$1.06M · 0 bed Vacant Land · Port Credit, Mississauga

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52 Forest Avenue

Mississauga · Ontario L5G 1L2

MLS® W12862014 · Port Credit · L5G 1L2

00VacantVacant Land1-car Carport108dLot 50 x 110 ftNot Applicable ac$6,358 tax/yr

Neighbourhood Range

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Rare development opportunity in the highly sought-after Port Credit neighbourhood. Conditional severance has already been approved, allowing for the construction of two luxury semi-detached homes, each offering over 2,500 sq. ft. The existing structure has already been demolished and all municipal fees have been paid. The buyer will be responsible for development charges. No interior showings are available; appointments can be arranged to walk the lot.

Property details

MLS#

W12862014

Status

Buy Now

Beds

Baths

0 full, 0 half

Size

—

Style

Other

Type

Vacant Land

Year built

—

Roof: Asphalt Shingle
Foundation: Brick

Garage: 1-car Carport
Garage spaces: 1
Parking: 7 total
Lot: 50 × 110
Heating: —
Heating fuel: —
Cooling: —
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick
Fronting on: North
Cross street: Lakeshore & Cayuga
Basement: None
Stories: —
Utilities: —
Laundry: —
Interior: None
Parking features: Private Double

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $1,059,000✓ $6,358 tax✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$7,840/mo

incl. closing costs (yr 1)

Annual total

$94,085

year 1

Mortgage only

$4,018/mo

principal + interest

Beyond mortgage

$1,893/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$211,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$530/mo

Utilities

Hydro / electricity$126/mo

≈ $0.07/ft² × ~1,800 ft² · ON avg ~$126/mo · assumes gas heat

Natural gas (assumed)$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$10,590/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$17,655

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)51% $48,210/yr

Property taxes26% $24,013/yr

Utilities5% $4,572/yr

Insurance & security2% $1,600/yr

Maintenance11% $10,590/yr

Closing costs5% $5,100/yr

Mortgage is 51% of your true cost of ownership. The other 49% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$48,210	$4,018/mo
Government & taxes
Property tax	$6,358	$530/mo
Land transfer tax(closing)	$17,655	$1,471/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$1,512	$126/mo
Natural gas (assumed)	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$10,590	$883/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$94,085	$7,840/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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52 Forest Avenue

About this home

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Property details

Additional listing data

Rooms

Sales History

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Annual costs