Investment Opportunity: this 40-unit apartment building is located in a high-demand area of Mississauga, bordering Etobicoke. The five-story building features 22 one-bedroom and 18 two-bedroom units, each with large balconies. Situated on a 1.53-acre corner lot with significant frontage (390 ft on Fieldgate Drive and 150 ft on Cardross Rd), the property includes 56 outdoor parking spaces and 0.44 acres of excess land suitable for future high-density residential development. The location south of Bloor Street offers excellent access to public transit, various amenities, schools, and extensive greenspace. Major transportation routes, including Bloor St and Highways 427, 403, 401, and the QEW, are easily accessible. Zoned RA2-40 with a current maximum height of 8 stories, the surrounding area has City Zoning Amendment approvals for buildings of 11-18 stories. **Estate Sale**
Address
3310 Fieldgate Drive
List Price
$14,495,000
Property Type
Commercial
Type of Dwelling
Investment
Area
Mississauga
Sub-Area
Applewood
County
Peel
Lot Size Source
GeoWarehouse
Lot Depth
149.55
Lot Shape
Rectangular
Lot Type
Lot
Lot Irregularities
Excess land 0.44 Acres
Lot Size Units
Feet
Lot Width
390.17
MLS® Number
W12116680
Listing Brokerage
ILIV REALTY
Postal Code
L4X 2J1
Tax Amount
$89,320.00
Tax Year
2024
Community Features
Major Highway, Public Transit
Heat Type
Water Radiators
Cooling Features
No
Garage Type
None
Security Features
Yes