$1,199,999 - 58 RUTLEDGE Road, Mississauga
Detached for Sale in Mississauga
60 days on marketNeighbourhood: Streetsville
- MLS Number
- W13103414
- Property Type
- Detached
- Status
- active
- Days on Site
- 60
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- EXP REALTY
Rare opportunity in the heart of prestigious community, Streetsville in Mississauga! Situated on an exceptional approx. 95 x 133 ft lot in one of Mississauga's most sought-after and rapidly transforming neighbourhoods, this property offers outstanding potential for investors, builders, developers, and end-users alike. Surrounded by luxury custom homes and multi-million dollar residences, this unique offering presents the opportunity to live, invest, redevelop, or build your dream estate in a prime location. The existing 2+1 bedroom, 2 bathroom home offers approximately 1,200 sq ft of functional living space above grade, along with a valuable ***GARDEN SUITE*** with ***1 Bed, 1 Bath/Sauna and Potential Kitchen***, offering approx. 600 sqft additional space, creating excellent flexibility for multi-generational living, rental income, or future development planning. Seller has already invested in architectural drawings for multiple future possibilities including a potential fiveplex or sixplex, garden suite expansion done with permits, custom home concept with 3 car garage, and potential severance into 2 premium lots (buyer to conduct own due diligence) or a multiplex of five or 6 units. The expansive frontage and depth create a rare canvas for redevelopment opportunities increasingly difficult to find in Mississauga. Located next to top-rated schools, Streetsville Village, GO Transit, major highways, parks, trails, shopping, and all essential amenities. Whether you're looking to secure a premium land holding, build custom luxury homes, explore multi-unit redevelopment potential, or invest in one of the GTA's most desirable communities, this property offers exceptional upside in a location surrounded by continued growth and luxury transformation. A truly rare offering with endless future potential.
Estimate your monthly payments for this property
Estimated Payment
$5,308.00/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.
The Village in the City
Streetsville is one of Mississauga's most charming and historic neighbourhoods, known for its village-like atmosphere and vibrant main street. Originally a separate village founded in 1858, Streetsville has maintained its small-town character while benefiting from modern amenities. The area features tree-lined streets, heritage homes, and a strong sense of community pride.
Why Live in Streetsville
- •Historic main street with boutique shops and restaurants
- •Annual Bread and Honey Festival draws thousands of visitors
- •Mix of heritage homes and newer developments
- •Strong sense of community with active residents' association
- •Excellent schools and family-friendly environment
Nearby Schools
Transit & Commuting
- •MiWay bus routes along Queen Street
- •Close proximity to Highway 401 and 403
- •Streetsville GO Station for commuting to Toronto
- •20-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Streetsville Village Square
- •Vic Johnston Community Centre
- •Credit River trails and parks
- •Local farmers' market (seasonal)
- •Historic Streetsville Cemetery
Lifestyle & Community
Streetsville offers a perfect blend of heritage charm and modern convenience. Residents enjoy walkable streets with local shops, cafes, and restaurants. The community is known for its family-friendly atmosphere, excellent schools, and active social calendar including festivals and community events.
58 RUTLEDGE 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
Competitive Pricing
At $800/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 60 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 Streetsville
I know Streetsville 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.