5 of the most expensive Mississauga homes that recently sold for millions
Published March 9, 2023 at 1:18 pm
Although the slowness of the housing market has been making headlines in recent months, new data from the Toronto Regional Real Estate Board (TRREB) indicate that people are adjusting to climbing borrowing costs and purchasing homes.
In Mississauga, where the average house price climbed 9.6 per cent to $1,009,803 in February, things are heating up again.
“Activity is picking up in the Mississauga market,” Zoocasa, a real estate website and brokerage, told insauga.com.
“Of the Peel Region (Brampton, Mississauga and Caledon), Mississauga had the most sales in February, with 383 homes trading hands, the majority of which were condo apartments at 129 sales.”
While condos, which boasted an average price of $612,221 last month, seem to garner the most interest, detached dwellings are also selling. According to TRREB, 122 detached homes sold last month, while just 42 semi-detached houses and 17 townhouses changed hands.
The average detached home price in the city sits at $1,543,866.
With spring on the horizon, it also looks like more luxurious properties are generating interest. Here’s a look at five of the most expensive houses that recently changed hands in Mississauga, as compiled by Zoocasa.
2160 Gordon Dr
Photo courtesy of Royal Lepage Real Estate Services Regan Real Estate
This stylish Cooksville home boasts six bedrooms, nine bathrooms and close to 14,000 square feet of living space. The house sold for $6,400,000 after being listed at $6,999,999. The spacious and sophisticated home offers 20-foot cathedral ceilings, a gourmet kitchen with a breakfast area and high-end appliances, a spa-like ensuite bathroom with an oversized soaker tub and heated floors, a gym, a games room and a home theatre.
1251 Tourmaline Crt
Photos courtesy of Royal Lepage Signature Realty
Located in the prestigious Clarkson-Lorne Park neighbourhood, this spacious family home features four bedrooms, six bathrooms and up to 5,000 square feet of space. The house sold for $3,293,800 after hitting the market at $3,588,888. The home boasts a formal dining room, office, a temperature-controlled wine cellar, a gym, a wet bar, a sauna and a large primary bedroom with his and hers walk-in closets and a spa-like ensuite bathroom.
746 Parkland Ave
Photos courtesy of Re/Max Escarpment Realty
This updated bungalow boasts a fresh, modern interior, three bedrooms, three bathrooms, and up to 3,000 square feet of space. The Clarkson-Lorne Park property, located near Lake Ontario, sold for $3,237,000 after being listed at $3,195,000. The house features a large yard with multiple decks, a hot tub and perennial gardens.
1427 Dundas Cres
Photo courtesy of Hodgins Realty Group
This four-bedroom, three-bathroom Erindale home might look a little dated and “of its time” on the inside, but the location–overlooking the Credit River Valley–makes the property unique. The house sold for $3,200,000 after being listed at $3,550,000 and is close to trails, UTM, schools, shopping, transit and highways.
1500 Marshwood Pl
Photo courtesy of Sam McDadi Real Estate
This contemporary Clarkson-Lorne Park home boasts a clean, modern interior and up to 5,000 square feet of space. The three-bedroom, four-bathroom house sold for $2,900,000–a little under the asking price of $2,950,000. The house boasts pot lights, floor-to-ceiling windows, a chef’s kitchen with quartz countertops and high-end appliances and a spacious primary bedroom with a gas fireplace, two balconies, a walk-in closet and a five-piece ensuite with a freestanding bathtub.insauga's Editorial Standards and Policies advertising