PHOTOS: The Most (and Least) Affordable Houses in Mississauga
Are you hoping to buy a house before the year is out? If you’re ready to take the plunge, you will 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 buyers are feeling the burn.
Real estate website and brokerage Zoocasa says that sales are on the rise across Mississauga, but a widening supply and demand gap has pushed prices higher.
In fact, Zoocasa says that Mississauga remains in strong sellers’ market territory. A total of 779 homes changed hands in August, up a robust 9.7 per cent. That well outpaced a 2.3 per cent uptick in new listings.
The gap has pushed year-over-year prices up 7 per cent to an average of $732,549.
But even though the market is hot, some homes are still selling for reasonable prices—and other luxury properties are selling for big bucks.
Here's a look at the least and most expensive houses that sold in Mississauga in July.
This one-bedroom, one-bathroom condo was listed for $299,000 and sold for $300,000. Offering over 500 square feet of space and one parking spot, this affordable home boasts a clean and cozy aesthetic and proximity to Toronto (it's close to the Etobicoke border, so residents can enjoy the best of two cities).
This condo sold for a little under asking, as it was listed at $324,900 and sold for $319,500. The updated two-bedroom, one-bathroom suite offers over 800 square feet of space with laminate and tile floors throughout. It's also located along the future Hurontario LRT line, which is a plus.
This spacious two-bedroom, one-bathroom condo was listed for $320,000 and sold for the same amount. The unit, which spans close to 1,000 square feet, boasts engineered hardwood floors, stainless steel appliances and a large balcony.
Listed for $349,000, this spacious 800 square foot condo sold for $330,000. The unit boasts two bedrooms, one bathroom and an open concept kitchen and living room. It also offers a fully-upgraded kitchen with stainless steel, built-in appliances and a granite countertop.
This two-bedroom, one-bathroom Malton condo was listed for $335,000 and sold for $330,500. The suite features over 900 square feet of space and close proximity to parks, shopping, major highways and schools.
This spectacular Lorne Park mansion was listed for $5,849,000 and sold for $5,625,000. The home features nine bedrooms and nine bathrooms, as well as 10 parking spots. It also offers a gourmet kitchen, a grand entrance and spacious bedrooms.
This modern Lorne Park home was sold for $2,425,000 after being listed for $2,550,000. The professionally designed and decorated house offers four bedrooms, five bedrooms and four parking spaces.
This classic 6,000 square foot home was sold for $2,375,000 after being listed for $2,499,850. It offers five bedrooms and five bathrooms, as well as six parking spaces. It also offers a two-storey foyer, a private office and an open concept kitchen.
This stunning home with the picturesque yard sold for $2,212,500 after being listed for $2,279,000. It offers six bedrooms, five bathrooms and four parking spaces. Spanning about 4,500 square feet (not including a finished lower level), the house also boasts high ceilings and attractive landscaping.
This clean and attractive home sold for $2,033,000 after being listed for $2,158,000. It offers four bedrooms, six bathrooms and four parking spaces. It also offers over 4,000 square feet of living space and a gourmet kitchen with a Viking professional series oven.
- PHOTOS: The cheapest--and fanciest houses--sold in Mississauga
- PHOTOS: The cheapest (and most expensive houses) sold in Mississauga
- PHOTOS: These Are the Most Affordable Houses in Mississauga Right Now
- PHOTOS: These are the Most (and Least) Affordable Homes in Mississauga Right Now
- PHOTOS: The Most Affordable Houses in Mississauga