$2,890,850 - 1168 Stavebank Road, Mississauga
Multi-Family for Sale in Mississauga
New — Listed 5 days agoNeighbourhood: Mineola
- MLS Number
- W13673330
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 5
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
Positioned Within The Prestigious Enclave Of Mineola West, 1168 Stavebank Rd Presents An Exceptional & Highly Strategic Opportunity For Builders, Developers, Investors & Discerning End Users Alike. Set On A Remarkable 121.17 X 200.92 Ft Riverfront Lot Backing Directly Onto The Credit River, This Expansive Property Offers The Frontage, Depth & Natural Setting Required To Create A Landmark Custom Residence, Explore Potential Severance Opportunities (Subject To Approvals), Or Establish A Pvt Estate Of Distinction. Opportunities Of This Scale Are Becoming Increasingly Rare In Mineola, Where Strong Land Values Continue To Drive Luxury Redevelopment Throughout The Neighbourhood. Surrounded By An Impressive Collection Of Newly Built Homes, Many Exceeding 4,000 Sqft, The Property Is Enhanced By Mature Trees, Tranquil River Views & An Elegant Streetscape, Creating An Extraordinary Canvas For A Future Showpiece Designed For Premium Long-Term Value. For End Users, The Lifestyle Offering Is Equally Compelling. This Is A Rare Chance To Secure River-Backed Land In One Of Mississauga's Most Coveted Communities, W/ The Flexibility To Renovate, Hold As An Investment, Or Build A Custom Home Tailored To Exact Preferences. The Peaceful Natural Backdrop, Combined W/ The Stability & Prestige Of An Established Neighbourhood, Creates An Ideal Setting For Refined Family Living. The Property Is Currently Improved W/ A Well-Maintained Legal Duplex, Providing Immediate & Reliable Holding Income. Each Self-Contained Unit Features A Functional Layout W/ Strong Rental Appeal, Supported By Consistent Tenant Demand Within This Highly Sought-After Pocket. Investors Can Generate Cash Flow Today While Thoughtfully Planning Future Redevelopment. Just Minutes From Port Credit's Vibrant Waterfront, Marina, Restaurants, Boutiques & GO Transit, W/ Access To The QEW & Downtown Toronto, This Address Effortlessly Combines The Serenity Of Riverfront Living W/ The Convenience Of Exceptional Urban Connectivity.
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Estimated Payment
$12,787.20/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.
Classic Elegance Near the Lake
Mineola is one of Mississauga's most desirable mature neighbourhoods, featuring grand homes on generous lots, tree-lined streets, and a strong community atmosphere. Located between Port Credit and Lorne Park, Mineola offers the best of both worlds - proximity to the waterfront and easy access to major transportation routes.
Why Live in Mineola
- •Grand homes on large, mature lots
- •Tree-lined streets with established character
- •Walking distance to Port Credit village
- •Excellent schools and family environment
- •Strong community engagement
Nearby Schools
Transit & Commuting
- •Port Credit GO Station - 5 minute drive
- •MiWay bus service
- •Close to QEW for highway access
- •18-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Tall Oaks Park
- •Mineola Community Centre
- •Close to Port Credit waterfront
- •Local parks and green spaces
- •Walking trails
Lifestyle & Community
Mineola offers a peaceful, established neighbourhood feel with easy access to Port Credit's amenities. Residents enjoy the best of suburban living with the convenience of nearby urban attractions.
1168 Stavebank 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 $1445/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.
About Mineola
I know Mineola well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.