Mississauga 1721 Dundas Street East | ?m | 39s

[Lake Ontario]

There is a $1 listing for a property at the northeast corner of Dundas Street East and Treadwells Drive, ~1km east of Dixie Road. A car dealership and single-detached dwelling is currently situated on the site. A concept plan has been prepared for the redevelopment into 2 residential towers at 39 and 33 storeys.

Listing excerpt:

Opportunity To Acquire A 2-Acre High Density/Mixed-Use Development Is Rare In The City Of Mississauga, Especially For A Site That Has Transportation Right At The Doorstep. Concept Plan Has Been Completed By Salmona Development Consultants, And Has Been Presented To The City. Staff Have Shown Support For The Development Of The Site. This Rare Opportunity Is Set To Be The Benchmark Development For The New Dundas Connects Plan, Which Has Plans To Improve Public Transportation And The 19.5 Km Landscape Of The Dundas Corridor. The City's Vision For Dundas Street Is To Represent An Opportunity To Expand Mississauga's Urban Network With A Street Full Of Stores, Businesses, Parks, Industrial Uses, Schools, Churches And Beautiful Neighbourhoods.**** EXTRAS **** Property Is Improved With Single Family Home At The Rear & Commercial Building Fronting Dundas. Site Visit By Appointment. House Is As Is Where Is. Important Subject Property Is Not Located In Floodplain.Cash Flow From Short Term Leases.

 

[drum118]

I can hear council and the NIMBY folks over this, even though the area needs it. The only place to put ppl these days and deal for housing issues is up and not 6 floor.

Dundas east has been a blight since I started to live in Mississauga and if done right, you can put 200,000 ppl living and working along it and up to CP line.