PHOTOS: The most (and least) affordable homes being sold in Mississauga
Are you hoping to buy a house in 2020? If you’re ready to take the plunge, you could face a challenging sellers' market rife with high prices, low inventory and fierce competition.
While the market isn't quite as wild as it was in 2017, it's pretty hot—and expected to get a little bit hotter in 2020.
Penelope Graham, the managing editor of real estate website and brokerage Zoocasa, says the year is ending with prices up throughout Mississauga.
Graham says a total of 644 homes in Mississauga traded hands in November, up 12.5 per cent year over year, while 744 were brought to market, marking a sharp 15.8 per cent decrease.
Combined, those forces have pushed the average home price in Mississauga up by 7.7 per cent to $789,760.
Here's a look at the least and most expensive houses that sold in Mississauga in November.
Most Affordable Homes:
Homes are still available for under $500,000, including this two-bedroom, two-bathroom condo that sold for $319,000 after being listed for $319,888. This 900+ square foot unit offers a lot of space and a prime spot on the future LRT line.
This 799 square foot condo just sold for $322,500 after being listed for $299,900, which is quite impressive. The one-bedroom, one-bathroom unit is fully renovated and offers a spacious master bedroom with a walk-in closet.
This condo has two bedrooms, one bathroom and up to 999 square feet of space. It sold for $350,000 after being listed for $359,900, and it's located close to major amenities and boasts a large balcony.
A pretty rare studio unit, this cozy suite offers one bathroom and about 499 square feet of space. It sold for $350,000 and was listed for $359,900. The bachelor unit, which is fairly spacious, offers a modern kitchen with stainless steel appliances.
This retirement suite sold for $355,000 after being listed $367,000. It boasts one bedroom, one bathroom, one parking space and up to 799 square feet of space. The setting is gorgeous, as the building is surrounded by forests, ravines and walking trails.
Most Expensive Homes
This luxurious Lorne Park bungalow, which sits near a private beach, sold for $7,400,000 after being listed for $8,250,000. This rare waterfront estate offers four bedrooms, four bathrooms, 10 parking spaces and a stunning interior.
This luxurious Mineola home sold for $3,450,000 after being listed for $3,695,000. It offers five bedrooms, seven bathrooms, seven parking spots and up to 5,000 square feet of living space. The interior is pretty stunning, and the Scandinavian-themed kitchen is definitely unique.
A little piece of country living in the city, this Credit Valley Golf Club area home just sold for $2,470,000 after being listed for $2,499,850. It offers six bedrooms, six bathrooms, eight parking spaces and close to 7,000 square feet of space.
This spacious, modern (yet classic) and airy home sold for $2,327,500 after being listed for $2,399,000. It offers five bedrooms, five bathrooms, four parking spots and up to 5,000 square feet of living space.
This luxurious Rattray Marsh-area home sold for $2,265,000 after being listed for $2,397,000. It offers four bedrooms, four bathrooms, eight parking spaces and 3,500 square feet of space. It has an absolutely stunning yard that's ideal for entertaining, too.
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