$2,649,000
1816 Paddock Crescent, Mississauga, ON L5L 3E4
Erin Mills
Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA
Erin Mills · L5L 1J4
$2,749,000
$1,833 / sq ft1 months on market
Attention Builders and Developers! An exceptional opportunity awaits with this prime building site. Conditional severance had already been approved for two lots in the past, offering flexibility and immense development potential. Architectural drawings for a luxurious 6,800 sq. ft. home are available, simplifying the development process. Currently, the property is tenanted at $3,150/month plus utilities, with tenants willing to stay or vacate, providing immediate rental income or a vacant site ready for your vision. This is an unmatched chance to develop in a desirable and evolving area. Whether you plan to build two modern homes or a single luxury residence, this property offers the foundation for a highly profitable venture. Proximity to UTM (University of Toronto Mississauga) Ideal for future tenants or buyers. Walking distance to essential amenities, including shopping, dining, and transit. Lot can be severed horizontally or vertically to get two equal lots.
8 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Main | 6.45 × 5.85 m21.2 × 19.2 ft | Hardwood Floor · W/O To Deck |
| Kitchen | Main | 7.90 × 3.10 m25.9 × 10.2 ft | Heated Floor · Eat-in Kitchen |
| Primary Bedroom | Main | 4.50 × 3.50 m14.8 × 11.5 ft | Hardwood Floor |
| Bedroom 2 | Main | 3.80 × 3.50 m12.5 × 11.5 ft | Hardwood Floor |
| Bedroom 3 | Main | 3.30 × 3.50 m10.8 × 11.5 ft | Hardwood Floor |
| Dining Room | Lower | 5.60 × 3.63 m18.4 × 11.9 ft | Broadloom · W/O To Yard |
| Family Room | Lower | 7.27 × 5.60 m23.9 × 18.4 ft | Broadloom · Open Concept · W/O To Yard |
| Office | Lower | 5.45 × 2.50 m17.9 × 8.2 ft | Broadloom |
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 97% of comparable detached listings in Erin Mills are asking less.
Based on 60 comparable active detached listings in Erin Mills. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $2,749,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
What similar homes in this area actually sold for.
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$2,649,000
Erin Mills
Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA
$2,450,000
Erin Mills
Listing courtesy of SKYBOUND REALTY
$2,499,000
Erin Mills
Listing courtesy of HODGINS REALTY GROUP INC.
$3,150,000
Erin Mills
Listing courtesy of SAM MCDADI REAL ESTATE INC.