Who’s looking for a profitable property?
Here’s your shot to buy into one of Mississauga’s most prestigious pockets (Mineola East) at a steep discount! This detached bungalow sits on a massive .25 acre lot surrounded by custom luxury builds, with the next-door neighbour selling in June for $3.35M!! Buy today for only $1,299,999 OBO and unlock an ARV over $3.3M—a spread of $800K+.
Walk or bike to Port Credit, the Lakefront Promenade, and top schools like Mentor College and Kenollie! You’re minutes to the QEW, Lakeshore, and GO, with high-profile neighbours in one of the GTA’s most in-demand communities. Prestige and long-term upside are baked in here with the opportunity to demo and rebuild for a mass profit, convert to rental units for buy and hold longevity or simply flip it for a massive win in an incredibly sought-after neighbourhood where home values are skyrocketing!!
How can you profit?
1) Build & Sell – Tear down and build an ~3,880 sqft custom home (like the neighbour), and sell in the $3.3M+ range for a $600K+ spread.
2) Flip– Clean it up, finish the basement, update a few areas and relist at a profit in a prestigious area with a strong margin.
3) Buy and Hold/Rent – Finish the basement to create a secondary suite, create two rental opportunities in a highly desirable area and watch your value skyrocket as more and more properties get rebuilt and soar into the $3M range!
SUMMARY:
– LOCATION: Mississauga, ON (Mineola Rd E & Hurontario St)
– PURCHASE PRICE: $1,299,999 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: ***
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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