PHOTOS: These are the most and least expensive homes in Mississauga
Are you planning to buy a house in Mississauga this summer?
According to data recently released by the Toronto Regional Real Estate Board (TRREB), Mississauga home prices experienced the greatest year-over-year increase out of all the 905 markets analyzed in May, with the average price hitting $1,064,630.
Real estate website and brokerage Zoocasa said that both home price growth and sales activity in Mississauga outpaced that of surrounding towns and cities, with a total of 1,071 homes trading hands in May--up 163 per cent year-over-year. Home prices hit an average of $1,064,630, up 34 per cent since May 2020.
Zoocasa said a total of 1,686 new listings came to market, up 110 per cent.
According to Zoocasa, detached and semi-detached houses led the annual increase in sales, up 182 per cent and 200 per cent with 411 and 165 transactions, respectively. The average price was $1,551,420 for a detached house, marking the biggest increase across all home types in the city (up 39 per cent), and $977,149 for semi-detached (up 23 per cent).
Townhouse sales rose by 155 per cent with 196 transactions, at an average price of $774,098 (up 26 per cent), while condo sales rose 125 per cent with 254 transitions at an average price of $576,898 (up 16 per cent).
But while prices are high, some places are more affordable than others.
Here’s a look at the most and least expensive homes that recently changed hands in Mississauga:
1606 Watersedge Road
This home sold for $7,400,000 after being listed for $7,588,000. It boasts 5,000 square feet of space, and has views of Lake Ontario and the Toronto skyline. It was designed by Bill Hicks, and it features four bedrooms, a spa-like ensuite, as well as a media room, gym, and wet bar.
Sotheby`s International Realty Canada
1624 Watersedge Road
This home sold for $5,750,000 and was listed for $5,999,900. The custom-built home has more than 4,500 square feet of space, and features three bedrooms and four bathrooms, including an en-suite spa with a Jacuzzi tub in the master bedroom. It also has a fully-finished basement with a separate room that can be used as a bedroom or office. The basement also has a walkout to the backyard, which has a deck with a retractable awning and enclosure.
Royal Lepage Signature Realty
1060 Indian Road
This home sold for $5,500,000 and was listed for $5,899,850. It has more than 8,000 square feet of living space on a 2.88-acre lot. It features five bedrooms and seven bathrooms—every bedroom has an en-suite bathroom. It also features a home theatre, a gym, a sauna, and an in-ground salt-water pool.
Re/Max Realty Enterprises Inc.
1476 Carmen Drive
This home sold for $5,000,000 and was listed for $4,999,880. It boasts more than 8,000 square feet of space and has four bedrooms and six bathrooms. It also features a wood-burning fireplace; a lower-level media room with a bar, wine cellar, and golf simulator; and a pool.
208 Donnelly Dr
This home sold for $4,100,000 and was listed for $4,175,000. It has more than 8,700 square feet, as well as five bedrooms and seven bathrooms. It also features an in-ground deep-dive pool, a two-story pool house, and an outdoor fire pit.
FSBO Real Estate Inc.
505 - 3065 Queen Frederica Drive
This home sold for $400,000 and was listed for $420,000. It has 900 to 1,000 square feet of space, as well as two bedrooms and one bathroom. It also features a balcony, and the building has an outdoor pool and rec room.
Property Max Realty Inc.
1016 - 2929 Aquitaine Avenue
This home sold for $405,000 and was listed for $379,900. It has 700 to 800 square feet of space, as well as one bedroom and one bathroom. It also features an open balcony and a den, and it’s across the street from the Meadowvale Town Centre.
Keller Williams Edge Realty
ph1 - 2345 Confederation Parkway
This home sold for $406,215 and was listed for $419,900. It boasts 1200 to 1400 square feet of space and it has three bedrooms and two bathrooms. It also features a renovated kitchen with quartz countertops and two balconies.
Real Estate Bay Realty
910 - 2929 Aquitaine Avenue
This home sold for $440,000 and was listed for $418,888. It has 800 to 900 square feet of space, as well as two bedrooms and two bathrooms. It also features in-suite laundry facilities and a balcony, and the building has an outdoor pool, a gym, a sauna, a games room, and a party room.
Royal Lepage Meadowtowne Realty
084 - 2001 Bonnymede Drive
This home sold for the listing price, which was $445,000. It has 900 to 1,000 square feet of space, as well as three bedrooms and two bathrooms. It also features in-suite laundry facilities, a walk-out balcony, and the building has an indoor, sea-salt pool, a gym, and a playground for kids. It’s also within walking distance of Clarkson Go Station.
Royal Lepage Realty Centre
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