3032 Victory Crescent

Introducing an exceptional opportunity to acquire a house for sale in Mississauga , located at 3032 Victory Crescent, Mississauga. This property is situated in the vibrant community of Malton, an area known for its strategic location and accessibility. The house is a detached building styled as a 1 1/2 storey, presenting a unique investment prospect for discerning investors and builders alike. With a lot size of 40 x 100 feet and R4 zoning, this property is primed for development, making it a remarkable find in the heart of Mississauga.

The house for sale in Mississauga is not just a structure; it represents a golden opportunity for those looking to invest in a prime location. The area boasts excellent connectivity, with proximity to the GO Station, public transit options, and major thoroughfares such as Airport Road and Derry Road. This strategic positioning ensures that residents will have easy access to all the amenities that Mississauga has to offer, including shopping centres, parks, and recreational facilities.

It is important to note that this house for sale in Mississauga comes with certain challenges. The property is currently unfurnished and does not feature any bedrooms, den, or bathrooms, which may require potential buyers to consider significant renovations or redevelopment. Furthermore, the kitchen is absent, and there are no additional rooms or features to enhance the living space. The absence of a family room, fireplace, or central vacuum system indicates that this house is in need of considerable work.

The house is equipped with central air conditioning, ensuring comfort during the warmer months, although it does not include a pool, which may be a consideration for some buyers. The heating system is forced air, and the property is connected to municipal water and sewer services. However, it is crucial to mention that the basement is a crawl space and is not usable for additional living space.

The property has been noted to have excessive mould, and various areas of drywall have suffered damage. Consequently, viewings are not permitted, and the house is being sold as is. This aspect may deter some potential buyers, but for those with a vision and the capability to undertake renovation projects, this house for sale in Mississauga could be transformed into a stunning residence or a lucrative investment.

The age of the house, ranging from 51 to 99 years, adds character and historical value to the property, although it also indicates that substantial repairs and updates may be necessary. The driveway is private, providing parking space for up to three vehicles, which is a significant advantage in urban living. However, it is worth noting that there is no garage space associated with this property, which may be a consideration for those who require covered parking.

In summary, 3032 Victory Crescent, Mississauga, presents a unique opportunity for investors and builders looking for a house for sale in Mississauga that is ripe for redevelopment. While the property requires extensive work and is being sold as is, its prime location in the Malton community, combined with its zoning potential, makes it a compelling option for those willing to invest the time and resources into transforming it.

This house for sale in Mississauga is not merely a property; it is a canvas awaiting the touch of visionary buyers who can see beyond its current state. With the right approach, this house could become a thriving residence or a profitable investment in one of Mississauga's most sought-after areas. Don’t miss out on this exceptional opportunity to own a piece of real estate in a prime location.

Malton, a vibrant neighbourhood in the city of Mississauga, is characterised by its diverse population and rich cultural tapestry. Nestled near the Toronto Pearson International Airport, it boasts convenient access to major transport routes, making it an ideal location for commuters. The area features a mix of residential homes, parks, and local amenities, including shops and eateries that reflect its multicultural essence. With a strong sense of community spirit, Malton offers a welcoming atmosphere, making it an appealing choice for those seeking a lively and inclusive environment to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. Within a short distance, you will find Ridgewood Public School and Morning Star Middle School, both of which are part of the Peel District School Board, offering English and French language studies for grades K to 8. For secondary education, Lincoln M. Alexander Secondary School, also under the Peel District School Board, is just 1.9 km away and has a solid rating of 3.8. Additionally, the area features St. Raphael Elementary School and Ascension of Our Lord Secondary School, both part of the Dufferin-Peel Catholic District School Board, providing quality Catholic education with ratings of 5.7 and 4.3, respectively. The proximity of these schools, ranging from 0.7 km to 1.9 km, ensures that your children can enjoy a short commute while receiving a well-rounded education. Whether you prefer public or Catholic schooling, this neighborhood offers a variety of options to cater to your family's educational needs.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small community with a population of 553 residents and an average household size of 3.2. The average age of residents is 38 years, indicating a relatively young population. The average household income stands at $90,000, with 14% of the population classified as low-income. The real estate market reflects a median home price of $760,000, appealing to both families and individuals, as 53.13% of residents are single, and 40% live in households with children. The area has a significant immigrant population, comprising 50% of residents, contributing to its cultural diversity. Additionally, 58.06% of the population are renters, while only 6.45% own condos, suggesting a preference for rental living. Education levels are high, with 64.71% of residents holding college or university degrees. However, a notable 38.82% of the population is not in the labor force, which may reflect various factors, including students, retirees, or those engaged in other pursuits. Overall, this community presents a blend of young families, educated individuals, and a diverse demographic landscape.