1038 Eastmount Ave
Lakeview, Mississauga, L5E 1Z3
FOR SALE
$899,000
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BEDROOMS2
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Property Description
OPPORTUNITY KNOCKS! SERIOUS $51,000 PRICE DROP! EXCELLENT VALUE! Don't Miss this Bungalow Bargain with Tempting Possibilities! Prime, Prime, Prime Lakeview Location! Minutes to the shimmering 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 120 Sq. Ft. Workshop for hobbies with power/insulation. 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 & cosy family home offers options galore & endless potential! Expand the existing 2 Bedroom, 2 Bath floor plan, easily transformed into a 4 Bedroom home. Build up or out. Includes a finished basement with separate side door entrance. Ideal for a Granny Flat/Teenage Hub/ Man Cave/Home Office/Separate Apartment. Ideal two-generation family home. Roughed-in for 2nd Kitchen downstairs, 200+ Amp service. Retro Bar for entertaining in huge rec room. Main floor spacious 17.5 FT. bright, updated Kitchen with 2 windows, almond colour cabinets with pantry & lots of storage! Dining Room with Walk Out to Deck. Generous bedrooms, organized closets. Over 1500 Sq. Ft. total living space. Affordable condo alternative, starter home for a single/ young couple/ large family on a penny-pincher's budget. Front yard parking for 3 cars. Awaiting your 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 & 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 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.
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 $899,000, which is $551,000 (38.0%) lower than the average sold price of $1,450,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in Mississauga increased by $141,250 (10.8%) compared to the previous 30 day period (September 21 - October 20) and up $329,500 (29.4%) from the same time one year ago.Inventory Change
There were 11 2-bedroom homes listed in Mississauga over the last 30 days (October 21 - November 19), which is up 10.0% compared with the previous 30 day period (September 21 - October 20) and up 37.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Mississauga typically sold $23,400 (1.6%) above asking price over the last 30 days (October 21 - November 19), which represents a $189,087 increase compared to the previous 30 day period (September 21 - October 20) and ($24,480) 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 (October 21 - November 19) stood at 27.3%, down from 40.0% over the previous 30 days (September 21 - October 20) and down from 62.5% 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 66 days when successfully sold over the last 30 days (October 21 - November 19), compared to 38 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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