1038 Eastmount Ave
Lakeview, Mississauga, L5E 1Z3
FOR SALE
$879,000
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BEDROOMS2
BATHROOMS1
KITCHENS5 + 2
ROOMSW11928465
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Property Description
OPPORTUNITY KNOCKS! HUGE REDUCTION! EXCELLENT VALUE! Don't Miss this Bungalow Bargain with Tempting Possibilities! Prime, Prime, Prime Lakeview Location! Minutes to the lakefront, 24 lush green parks, bike trails, golf & acres of nature! Near shopping, transit, services & schools, including French Immersion. Large 32 X132 Ft. lot with gorgeous backyard oasis for BBQ's for celebrating life's milestones. Relax on a 20 Ft. deck, pick fruit from your own apple tree! Includes a Garden Shed, plus a Workshop for hobbies. Pet paradise with room to roam. Near spectacular, multi-billion-dollar re-development project, Lakeview Village, plan for 8000 posh new homes destined to be Mississauga's new, glittering Riviera which will add value & gentrify the area. Good long-term investment. This solid & cozy family home offers options galore & potential! Expand the existing 2 Bedroom, 2 Bath floor plan, transform into a 4 Bedroom home using ample rec room space. Build up or out. Includes a finished basement with separate side door entrance. Ideal for a Granny Flat/Teenage Hub/ Man Cave/Home Office. Ideal two-generation family home. Roughed-in for 2nd Kitchen downstairs, 200+ Amp service. Retro Bar for entertaining in huge downstairs family room. Main floor, large17.5 FT Kitchen, updated & bright with 2 windows, almond colour cabinets, pantry, lots of storage! Dining Room with Walk Out to Deck. Generous bedrooms, organized closets. Over 1500 Sq. Ft. approx. total living space. Affordable condo alternative, practical starter home for a single/ young couple/ large family on a penny-pincher's budget. Front yard parking for 3 cars. Awaiting your lipstick reno and modern updates. Live in & gradually renovate, room by room. Add your own creative sparkle to this diamond in the rough. Being sold "as is", including chattels, fixtures structure & mechanicals. Enjoy the good life near the lake & create a mini-masterpiece. Act fast! Quick closing possible. Probate completed.
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Extras
Cold Cellar/Cantina. Paved front yard, surface parking for 3 vehicles. Newer roof with Warranty. Two sheds. Paved backyard patio. Deck with Gazebo.
Property Features
Lake/Pond, Library, Marina, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
33' x 132'
Acreage
< .50
Fronting
East
Taxes
$4,752 (2024)
Basement
Finished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
3
Driveway
Rt-Of-Way
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.43' x 13.88' | Bay Window, Formal Rm, O/Looks Frontyard |
| Kitchen | Main | 9.19' x 17.52' | B/I Dishwasher, Pantry, Eat-In Kitchen |
| Dining | Main | 6.69' x 7.51' | O/Looks Backyard, W/O To Deck |
| Prim Bdrm | Main | 10.63' x 11.29' | Mirrored Closet, Closet Organizers, Ceiling Fan |
| 2nd Br | Main | 9.71' x 10.63' | Mirrored Closet, Double Closet |
| Rec | Bsmt | 24.93' x 26.57' | Pot Lights, L-Shaped Room, B/I Bar |
| Utility | Bsmt | 9.02' x 25.30' | Unfinished, Laundry Sink |
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Mississauga Market Statistics
Mississauga Price Trend
1038 Eastmount Ave is a 2-bedroom 2-bathroom home listed for sale at $879,000, which is $441,000 (33.4%) lower than the average sold price of $1,320,000 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom home in Mississauga increased by $201,334 (18.0%) compared to the previous 30 day period (November 19 - December 18) and down $109,500 (7.7%) from the same time one year ago.Inventory Change
There were 13 2-bedroom homes listed in Mississauga over the last 30 days (December 19 - January 17), which is up 8.3% compared with the previous 30 day period (November 19 - December 18) and up 116.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Mississauga typically sold ($51,111) (3.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $17,945 decrease compared to the previous 30 day period (November 19 - December 18) and ($149,849) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Mississauga over the last 30 days (December 19 - January 17) stood at 76.9%, up from 50.0% over the previous 30 days (November 19 - December 18) and up from 66.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Mississauga stood at 25 days when successfully sold over the last 30 days (December 19 - January 17), compared to 86 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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