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Prime Redevelopment Opportunity In Dixie Mobility Hub - #1
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Colliers International on behalf of the vendor, 1190543 Ontario Inc, is pleased to offer a 100% freehold interest in 1310 Dundas Street East, Mississauga. This property is in within an employment area and within the Dundas Street intensification corridor. This 4.88 Acres property represents a prime residential redevelopment opportunity within the Mississauga Dundas Connects Master Plan & the Dixie GO Mobility Hub.

This corner site offers optimal development site configuration with 366 ft of frontage along Dundas St East and 573 ft of frontage along Blundell Rd. There is limited existing supply of condominium product in the immediate area making this an attractive opportunity within the upcoming area of Dixie and Dundas in Mississauga.

The site is located just west of Dixie Road, in close walking or driving proximity to many neighborhood lifestyle amenities including dining establishments, parks and recreational areas, movie theatres and immediate walking distance to the Dixie GO station. Based on the Planning Report completed by Sajecki Planning, there is an estimated ±1,000,000 buildable sq ft on this site with heights as high as 25 storeys. Current Net Income on the property is approximately $1,100,000.00. This property is being sold on an un-priced Bid Tender Basis.

The Bid Date is Thursday November 5, 2020 at 3pm EST