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1498 Indian RD Peel, ON L5H 1S7
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Key Details
Sold Price $1,980,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID W8115336
Sold Date 05/29/24
Style Bungalow
Bedrooms 5
Annual Tax Amount $9,857
Tax Year 2023
Property Description
Incredible opportunity in Lorne Park exceptionally large lot where you can take full advantage of recent zoning changes to add up to 4 units. VTB potentially on offer through a second mortgage with as low as 0% financing making mortgage qualification easier!This home offers multiple avenues of income, 3 + 2 bedroom bungalow have ~2,600 sq. ft. of space in a 5 bedroom, 3 bathroom house for yourself, or rent / Airbnb the fully self contained 2 bedroom basement apartment with its own entrance, laundry, kitchen, bathroom and 2 bedrooms. Huge, private premium backyard with the potential to add a large addition or a secondary dwelling. Located within walking distance to Mississauga's most desired schools. There is nothing to do here except move in and enjoy. This is one of those rare opportunities that do not come along very often, take advantage now.
Location
Province ON
County Peel
Community Lorne Park
Area Peel
Zoning Residential
Region Lorne Park
City Region Lorne Park
Rooms
Family Room Yes
Basement Apartment, Separate Entrance
Kitchen 2
Separate Den/Office 2
Interior
Cooling Central Air
Exterior
Parking Features Private
Garage Spaces 6.0
Pool None
Lot Frontage 60.41
Lot Depth 265.56
Total Parking Spaces 6
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