PHOTOS: The cheapest (and priciest) homes in Mississauga
Are you hoping to buy a house this year? If you’re ready to take the plunge, you will face a challenging sellers' market rife with high prices, low inventory and fierce competition.
But that doesn't mean you won't be able to find homes available for less than $500,000.
Penelope Graham, the managing editor of real estate website and brokerage Zoocasa, says the lack of inventory and high demand are driving prices up across throughout Mississauga.
Graham says transactions in the city rose 13.7 per cent year over year, while the number of new listings brought to market over the course of the month fell by 11 per cent.
Together, that’s driven the average Mississauga sale price (all home types) to $782,415, up 10.9 per cent year-over-year.
But even though the market is hot, some homes are still selling for reasonable prices—and other luxury properties are selling for big bucks.
Condos are selling fast, but many remain affordable—including this Meadowvale unit that sold for $358,000 after being listed for $374,900. The 900+ square foot unit offers two bedrooms, two bathrooms, and two parking spaces.
This 800+ square foot condo sold for $363,000 after being listed for $357,500. This unit offers two bedrooms, one bathroom, one parking spot, and an attractive layout. It also boasts an open-concept kitchen and dining room with a walkout to a south-facing balcony.
This spacious and renovated two-bedroom unit in Applewood Heights sold for $369,000 after being listed for $359,000. It offers one bathroom, one parking spot and over 900 square feet of space. The maintenance fees cover all utilities and the building is close to transit and shopping centres.
This unit sold for $369,900 after being listed for $369,900—so right at asking price. The suite boasts two bedrooms, one bathroom, one parking spot, and over 800 square feet of space. It also offers new parquet ad porcelain floors, 5' baseboards, and a renovated bathroom.
This two-bedroom, one-bathroom unit sold for $375,000 (and was listed for $375,000). Offering over 1,000 square feet of space, this unit is close to the airport, GO station, major highways and shopping centres.
This stunning five-bedroom, six-bathroom home offers 9,000 square feet of space. It sold for $4,150,000 after being listed for $4,200,000, and it features oak floors, built-in speakers, polished limestone, quartzite countertops, high-end appliances, a jacuzzi and more.
This lovely Lorne Park home sold for $3,550,000 after being listed for $3,798,000. It boasts six bedrooms, seven bathrooms, over 9,000 square feet of living space, and six parking spots. It offers a beautiful master bedroom with a spa-like ensuite bathroom and a covered terrace with a wood-burning fireplace.
This classic and elegant Mineola home sold for $3,218,800 after being listed for $3,490,000. It boasts five bedrooms, six bathrooms, about 7,000 square feet of living space, and six parking spots. It backs onto a secluded woodlot and features a designer kitchen.
This Port Credit home sold for $3,030,000 after being listed for $3,200,000. It offers six bedrooms, six bathrooms, four parking spots, and up to 5,000 square feet of living space. It also features an open-concept design and skylights.
This bright, airy, and modern home sold for $3,000,000 after being listed for $3,199,850. It boasts five bedrooms, five bathrooms, six parking spaces, and a contemporary interior. It also features a stunning chef's kitchen and a two-storey family room.
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