1038 Eastmount Ave
Lakeview, Mississauga, L5E 1Z3
FOR SALE
$950,000
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Property Description
OPPORTUNITY KNOCKS! Well-Priced, Classic Bungalow with Tempting Possibilities! Prime, Prime, Prime Lakeview Location! Minutes to the shimmering lakefront, 24 lush green parks, bike trails, golf & acres of nature! Close to shopping, transit, services & excellent schools, including French Immersion. Large 32 X132 Ft. lot with gorgeous backyard oasis for BBQ's, marshmallow roasts by a blazing fire pit & celebrating life's milestones. Relax on a 20 Ft. deck, pick fruit from your own apple tree! Includes a Garden Shed, plus a 120 Sq. Ft. Workshop for hobbies with power/insulation or convert to child's Play House. Pet paradise with room to roam. Next to 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 & cosy family home offers options galore! Expand the existing 2 Bedroom, 2 Bath floor plan. Build up or out. Includes a semi-finished basement with separate side door entrance. Ideal for a Granny Flat/Teenage Hub/ Man Cave/Home Office/Separate Apartment. Income Potential with approvals. Roughed-in for 2nd Kitchen downstairs, 200+ Amp service. Retro Bar for entertaining in rec room. Main floor spacious, 17.5 FT. bright, updated Kitchen with 2 windows, almond colour cabinets, Dining Room with Walk Out to Deck. Generous Bedrooms, organized closets. Over 1500 Sq. Ft. total living space. Affordable condo alternative, appealing starter home for single or young family on a penny-pincher's budget. Front yard parking for 3 cars. Needs updating. Live in & gradually renovate, room by room. Add your own creative sparkle to this diamond in the rough. Note, Estate Sale, long closing possible, subject to final Probate. Property being conveyed "as is", including chattels, fixtures & mechanicals. Don't miss this chance to enjoy the good life near the lake & create a mini-masterpiece. Act fast!
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Extras
Cold Cellar/Cantina for Wines, Preserves, Root Vegetables. Paved front yard, surface parking for 3 vehicles. Newer roof with Warranty. Two sheds. Paved backyard patio. Deck with Gazebo. Security cameras
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 $950,000, which is $181,800 (16.1%) lower than the average sold price of $1,131,800 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom home in Mississauga increased by $2,423 (0.2%) compared to the previous 30 day period (July 20 - August 18) and up $11,658 (1.0%) from the same time one year ago.Inventory Change
There were 15 2-bedroom homes listed in Mississauga over the last 30 days (August 19 - September 17), which is up 87.5% compared with the previous 30 day period (July 20 - August 18) and up 7.1% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Mississauga typically sold ($36,420) (3.2%) below asking price over the last 30 days (August 19 - September 17), which represents a $57,637 decrease compared to the previous 30 day period (July 20 - August 18) and ($18,699) less 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 (August 19 - September 17) stood at 33.3%, down from 62.5% over the previous 30 days (July 20 - August 18) and down from 50.0% 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 36 days when successfully sold over the last 30 days (August 19 - September 17), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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