Who’s looking for a profitable property?
Buy Price: $1,269,999 OBO
Neighbourhood: Mineola East – one of Mississauga’s most prestigious pockets
Lot Size: ~0.25 acre, surrounded by $3M+ custom homes
Neighbouring Sale: Next door sold July 2025 for $3.35M
This is the lowest buy-in you’ll see on this street and a rare chance to control a luxury lot for hundreds of thousands less than other buyers. Buy now, generate rental income to cover carrying costs, and take your time planning the perfect build- it has to sell by THURSDAY .
We’re open to any reasonable, firm offers, and we already have a full inspection report ready to share so you can move quickly with confidence.
Every neighbouring property has either been rebuilt or is in the process—the luxury premium is baked in here. Once this pocket fully turns over, today’s numbers will be gone for good.
Why This is a Smart Play
Most builders shy away from teardowns because of thin margins and carrying risk. This deal solves both:
- Lowest entry cost on this sought after street – $200K–$300K less than other teardown lots.
- Inspection report in hand – No surprises, no delays, and a clear view of what you’re working with from day one.
- Proven ARV next door – Sold for $3.35M this summer, giving you certainty on resale value.
- Rent-to-Build Strategy – Finish the basement and rent both units to cover carrying costs while you line up permits and trades.
- Prestige street guarantee – Walk to Port Credit, top schools like Mentor College and Kenollie, and scenic lakeside trails.
Custom Rebuild – The Big Payday
Here’s how your build math looks at different cost levels for a 3,880 sq ft luxury custom home:
| Build Cost per Sq Ft | Build Cost | Projected Profit @ $3.35M Resale |
| $350 | $1,358,000 | $514,000 |
| $375 | $1,455,000 | $366,000 |
| $400 | $1,552,000 | $217,000 |
Inputs include:
- $1,269,999 land
- $21,875 Ontario LTT
- $200,000 soft costs, demo, permits
- $83,750 resale commission (2.5%)
- $5,000 legal fees
Why the Rebuild Works
- Upside certainty: A clear $3.35M resale comp next door—no guessing games.
- Scalable margin:
- Keep costs at $375/sq ft or less to push $366K–$500K+ profit.
- Scale back to ~3,600 sq ft to shave another $100K+ off costs.
- Luxury buyer pool: Mineola East attracts high-net-worth families and downsizers seeking prestige and walkability. Even if the market dips, this micro-pocket holds its value.
Bridge Strategy – Reduce Carrying Risk
Not ready to break ground right away?
- Finish the basement now to create a legal secondary suite.
- Rent both units for ~$5,750–$6,500/mo based on comps.
- Rents offset carrying costs, so you aren’t paying out of pocket while waiting on permits and trades.
- Rents cover ~90% of monthly carrying costs today, and can fully cover them if the main floor rents closer to $4,000 (supported by local comps).
Full Flip – Fast, Low-Effort Profit
Prefer to stay light and fast?
- Clean up, update key areas, and finish the basement suite.
- Resell at ~$1.75M+, creating instant profit while someone else takes on the rebuild OR
- Rent after updates- Rents cover or nearly cover monthly carrying costs, giving you time to finalize your build plan without burning cash.
Why This Has to Move Now
- The neighbourhood is nearly fully redeveloped– This is the last undervalued entry point.
- Inspection report ready – Review it today, make an informed offer tomorrow.
- Timing advantage: Lock in by Thursday to get ahead of builders lining up trades for the fall and new year.
- We’re open to firm offers: Bring your best number and secure this rare lot before it disappears.
Bottom Line
This isn’t just a lot—it’s your gateway into Mineola East luxury real estate.
Whether you flip, rent-to-build, or go straight into a custom rebuild, your path to profit is clear:
- $350/sq ft build → $500K+ payday
- $375/sq ft build → $366K profit
- $400/sq ft build → $217K profit with upside
- Push resale to $3.50M+ through premium curb appeal and marketing: adds ~$150K–$200K to net.
- Control soft costs by pre-selling or reducing agent commission to 2%: saves $15K–$20K.
- With the right execution, this becomes a $500K+ payday.
Once this pocket fully turns over, there will be no more pricing like this.
Move quick, review the inspection report, and secure your spot on one of Mississauga’s most prestigious streets.
Call today to request the inspection report and submit your firm offer before Thursday.
SUMMARY:
– LOCATION: Mississauga, ON (Mineola Rd E & Hurontario St)
– PURCHASE PRICE: $$1,269,999 Or Best Offer
– AFTER REPAIR VALUE: $3,300,000
– CLOSING: October 30, 2025 (This is an assignment sale.)
– TYPE: Detached Bungalow
– BEDS/BATHS: 3+1 beds/2 full (one four piece and one 3 piece) baths
– PARKING: 4 parking spaces in driveway
– BASEMENT: Partially finished with kitchen & separate entrance
– SQFT: 1,133
– LOT: 50’ x 224’ (.25 acres)
– AGE: 1952
– PROPERTY TAX: $8,056 (2024)
– POSSESSION: VACANT
RENOVATIONS NEEDED:
– Some junk and furniture removal.
– Water damage in basement has been remediated—bathroom, flooring, and drywall in need of repair
– Cosmetic updates to interior and exterior
– Tear down and rebuild from scratch (builder’s dream!)
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Massive 50’ x 224’ lot surrounded by luxury homes.
– Proven playbook: next-door neighbour bought, tore down, built new and sold for a profit
– Major updates already handled (roof, windows, furnace, AC)
– Basement offers 2-unit conversion opportunity with separate entrance and kitchen
LISTING ID: 0925-MIS-F01
Please reply to this email to request an info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Dussard, Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. Email us today for your info package. Who wants to make money on this one?
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