+7 photos
$2,299,900
17 Ben Machree Drive, Mississauga, ON L5H 2S2, Mississauga, ON
Mississauga, ON L5H 2S2
3 beds 2 baths Detached
About this home
Attention builders and investors- rare opportunity to secure a development site in the heart of Port Credit, located south of Lakeshore Road and just steps to Lake Ontario. This exceptional 75 ft frontage lot previously received conditional severance approval for two detached custom home parcels (application has since lapsed). The property includes a livable existing home, ideal for rental or holding income while redevelopment plans are advanced. Surrounded by luxury custom homes and numerous successfully severed properties in a rapidly evolving enclave, this is a standout opportunity to unlock significant value in one of Mississauga's most prestigious lakeside communities. Sold As is where is.
Property Score
42/ 100
Overall Property Score
fair
A blend of both buyer and investor metrics.
Score breakdown
Walkability
65/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
78/100great
GO Transit, LRT, and bus access from this neighborhood.
Schools
75/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
212% of city avgpoor
Priced above Mississauga's average of $1,085,000.
Appreciation Trend
+2.4%/yrgreat
Mississauga has seen +2.4% YoY price change.
Monthly Cash Flow
-$11,652/mopoor
Estimated -$11,652/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
-0.47%poor
Net operating income divided by purchase price.
Basement Suite Potential
Buildablegreat
Strong potential for a legal basement suite - could add ~$1,770/mo.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # W12996874
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.
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