PHOTOS: A look at the most and least expensive homes that just changed hands in Mississauga
Published September 16, 2020 at 6:55 pm
If you were hoping to maximize your living space to make a potential future lockdown a little more manageable, you might have been unhappy to hear that detached home prices reached an all-time high in Mississauga last month.
Zoocasa, a real estate website and brokerage, says that although the total number of homes sold in Mississauga for August was up 22 per cent from last year, reaching a total of 950, there was a clear divergence in growth between freehold versus condo properties.
According to Zoocasa, detached house sales were up 49 per cent year-over-year and the average price reached an all-time high of $1,307,832—a 23 per cent increase from last August.
In contrast, condo apartment sales were down 11 per cent annually while new listings soared 77 per cent. The increased supply combined with reduced demand pushed the Mississauga condo apartment market near the threshold between a balanced market and a buyers’ market.
Despite the decrease in sales, the average condo apartment price increased by 13 per cent to $540,877 in August.
Although homes are still expensive, some more affordable properties are still hitting the market. Here’s a look at the most (and least) expensive homes that recently changed hands in Mississauga.
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Least expensive:
This Meadowvale condo unit sold for $370,000 after being listed for $372,900. The spacious 900-plus square foot unit boasts two bedrooms, two bathrooms, two parking spaces, a large storage room and all-encompassing condo fees that cover hydro and cable.
This Hurontario condo sold for $372,000 after being listed for $386,900. The 500-plus square foot unit boasts one bedroom, one bathroom, one parking spot, hardwood floors, updated countertops and proximity to three 400-series highways.
103 – 1300 Mississauga Valley Blvd.
This bright, modern and spacious 900-plus square foot condo sold for $395,000 after being listed for $399,900. The suite features two bedrooms, two bathrooms, an open concept living/dining room with a walkout to a patio, updated flooring and a large laundry/storage room.
This Churchill Meadows condo townhouse, which spans approximately 499 square feet, sold for $399,000 after being listed for $404,800. The suite boasts one bedroom, one bathroom, one parking spot, new flooring, stainless steel appliances and low maintenance fees.
This Clarkson condo sold for $405,000 after being listed for $409,900. The unit, which spans about 1,199 square feet, boasts two floors, two bedrooms, one bathroom and one parking space. The suite also features two walk-out balconies and is close to the Clarkson GO station.
Most expensive
This stunning Lorne Park home sold for $4,000,000 after being listed for $4,499,850. The 7,000-plus square foot house offers four bedrooms, eight bathrooms, nine parking spaces, high ceilings, oversized windows with hidden blinds, a three-car garage and more.
This luxurious Lorne Park homes sold for $4,000,000 after being listed for $4,200,000. This home boasts up to 5,000 square feet of space, as well as four bedrooms, five bathrooms, eight parking spaces, skylights, a two-way gas fireplace, a gourmet kitchen, a theatre room, a gym, a climate-controlled wine cellar and more.
This Mineola home sold for $3,875,000 after being listed for $3,999,950. The home, which boasts up to 5,000 square feet of space, features four bedrooms, six bathrooms, 10 parking spaces, a private ravine lot, a pool, a glass-encased study, a great room with 20’ ceilings and more.
This “Hamptons inspired” Port Credit home sold for $2,900,000 after being listed for $3,180,000. The home, which spans about 7,000 square feet, offers four bedrooms, five bathrooms, six parking spaces, wainscotting, a wine cellar, a covered rear porch and more.
This expansive Erin Mills home sold for $3,200,000 after being listed for $3,388,000. The house boasts four bedrooms, six bathrooms, six parking spaces, views of the Credit Valley Conservation area, a pool, a putting green, an outdoor kitchen and more.
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