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Listed 3 months ago

11 Ben Machree Drive

Port Credit, Mississauga

$2,248,800

Detached|Bungalow
4 | 2 | 13
About this home

Build Big, Dream Bigger! Calling all builders, investors and dreamers! This is your moment to seize the chance to own a double-wide lot in the heart of Port Credit (south of Lakeshore), one of Mississauga's most sought-after neighbourhoods. This expansive 100 x 160-foot property is rare, offering immense potential for developers and investors alike. With gentrification driving growth, property values in this vibrant community are rising, making this a prime investment opportunity. Imagine the possibilities: luxury townhomes, a custom-built estate, or a multi-unit residential development; the choice is yours. The generous dimensions and flexible zoning allow you to bring your vision to life, whether crafting a sophisticated residence or a lucrative development project. Positioned just steps from the stunning Lake Ontario shoreline, this property offers residents a lifestyle that blends tranquillity with vibrant urban living.

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$13,381
Lot Size100 ft x 160 ft
mls© NumberW13157164
Listed ByRoyal LePage Real Estate Associates

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$11,510
Property tax
$1,115
Heat allowance
$150
Housing costs
$12,775 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $449,760
25-yr amortization

Income needed

$393,000

gross annual household income

Payment at 4%
$9,463 / mo
Cash down
$449,760

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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