Mississauga L5J 3E4
Canada

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 5 BR
Bathrooms: 3

Financials

Price:C2,599,000
($1,901,400)
(€1,615,000)
Annual Taxes:C15,963
505 Park Ave, New York, NY 10022

Welcome to 1258 Ravine Drive an extraordinary 3 4 acre ravine property nestled within the prestigious White Oaks of Jalna enclave of Lorne Park.

Description

Welcome to 1258 Ravine Drive - an extraordinary 3/4 acre ravine property nestled within the prestigious White Oaks of Jalna enclave of Lorne Park. Boasting an impressive 100' frontage and 327' depth, this exceptional rectangular lot presents a rare opportunity to bring your vision to life. With the potential to accommodate a custom residence of approximately 8500 sf, the possibilities are truly endless. Surrounded by multi-million dollar estates and situated on one of Lorne Park's most coveted streets, 1258 Ravine Drive offers the perfect setting to create a landmark home in one of Mississauga's most prestigious neighbourhoods. Embrace a lifestyle immersed in nature. The unique two-tiered property features a swimming pool & backs onto a breathtaking ravine setting. Ideally situated in the heart of South Mississauga, the property is surrounded by some of the area's most sought-after lifestyle amenities - from the waterfront trails and beaches of Lake Ontario to the charm of Port Credit Village with its vibrant restaurants, cafés, boutiques, and community feel. Jack Darling Park and Nine Creek Trail are just minutes away. Highly regarded schools further enhance the neighbourhood's appeal, while commuters will love the convenience of quick QEW access & nearby Clarkson and Port Credit GO Stations, making downtown Toronto reachable in under 30 minutes. Whether you are a builder envisioning a luxury development, an investor seeking a premier landholding opportunity, or an end user ready to create a dream estate, 1258 Ravine Drive represents a truly rare offering in the heart of Lorne Park. The existing residence is a well-maintained detached 5-bedroom home featuring generous principal rooms & offers good holding income potential while planning and permitting for future redevelopment take place. NOTE: Zoned RL-7, the property also allows for detached, semi-detached, and fourplex dwellings, w/potential to sever into 2 lots (subject to City of Mississauga approval).

Amenities

  • Awnings
  • Deck
  • Other
  • Privacy

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.