1199 Tecumseh Park Cres

FOR SALE
$6,899,000
1199 Tecumseh Park Cres, Mississauga
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5
BEDROOMS
7
BATHROOMS
1
KITCHENS
19 + 3
ROOMS
W11984897
MLSID
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Property Description
Magnificent custom built home in the heart of coveted Lorne Park. Master crafted with the finest workmanship & materials, multiple walk-outs & patios. Heated driveway, walkways, garage, as well as all interior tile surfaces. Boasting 5 spacious bedrooms with ensuite and semi-ensuite bathrooms, Primary Bedroom retreat with walk-in closet and fitting room. Georgeous custom chef's kitchen with a large island. Walk-in pantry, large eat-in area. Living Room luxurious vaulted ceiling, lower entertainment level features Great Room, Games Room, Theatre and full Gym with heated flooring and sauna. Walks-out to a hot tub and endless landscaped yard. 6,600+ sq. ft. of finished living space in the Heart of Mississauga!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-25 2025-01-06 42 $6,899,000 - Terminated
2024-08-28 2024-11-24 88 $6,899,000 - Terminated
Nearby Intersections
Property Features
Fenced Yard, Grnbelt/Conserv, River/Stream, School, Wooded/Treed
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
115' x 290'
Fronting
South
Taxes
$35,176 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
14
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
DiningMain20.37' x 13.81'Fireplace, Coffered Ceiling, Hardwood Floor
LivingMain18.67' x 26.44'Fireplace, W/O To Balcony, Vaulted Ceiling
KitchenMain28.84' x 16.14'Pantry, Centre Island, B/I Appliances
BreakfastMain13.12' x 16.14'2 Way Fireplace, B/I Desk, B/I Shelves
FamilyMain22.67' x 17.65'Fireplace, Picture Window, Hardwood Floor
MudroomMain19.23' x 10.79'2 Pc Bath, Access To Garage, Staircase
Prim Bdrm2nd19.26' x 17.78'Fireplace, 7 Pc Ensuite, Coffered Ceiling
2nd Br2nd29.56' x 19.49'B/I Desk, 3 Pc Ensuite, W/I Closet
3rd Br2nd19.65' x 12.57'Window, 4 Pc Ensuite, Closet
4th Br2nd16.86' x 12.07'Double Closet, 3 Pc Ensuite, Window
5th Br2nd20.67' x 14.14'Double Closet, 3 Pc Ensuite, Picture Window
RecLower24.93' x 37.40'Wet Bar, W/O To Yard, Combined wi/Game
Mississauga Market Statistics
Mississauga Price Trend
1199 Tecumseh Park Cres is a 5-bedroom 7-bathroom home listed for sale at $6,899,000, which is $5,241,500 (316.2%) higher than the average sold price of $1,657,500 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Mississauga declined by $2,244,460 (57.5%) compared to the previous 30 day period (December 22 - January 20) and down $139,416 (7.8%) from the same time one year ago.
Inventory Change
There were 28 5-bedroom homes listed in Mississauga over the last 30 days (January 21 - February 19), which is up 40.0% compared with the previous 30 day period (December 22 - January 20) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Mississauga typically sold ($135,266) (8.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $279,291 increase compared to the previous 30 day period (December 22 - January 20) and ($126,720) 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 5-bedroom homes in Mississauga over the last 30 days (January 21 - February 19) stood at 32.1%, up from 25.0% over the previous 30 days (December 22 - January 20) and down from 42.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 7-bathroom home in Mississauga stood at 43 days when successfully sold over the last 30 days (January 21 - February 19), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Harvey Kalles Real Estate Ltd.
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