbourhood offers excellent value with proximity to shopping, transit, and major employers. Applewood has maintained its character while benefiting from ongoing renovations and updates.
Why Live in Applewood
- •Central location with excellent access
- •Mature trees and established gardens
- •Strong community identity
- •Close to Dixie and Bloor shopping
- •Good value for the location
Nearby Schools
Transit & Commuting
- •Multiple MiWay bus routes
- •Dixie GO Station nearby
- •Easy access to Highway 401 and QEW
- •10-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Applewood Hills Park
- •Burnhamthorpe Community Centre (nearby)
- •Dixie Outlet Mall
- •Local shopping plazas
- •Community library
Lifestyle & Community
Applewood offers practical, comfortable living with excellent connectivity. The neighbourhood appeals to those seeking value in a central location with good transit access.
1050 BURNHAMTHORPE Road, Mississauga
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Key factors for evaluating this land parcel
Land Due Diligence Checklist
· Confirm zoning designation and all permitted uses
· Verify servicing (water, sewer, hydro) at lot line
· Order a Phase 1 Environmental Site Assessment
· Obtain an up-to-date survey (boundaries, easements)
· Review development charges and levies with the municipality
· Consult a land use planner on development feasibility
Commercial Financing Note
Land financing typically requires 35–50% down with specialized lenders. Carrying costs (taxes, interest) accumulate during any approval or development process — factor these into your feasibility.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Zoning & Permitted Use
Before anything else, I'd confirm the current zoning designation and what's permitted on this land. Zoning dictates everything: residential subdivision, commercial development, agricultural use, or mixed. The Mississauga planning department can also tell you what, if any, Official Plan amendments are in progress that could affect the permitted uses.
Extended Time on Market — Potential Leverage
At 50 days, this land has been sitting. That's actually common for vacant land — buyers are fewer and diligence takes time. But if it's been listed much longer than comparable parcels, there may be a zoning, servicing, or environmental issue the seller hasn't disclosed. I'd want to understand why it hasn't sold.
Servicing & Infrastructure
A key question for any land purchase: is it serviced (municipal water, sewer, gas, hydro at the lot line) or unserviced? Bringing services to an unserviced parcel can cost $50,000–$500,000+ depending on proximity and Mississauga's development charges. This can make or break a project's feasibility.
Environmental & Survey
I always recommend a Phase 1 Environmental Site Assessment for land purchases — it checks for historical contamination from prior uses. If the Phase 1 flags anything, a Phase 2 (soil sampling) follows. Also budget for an up-to-date survey, which confirms boundaries, easements, and encroachments.
Development Approval Timeline
If you're buying with development in mind, factor in the approval timeline. Minor variance: 3–6 months. Site plan approval: 6–18 months. Official Plan amendment or rezoning: 1–3+ years. These timelines directly affect your carrying costs — property taxes and financing accumulate the entire time. Having an experienced planner and real estate lawyer on your team from day one matters.
Let's Walk Through It Together
Evaluating land requires a different lens than buying a home. I'll walk the site with you, help you ask the right questions of the listing agent, and connect you with the right professionals — planners, environmental consultants, commercial lawyers — to make sure you know exactly what you're buying before you commit.