PHOTOS: The most and least expensive homes in Mississauga
The second wave of COVID-19 might be disrupting life in Mississauga and surrounding cities, but the city’s real estate market is hotter than ever and low-rise homes are in especially high demand.
Zoocasa, a real estate website and brokerage, says that a total of 1,063 homes changed hands in September 2020--a 37 per cent increase in sales.
“However, between property types, clear favouritism leaned towards the detached and semi-detached homes, where both saw impressive sales growth of 59 per cent and 47 per cent, respectively,” Jannine Rane, Zoocasa’s Head of Communications, told insauga.com.
Rane said that although the average price of a detached home dipped 3 per cent compared to last month, prices were up by 15 per cent year-over-year and averaged out at $1,265,747.
The average price for semi-detached homes in Mississauga climbed 16 per cent year-over-year to $876,997.
Rane said that smaller homes are hitting the market more swiftly, as listings for condo townhouses rose 69 per cent with 306 new listings. Listings for condos rose 83 per cent with 600 new listings.
Average prices for condo townhouses increased 10 per cent year-over-year, averaging at $670,502. The average price for a condo apartment rose 6 per cent compared to last year to $523,961 but decreased 3 per cent month-over-month.
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.
This Mississauga condo apartment sold for $326,000 after being listed for $319,000. The 500-plus square foot unit boasts one bedroom, one bathroom, hardwood floors, and is in proximity to shopping malls, schools, parks and major highways.
This Erin Mills bachelor/bachelorette suite was listed for $332,000. The 500 square foot unit boasts new stainless steel appliances and features an ensuite laundry, a dishwasher and is in proximity to transit and major highways.
This condo was sold for $365,000 after being listed for $380,000. The 1200 square foot unit has a master bedroom with lots of closet space and a sunroom. It's carpeted throughout and has one underground parking spot as well as one locker. It's minutes away from Trillium Hospital and the QEW.
This condo townhouse was listed for $399,000. The 1,200 square foot unit has three bedrooms, two bathrooms and one parking space. The unit also has 2 balconies and is walking distance to shopping centres, schools, subways and Square One Shopping Centre.
This condo sold for $414,000 after being listed for $415,000. The 900 square foot open concept unit boasts two bedrooms and two bathrooms and is within walking distance of shopping malls, transit, and the hospital. It also features a spacious ensuite laundry room and open balcony.
This two-storey detached home sold for $4,750,000 after being listed for $5,499,0000. This luxury home has four bedrooms, eight bathrooms and a finished basement. It features a ton of natural light, a fireplace, an elevator as well as a heated driveway and floors.
This two-storey detached home sold for $4,492,790 after being listed for $4,950,000. This luxury home has five bedrooms, five bathrooms and a three-car garage. It features a two-storey indoor fireplace as well as a woodburning outdoor fireplace. There is also a basement walkout, four-season sunroom, heated floors and a stunning backyard.
This two-storey detached home was listed for $4,188,000. This contemporary home has four bedrooms, six bathrooms and over 6,000 square feet of luxury living space. The home features a beautiful fireplace, finished basement and double driveway.
This two-storey detached home sold for $3,518,000 after being listed for $3,749,000. This stunning home has five bedrooms, seven bathrooms and over 7,000 square feet of luxury living space. The home features a gorgeous fireplace, triple car garage, nanny suite, private deck and an ensuite oasis.
This two-storey detached home sold for $3,385,000 after being listed for $3,788,000. This stunning home has four bedrooms, six bathrooms and features a chef's kitchen wine cellar, sauna and a finished basement. It also has two wood burning fireplaces, in-ceiling surround sound and exquisite white oak hardwood floors.
- PHOTOS: A look at the least (and most) expensive homes that just sold in Mississauga
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- PHOTOS: A look at the most and least expensive homes that just changed hands in Mississauga
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- PHOTOS: Most and least expensive homes in Mississauga
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